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.
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
Israeli-Palestinian
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
England Came and Went, Leaving Europe in a Mess. UK Leaves EU By Diana Johnstone, January 31, 2020
Boeing Reports Epic $4 Billion Revenue Miss, Announces $18.6BN in 737 MAX Costs, Cuts 787 Production; Stock Surges By Zero Hedge, January 30, 2020
The Global System Nearing Financial and Climate Collapse: Capitalism By Frank Scott, January 29, 2020
“Debt Against the People”: Analysis and History of the Global Debt Crisis By Eric Toussaint, January 29, 2020
Trump’s Failed Bullying: Britain Accepts 5G Huawei Technology By Dr. Binoy Kampmark, January 29, 2020
Russia-Pakistan Relations. A Five-Phase Strategy. Building Afro-Eurasia By Andrew Korybko, January 28, 2020
Follow the “Real Money” Behind the “New Green Agenda” By F. William Engdahl, January 28, 2020
The Unbearable Hypocrisy of US Sanctions on Iran By Daniel McAdams, January 27, 2020
Why the New Silk Roads Are a “Threat” to the “US Bloc” By Pepe Escobar, January 27, 2020
Prospects for China-U. S. Relations After “Phase 1 Trade Deal” By Dr. Leon Tressell, January 26, 2020
Sheep Always Seem to Lose Their Wool: “Our Nation Flounders in an Economic and Psychological Depression” By Philip A Farruggio, January 26, 2020
Disabled People Under Attack By John Clarke, January 24, 2020
The US-China Trade Deal Is Mostly Symbolic By Kavaljit Singh, January 24, 2020
Trump Parties in Davos While Ordinary Americans Struggle to Make Ends Meet By Stephen Lendman, January 23, 2020
Impacts of the China-Myanmar Economic Corridor (CMEC). Ease or Exacerbate China-India Rivalry? By Andrew Korybko, January 23, 2020
The Pacific Gas and Electric Company (PG&E): Monopoly Power and Disasters by the Rich 1% By Peter Phillips and Tim Ogburn, January 23, 2020
Video: Globalize Hope: New Film on the History of La Via Campesina By La Via Campesina, January 23, 2020
New Debt Crisis in the South By Milan Rivié, January 23, 2020
Trump At Davos: “The Great American Comeback” By Andrew Korybko, January 22, 2020
The Davos World Economic Forum (WEF) Is at It Again – Celebrating 50th Anniversary By Peter Koenig, January 22, 2020
Despite Limitations, Cuba’s State Budget Maintains Its Eminently Social Focus By Yudy Castro Morales, January 22, 2020
Iran Threatens to Quit NPT if EU Pursues Reimposition of Security Council Sanctions By Stephen Lendman, January 21, 2020