Global Economy

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.
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.
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.
Latin America
Depression USA: Dueling Dems and Republicans “Stimulus Plans” and Fed Shenanigans By Stephen Lendman, March 25, 2020
The 2020 Great Recession 2.0 –Or Worse! By Dr. Jack Rasmus, March 24, 2020
Time to Rein in the Potent Virus Called “The Super Rich” By Philip A Farruggio, March 24, 2020
A Debt Jubilee Is the Only Way to Avoid a Depression By Prof Michael Hudson, March 24, 2020
China Braces for Further Economic Shockwaves By Stephen Lendman, March 23, 2020
Everything Accomplished During the Great Depression to Make Capitalism Workable Has Been Taken Away Resulting in Economic Crisis that Only Debt Forgiveness Can Mitigate By Dr. Paul Craig Roberts, March 23, 2020
COVID-19: A US Scheme for Greater Consolidation of Wealth and Power? By Stephen Lendman, March 23, 2020
Welcome to Sweatshop Amerika! By Mike Whitney, March 23, 2020
In Times of Crisis, How to Prevent an Economic Meltdown and Avoid Privatizing Profits and Socializing Losses By Prof Rodrigue Tremblay, March 23, 2020
COVID-19: Trump Companies Fall, Hundreds Lose Jobs By Telesur, March 23, 2020
While Dumping Their Stocks, US Senators Misled the Public on Coronavirus Crisis By Jacob Crosse, March 23, 2020
IMF Rejects Venezuela COVID-19 Emergency Fund Appeal By Ricardo Vaz, March 23, 2020
Worst Financial Crisis since 1929: The Fed’s $1.5 Trillion Stimulus Bill. Long Term Solutions By Ellen Brown, March 22, 2020
US Senators Dump Stocks with COVID-19 “Inside Information” By Stephen Lendman, March 22, 2020
The IMF Abandons Venezuelans to the Threat of the COVID-19 Pandemic on a Political Decision By Nino Pagliccia, March 22, 2020
The Coronavirus, Fear, and Elitist Driven Market Insanity By William J Murray, March 20, 2020
The Fed Reopens Its Landfill for Distressed Assets By Mike Whitney, March 20, 2020
Global Depression Arrives, Only Its Depth and Duration Unknown By Stephen Lendman, March 20, 2020
‘A Tale of Three Crises: Comparing 1929 with 2008 and 2020’ By Dr. Jack Rasmus, March 20, 2020
US Economic Relief Measure Enacted, Much More Needed By Stephen Lendman, March 20, 2020
Crisis of Capitalism? Two Missing “Black Swan” Events By Marwan Salamah, March 19, 2020
Will China’s Economy be Revived After the COVID-19 Pandemic? By Tom Clifford, March 19, 2020
Boeing Seeks “A Minimum $60 Billion” Govt Bailout After Fully Drawing-Down $13Bn Credit Line By Zero Hedge, March 18, 2020
Today We’re All Irish: Debt Serfdom Comes to America By Ellen Brown, March 18, 2020
We’re in a Recession, and It’s Likely to Get Worse By Kevin Zeese and Margaret Flowers, March 17, 2020
Global Economy Heads for Major Recession as Central Banks Increase Emergency Measures to Prevent Collapse of the Financial System By Dr. Leon Tressell, March 17, 2020
Uncharted Troubled Economic Waters. Global Recession, Fear-mongering and the COVID-19 “Trigger Mechanism” By Stephen Lendman, March 16, 2020
9 Things You Should Know About the 2020 Stock Market Crash By Mike Whitney, March 16, 2020
COVID-19: Is the United States Committing Economic Suicide? By Michael Zitterman, March 16, 2020
Wall street
The Fed’s Latest Welfare Payout to the Crooked Wall Street Banks By Mike Whitney, March 15, 2020
Coronavirus COVID-19: “Made in China” or “Made in America”? By Prof Michel Chossudovsky, March 14, 2020
Markets Screaming Global Recession By Stephen Lendman, March 13, 2020
China Steadily Continues to Promote Influence on the African Continent By Lucas Leiroz de Almeida, March 12, 2020
The US Federal Reserve’s Baffling Response to the Coronavirus Explained By Ellen Brown, March 12, 2020
Covid-19 “Is a Significant Economic Threat” By UNCTAD, March 12, 2020
Coronavirus Offerings and Job Losses: University Reliance on China Bites By Dr. Binoy Kampmark, March 11, 2020
70,000 Demand ‘Corporate Courts’ Kept Out of Post-Brexit Trade Deals By Global Justice Now, March 11, 2020
How Black Swans Are Shaping Planet Panic By Pepe Escobar, March 11, 2020
Saudi Arabia’s Oil Price War Could Very Easily Backfire By Andrew Korybko, March 10, 2020
Financial Times
Global Financial Asset Deflation Underway: Prelude to Next ‘Great Recession’? By Dr. Jack Rasmus, March 10, 2020
Financial Meltdown: The Impending Credit Crunch; The Next Shoe to Drop? By Mike Whitney, March 10, 2020
