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.
The US-Mexican Deal Advances “Fortress America”, Softens China’s “Counter-Sanctions” By Andrew Korybko, June 10, 2019
European Customers Are “Abandoning” UK Firms as Manufacturing Figures Sink By Jack Peat, June 10, 2019
On Global Capitalist Crises: Systemic Changes and Challenges By Dr. Jack Rasmus and Mohsen Abdelmoumen, June 09, 2019
Who Rules the World? Bilderberg 2019 and the Global Power Elite By Michael Welch, Dan Dicks, and Peter Phillips, June 07, 2019
Profits über Alles! American Corporations and Hitler By Dr. Jacques R. Pauwels, June 07, 2019
World Bank and IMF Support to US Sponsored Dictatorships By Eric Toussaint, June 07, 2019
The State of the US Economy. Poverty and America’s “Mega-Rich”. Rigged Markets and the Collapse of the “Real Economy” By Dr. Paul Craig Roberts, June 07, 2019
The Root of All Evil: “People No Longer Matter” By John Kozy, June 06, 2019
Why Trump Now Wants Talks with Iran By Pepe Escobar, June 06, 2019
After the Fall of the Berlin War: Between Dystopia and Democratic Socialism By Andrew Jackson, June 05, 2019
“Manufacturing Dissent”: The Anti-globalization Movement is Funded by the Corporate Elites By Prof Michel Chossudovsky, June 01, 2019
The Bankers’ “Power Revolution”: How the Government Got Shackled by Debt By Ellen Brown, May 31, 2019
Trumponomics: America First, the US-China Trade War, and the Future of Global Capitalism By Michael Welch, Dr. Jack Rasmus, and Leo Panitch, May 31, 2019
Full-blown US-China Trade War? Rare Earths – US Has So Much to Lose, China Barely Feels the Loss By Tom Clifford, May 31, 2019
Clubs, Cartels and Bilderberg By Dr. Binoy Kampmark, May 31, 2019
Death of South Africa’s Lonmin Mining House. “Murder by Money” By Prof. Patrick Bond, May 30, 2019
The Sensation of “Financialization”: How It Undermines Real Economic Development By Jomo Kwame Sundaram and Dr. Michael Lim Mah Hui, May 30, 2019
The Decline of Jamaica’s Trade Union Movement in the Era of Capitalist Globalization By Tina Renier, May 29, 2019
China Has Three Trump Cards to Win the US-China Trade War By Jin Canrong, May 29, 2019
“The True Story of the Bilderberg Group” and What They May Be Planning Now By Stephen Lendman, May 28, 2019
Palestinian Economic Development Under Zionist Settler Colonialism By Dr. Zuhair Sabbagh, May 27, 2019
Predatory Corporations in South Africa: The Lonmin Mining House and the 2012 Marikana Massacre By Prof. Patrick Bond, May 27, 2019
Neo-liberalism: What Is It? What Is Wrong with It? What Next? By Prof. Joseph H. Chung, May 27, 2019
Banking on the People: Democratizing Money in the Digital Age By Ellen Brown, May 26, 2019
Bolton Threatens to Force Africa to Choose Between the US and China By Glen Ford, May 25, 2019
Another Round of Punishing Economic Austerity in Ontario By Prof. Greg Albo, Prof. Bryan Evans, and Carlo Fanelli, May 25, 2019
Backlash in US-China Trade War. China Defies Sanctions against Iran, Resumes Purchase of Iran Oil By Prof Michel Chossudovsky, May 21, 2019
US-China Trade War: Beijing Warns Trump Against “Going Too Far” By Stephen Lendman, May 21, 2019
The U.S. Ultimatum on Huawei Is Backfiring By Andrew Korybko, May 19, 2019
Oil and Global Rivalry By John Foster, May 18, 2019
Trade War
China-US Trade War: Hiatus or Busted Deal? By Dr. Jack Rasmus, May 15, 2019
The China Pakistan Economic Corridor (CPEC): Crucial to the Convergence of Civilizations? By Andrew Korybko, May 14, 2019
Washington Had the Wrong Approach to US-China Trade Talks from the Start By Andrew Korybko, May 11, 2019
Boondoggle, Inc.: Making Sense of the $1.25 Trillion National Security State Budget By William D. Hartung and Mandy Smithberger, May 10, 2019
How Major Banks Turned a Blind Eye to the Theft of Billions of Pounds of Public Money By Madlen Davies, Ben Stockton, and Ferdinand Moeck, May 09, 2019
Venezuela Accuses UK of Denying Venezuelans Food, Healthcare by Blocking Gold Deposits By Press TV, May 09, 2019
A Chinese Caribbean? Washington Not Happy About “New China Focus” in Cuba, Venezuela and Panama By F. William Engdahl, May 09, 2019
Money Laundering – Why the UK Does Not Prosecute It By True Publica, May 08, 2019
Trump’s Threatened Tariffs Undermine China’s Trust in Negotiating with America By Andrew Korybko, May 06, 2019
