Global Economy

America has the greatest inequalities, highest mortality rate, most regressive taxes, and largest public subsidies for bankers and billionaires of any developed capitalist country. One of the most likely sources of billionaire wealth is through tax evasion in all of its guises and forms.
62 individuals – 388 in 2010 – now own more wealth than 50% of the world’s population. More shockingly, this share of wealth by half of the world’s people has collapsed by over 40% in the last five years.
Behind the extreme highs of the stock market and the official government unemployment data, the US economy is primed for a financial Tsunami that is more influenced by independent Fed actions than by anything that the White House has done since January 2017.
The U.S. dollar is tied up with the market for interest rate derivatives, currently valued at over $500 trillion. As analyst Rob Kirby explains, the economy would crash if interest rates went negative. The derivatives market would go down like a stack of dominoes and take the U.S. economy with it.
China vs. America, Whose Century Is It? Don’t Ask Donald Trump: “The Invisible Chinese Virus” By Dilip Hiro, August 19, 2020
Halting Our Descent into Tyranny: Defeating the Global Elite’s COVID-19 Coup By Robert J. Burrowes, August 19, 2020
Trade Wars Threaten Post-pandemic Global Economic Recovery By Paul Antonopoulos, August 19, 2020
Lebanon: Pearl on the New Silk Road or Zone of Dark Age Chaos By Matthew Ehret-Kump, August 19, 2020
Historic Collapse of US Economy: Real GDP Registers Biggest Quarterly Slump in Last 70 Years at 32.9% By Justinas Baltrusaitis, August 17, 2020
Lockdowns, Coronavirus, and Banks: “Following the Money”. Devastating Economic and Social Impacts By Anthony Hall, August 16, 2020
A Real Democratic World Government Is the Solution to the COVID-19 Crisis By Roger Copple, August 13, 2020
Bailing on Boeing: Order Cancellations Exceed New Sales for Sixth Straight Month By Zero Hedge, August 12, 2020
Coronavirus Is the New ‘Terrorism’ By Rep. Ron Paul, August 11, 2020
Corona and the End of the Neoliberal Era? By Marc Vandepitte, August 10, 2020
Trump’s Payroll Tax Deferral Aims to Weaken and Kill Social Security and Medicare By Stephen Lendman, August 10, 2020
Covid-19 and the “Greater Economic Depression” Exceeding the 1930s: Unemployment Armageddon By Stephen Lendman, August 09, 2020
Trump Scuttles Economic Stimulus Negotiations. What Next? By Dr. Jack Rasmus, August 09, 2020
The COVID “Second Wave” Will Tear Our Communities Apart By Stewart Brennan, August 09, 2020
Cyprus Is No Longer a Tax Haven for Russia’s Oligarchs By Paul Antonopoulos, August 07, 2020
Taxing the Rich. Imposing A “Pigou Wealth Tax” in the Time of COVID-19 By Kavaljit Singh, August 06, 2020
Covid Aid, Relief and Economic Security. The CARES Act: Is the Money is Going the More Prosperous Neighbourhoods? By Bart Naylor and Ann Garrison, August 06, 2020
US War on Chinese Enterprises By Stephen Lendman, August 05, 2020
Despite Official Reports, China Has Been Importing Millions of Barrels of Iranian Crude Oil By Simon Watkins, August 04, 2020
Stories Of Economic Despair From America’s Worst Economic Downturn Since The Great Depression Of The 1930s By Michael Snyder, August 04, 2020
US GDP Collapses and Economic Rebound Fades By Dr. Jack Rasmus, August 04, 2020
U.S. Cold War China Policy Will Isolate the US, Not China By Medea Benjamin and Nicolas J. S. Davies, August 03, 2020
Escalating Trump Regime Cold War on China By Stephen Lendman, August 03, 2020
Congress Fails to Agree on Extending Aid to Jobless Americans By Stephen Lendman, August 02, 2020
A “Brazen Giveaway” GOP HEALS Act Is a $30 Billion Bonanza for the Pentagon By Alan MacLeod, July 31, 2020
Boeing Posts Massive Loss, Burns $5.3 Billion as Aircraft Production Slows and Debt Explodes By Zero Hedge, July 31, 2020
Military Escalation, Dangerous Crossroads in US-China Relations: Mike Pompeo Goes Wild By Stephen Lendman, July 30, 2020
Chinese Participation in 5G Auction Could Save Brazilian Economy By Lucas Leiroz de Almeida, July 29, 2020
China Is to Stay in Latin America and US Has No Choice but to Accept By Paul Antonopoulos, July 28, 2020
Public Money to Plunder the Planet: Development Banks Fund Big Meat and Dairy By Shefali Sharma, July 28, 2020
China’s Vision in a Post-COVID World By Peter Koenig, July 28, 2020
The Health, Economic Assistance, Liability Protection and Schools (HEALS) Act. The GOP’s Let ‘Em Eat Cake Stimulus Plan’ By Stephen Lendman, July 28, 2020
What Will Happen to Neoliberalism after the COVID-19 Crisis? Will It Survive? By Prof. Joseph H. Chung, July 27, 2020
Capitalism Is the Parasite; Capitalism Is the Virus By Prof. Matthew Flisfeder, July 27, 2020
Mephistopheles of Wall Street: Goldman Sachs, 1MDB and the “Malaysia Settlement” By Dr. Binoy Kampmark, July 27, 2020