The Big Heist: U.S. Imposed Economic Sanctions on One Third of Humanity By Lauren Smith, March 10, 2020
Market Turmoil. The US Economy is House of Cards By Stephen Lendman, March 09, 2020
Andrew Jackson
U.S. Economy Heads Towards Recession as Its Central Bank Takes Panic Measures to Protect Financial Markets By Dr. Leon Tressell, March 05, 2020
Why Are Stocks Crashing? By Mike Whitney, March 03, 2020
IMF “Economic Medicine” Imposed on Sri-Lanka: Inhuman at the Micro and Macro Levels By Eric Toussaint, March 03, 2020
Brexit Lie – Johnson Now Looking to Break Agreement with EU on Northern Ireland Checks By True Publica, February 28, 2020
The Looming Financial Nightmare: So Much for Living the American Dream By John W. Whitehead, February 26, 2020
How Globalization and China’s Economic Crisis Might Jeopardize Our Precarious Medical Supply Chains By F. William Engdahl, February 26, 2020
Huawei in the Crosshairs: “Great Power Confrontation”, The Geopolitical Battle for 5-G Technology By Mike Whitney, February 25, 2020
Venezuela’s Next Economic Shock Might Come from India’s Compliance with US Sanctions By Andrew Korybko, February 24, 2020
The American Empire Will Fall if Humanity Stands Together By Robert Abele, February 24, 2020
Covid-19 Triggers Global Luxury Bust By Zero Hedge, February 24, 2020
Financial Secrecy in Post Brexit Britain: UK Government Not Threatening ‘Singapore on Thames’ but ‘Cayman on Steroids’ By Robert Woodward, February 23, 2020
Two Years After Handing It the Biggest Ever Bailout Loan, IMF Finds Argentina Debt Levels Are “Unsustainable” By Zero Hedge, February 23, 2020
China Defies US Sanctions against Venezuela. Will Continue to Import Oil from Venezuela and Support Maduro Government By Lucas Leiroz de Almeida, February 23, 2020
Post-Brexit Britain to be the “Largest and Most Destructive Tax Haven in the World” By True Publica, February 17, 2020
Doing More Harm Than Good? Our Latest Report on the UK’s Development Bank, CDC By Daniel Willis, February 17, 2020
United Airlines Pulls Boeing 737 MAX from Schedule Until September 4. By Zero Hedge, February 17, 2020
Trump’s Trade War with China: Imagine What Would Happen if China Decided to Impose Economic Sanctions on the USA? By Prof Michel Chossudovsky, February 17, 2020
Coronavirus May Tip the Global Economy Into Recession? By Dr. Leon Tressell, February 17, 2020
US Undeclared War on China by Other Means By Stephen Lendman, February 17, 2020
Is China Capitalist? By Marc Vandepitte, February 16, 2020
The Metal Trump Wants More than Gold. China’s Control Over Strategic Metals By Charles Kennedy, February 14, 2020
Corporate America in Israel and Illegal Settlements By Stephen Lendman, February 13, 2020
Johnson’s Administration Has Just Dumped an Unexploded Time Bomb in Our Midst By True Publica, February 13, 2020
Wall Street Invading Wet’suwet’en First Nation Territory. Uprising Across Canada By Joyce Nelson, February 12, 2020
Will China Virus Trigger New Great Depression? US Economy Already Fragile By F. William Engdahl, February 12, 2020
The Russia-India Oil Deal Is an ‘Unpleasant Surprise’ for Iran, Not the US By Andrew Korybko, February 12, 2020
Recession Engineered by the Creditors: Seven Years of Demanding the Impossible in Greece By Yiannis Mouzakis, February 11, 2020
Bankers Shape Canadian Policy in Latin America. Juan Guaidó Fêted in Ottawa By Yves Engler, February 09, 2020
Rosa Luxemburg and Debt as an Imperialist Instrument By Eric Toussaint, February 09, 2020
Just a Little Sloppy Record-Keeping? The Pentagon’s $35 Trillion ‘Accounting Black Hole’ By Zero Hedge, February 07, 2020
More Bad Brexit News as Main Driver of Economy Continues to Slump By True Publica, February 05, 2020
Coronavirus Pandemic: Economic Disruption. China Bashing and Hate Campaign against Chinese-Americans By Prof Michel Chossudovsky, February 04, 2020
BRICS and the Digital Money Project: Alternative to US$, New Wave in International Payment System? By Yana Grigoryeva, February 03, 2020
The “Repo” Fiasco; the Fed’s Cash Injections Send Stocks Soaring By Mike Whitney, February 03, 2020
Early Industrial Capitalism in the United States: Oppression, Expansionism and Internal Contradictions By Heather Cottin, February 02, 2020
UK News: Brexit, the Election and OPCW Disclosures By Michael Welch, Patrick Henningsen, and Radhika Desai, February 01, 2020
Brexit – The Realisation Stage … What Next By True Publica, January 31, 2020