It’s Crunch Time for China’s Central American Strategy By Andrew Korybko, May 06, 2019
How Accurate Are the April Jobs Numbers? By Dr. Jack Rasmus, May 06, 2019
19 Facts About Current US Economic Performance: I Dare You to Tell Me the Economy Is “Booming” By Michael Snyder, May 05, 2019
China-Laos Economic Relations. The Broader Strategic Implications By Andrew Korybko, May 03, 2019
What If Iran Retaliates and Shuts Down the Strait of Hormuz? By Scott Ritter, May 03, 2019
South Africa: The Odious Debts Generated by Coal-fired Power Stations By Eric Toussaint, May 03, 2019
Does America Have an Economy or Any Sense of Reality? By Dr. Paul Craig Roberts, May 03, 2019
How Trump Policies Exacerbate Income Inequality in America By Dr. Jack Rasmus and Fars News Agency, May 01, 2019
The China Pakistan Economic Corridor (CPEC) Is the Perfect Opportunity for Pakistan to Pivot to Africa By Andrew Korybko, May 01, 2019
China’s Belt and Road Initiative: Towards a Just World? By Dr. Chandra Muzaffar, May 01, 2019
The Apparent Surge in America’s Rate of Economic Growth (GDP): The Facts Behind the Hype By Dr. Jack Rasmus, April 30, 2019
Where the Silk Roads Meet the Mighty Mekong By Pepe Escobar, April 29, 2019
$220,000 for Every Man, Woman and Child – America Is Now 72 Trillion Dollars in Debt By Michael Snyder, April 26, 2019
Belt and Road Forum in Beijing and How Western ‘Reports’ Are Smearing China By Andre Vltchek, April 25, 2019
Is this a “Game Changer” for Lithium? Strategic Battery Metal Known as “White Petroleum” By Charles Kennedy, April 25, 2019
Planning Can Save the Planet: China Chooses Renewable Energy By Sara Flounders, April 24, 2019
Iranian
US Sanctions Got India to Ditch Iran, Will Washington Get It to Ditch Russia Too? By Andrew Korybko, April 24, 2019
Iran Not Backing Down: IRGC Navy Vows to Block US Ships from Important Waterway By Telesur, April 23, 2019
Trump’s Dangerous Game: New Blockade of Iran Could Skyrocket Oil Prices Across the World By Telesur, April 22, 2019
Russia-China-Pakistan Economic and Strategic Relations: Russia’s Ambassador To China Strongly Hinted At Moscow’s Interest In N-CPEC+ By Andrew Korybko, April 20, 2019
Trump Declares Economic War on Cuba By The Conversation, April 19, 2019
Reaction of the Rich to the Notre Dame Fire Teaches Us a Lot about the World We Live In By Carl Kinsella, April 18, 2019
The Spoils of War: Afghanistan’s Multibillion Dollar Heroin Trade By Prof Michel Chossudovsky, April 16, 2019
Brexit – The Truth About the Economy and What’s Next By True Publica, April 15, 2019
Trump Whacks the Middle Class By Dr. Jack Rasmus, April 15, 2019
US Threatens Venezuela at UNSC as IMF Freezes Funds By Ricardo Vaz, April 15, 2019
Major Revelation: Assange Was Bought for $4.2 Billion – Former Ecuadorian President Confirms IMF Loan In Exchange For Assange By Paul Antonopoulos, April 14, 2019
Another Example of How a Trade Deal with America Will Harm British People By True Publica, April 14, 2019
Despite a $ 22 Trillion National Debt, America Is on a Military Spending Spree. 800 Overseas US Military Bases By Sami Karimi, April 10, 2019
Even Saudi Arabia Threatens to Ditch Dollar for Oil Trade over US Bullying Policies By Telesur, April 09, 2019
NATO at 70: Global Enforcers of Western Imperialism By Michael Welch, Mahdi Darius Nazemroaya, and Andre Vltchek, April 07, 2019
Saudis Threaten to Ditch Petrodollar as “Nuclear Option” to Block NOPEC Bill By Zero Hedge, April 05, 2019
Ontario: Debunking the Conservative Party Policy of Ford and Scheer By Paul Kahnert, April 04, 2019
Why Is the Fed Paying So Much Interest to Banks? By Ellen Brown, April 04, 2019
Belt and Road Initiative in Full Swing in Europe By Federico Pieraccini, April 03, 2019
The Financial Transaction Tax (FTT) By Kavaljit Singh, April 02, 2019
China’s President Xi Jinping in Italy: It’s the Maritime Ports! By F. William Engdahl, April 02, 2019
An Ecological Future and the Pursuit of Justice: The Key Challenge of Our Times By Roy Morrison, April 01, 2019
Venezuela’s Oil Production Plummets in February Due to New US Sanctions By Dan Beeton, April 01, 2019
China – and Macron’s U-Turn By Peter Koenig, March 31, 2019
Cyclone Idai Causes Devastation Compounding Economic Challenges in the Southern Africa Region By Abayomi Azikiwe, March 31, 2019