“Made In The USA” Economic Collapse: Trump’s “Stimulus Plan”. Money for the Super-Rich, Crumbs for Ordinary Americans By Stephen Lendman, July 27, 2020
It’s Futile…. We’re Feudal! “The Super Rich Own the Two Party / One Party System”. Social Inequality in America By Philip A Farruggio, July 26, 2020
US Economic Collapse: The Worst in US History By Stephen Lendman, July 25, 2020
The Imperial Myth of Canada’s National Policy. Its Contemporary Implications By Matthew Ehret-Kump, July 24, 2020
Now Comes the Davos Global Economy “Great Reset”. What Happens After the Covid-19 Pandemic? By F. William Engdahl, July 24, 2020
Conspiracy Theory
The Global Reset – Unplugged. “The Deep State” By Peter Koenig, July 24, 2020
The Moment of Truth for BRICS: Challenges, Opportunities and the Way Forward By Dr Byelongo Elisee Isheloke and Kester Kenn Klomegah, July 24, 2020
Trump Administration’s Pressure Prompted Tehran and Damascus to Cultivate Ties with China By Michael Jansen, July 23, 2020
Trump Regime Blacklists More Chinese Firms By Stephen Lendman, July 21, 2020
By Rejecting Huawei, Britain Risks Being Swept up in the US’ Next Ideological Crusade By Johanna Ross, July 21, 2020
What Lies Ahead: Permanent Job Losses, Poverty in America, Financial and Political Instability By Dr. Jack Rasmus, July 18, 2020
Why Did Hundreds Of CEOs Resign Just Before The World Started Going Absolutely Crazy? By Michael Snyder, July 17, 2020
Dems and GOP to Debate Extended Stimulus Benefits Next Week By Stephen Lendman, July 17, 2020
“The Great Reset” Fraud By Matthew Ehret-Kump, July 17, 2020
China’s Economy and Globalization: A Look into the Future By Peter Koenig, July 17, 2020
Video: The COVID-19 Lockdown: Economic and Social Impacts By Peter Koenig and Prof Michel Chossudovsky, July 16, 2020
The Ultra-Rich Elites of the New World Order and Their Diabolical Agenda By Dr. Rudolf Hänsel, July 16, 2020
Israeli Proxies Profit from U.S. Coronavirus Funding By Philip Giraldi, July 16, 2020
India-Iran Relations in Crisis: Geopolitical Realignment in Favor of China By Andrew Korybko, July 16, 2020
Building Power to Win Is the Revolutionary Approach to “Bourgeois Electoralism” By Ajamu Baraka, July 16, 2020
IMF “Economic Medicine” Contributes to Health Crisis in Africa: Shortage of Health Workers By Lawrence Freeman, July 15, 2020
China-Iran Deal Is a Major Blow to U.S. Aspirations in Central Asia By Paul Antonopoulos, July 15, 2020
Video: Saudi Regime on Brink of Collapse? Economic Crisis and Setbacks in Yemeni War By South Front, July 15, 2020
Will the Federal Reserve Cause the Next Riots? By Rep. Ron Paul, July 14, 2020
Trump’s Harsh Sanctions Lead to Iran-China Partnership By Prof. Marjorie Cohn, July 14, 2020
Money Capital versus “Life Capital”. Prof. John McMurtry By Prof. John McMurtry and Dr. Jeffery Klaehn, July 14, 2020
The Fiscal Deficit, Modern Monetary Theory and Progressive Economic Policy By Andrew Jackson, July 14, 2020
“Tsunami of Job Losses”: U.S. Economy Hasn’t Experienced Anything Like This Since the 1930s Great Depression By Michael Snyder, July 14, 2020
The New “Water Barons”: Wall Street Mega-Banks are Buying up the World’s Water By Jo-Shing Yang, July 14, 2020
Video: An Economic Elephant in Canada’s Room. Unprecedented Debt Crisis in the Making By Michelle Rempel Garner and Mark Taliano, July 13, 2020
China and Iran Deepening Bilateral Ties. A 25-Year Strategic Partnership By Stephen Lendman, July 13, 2020
Enter the Virus… The Great ‘Reset’ of Capitalism By William Bowles, July 13, 2020
Job Losses, Bankruptcies and Store Closings Are All at Apocalyptic Levels as the U.S. Economic Collapse Rolls on By Michael Snyder, July 13, 2020
Iran and China Turbo-charge the New Silk Roads By Pepe Escobar, July 12, 2020
China’s Growing Influence in Central Asia and the Middle East Will Lead to Further US Decline By Shane Quinn, July 10, 2020
Deep Recession and Contraction of Global Economy: “Second Wave” Covid Economic Impact? By Dr. Jack Rasmus, July 10, 2020
Finally: A Way Out of this Mess! By Philip A Farruggio, July 07, 2020
Kazakhstan May Hold the Secret for Greater Eurasia By Pepe Escobar, July 07, 2020
Is Washington Provoking India into a War with China? By F. William Engdahl, July 05, 2020
The China-India Trade War: Indian Boycott of Chinese Goods By Paul Antonopoulos, July 03, 2020
UK Court Denies Venezuela $1bn in Gold Needed to Fight Virus By Lucas Koerner, July 03, 2020
The Covid-BLM Diversion: Economic “Shock Therapy” Behind a Smokescreen of Hysteria and Racial Incitement By Mike Whitney, June 30, 2020
Delisting Chinese Firms from US Exchanges. “Risks of Military Confrontation”… Destabilization of Capital Markets? By Stephen Lendman, June 29, 2020
After the Corona Lockdown: Neoliberal State Intervention “Won’t Save Us” By MP Richard Burgon, June 29, 2020
Sudan Holds Donors Conference to Salvage Its Economy By Kester Kenn Klomegah, June 29, 2020