Global Economy

The globalist Davos World Economic Forum is proclaiming the necessity of reaching a worldwide goal of “net zero carbon” by 2050. Yet transformations underway from Germany to the USA, are setting the stage for creation of what is called the New Word Order. In reality it is a blueprint for a global technocratic totalitarian corporativism, that promises huge unemployment, deindustrialization and economic collapse.
“Covid Tolerance Zero” has contributed to destabilizing Shanghai’s financial sector as well as China's buoyant export economy. It has created social havoc for millions of people. The Chinese Government has now acknowledged that is was based on fake science.
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.
For more than 12 years the WEF has pushed a corporate model in Africa, Latin America and Asia. The “big target” has been India, where resistance to corporate takeover of agriculture has been fierce ever since the failed 1960’s Green Revolution of the Rockefeller Foundation.
Top US Officials Vastly Underestimated 2008 Economic and Financial Crisis By Andre Damon, January 27, 2013
Japan’s Currency War. Militarization and Monetary Policy By Peter Symonds, January 26, 2013
Obama’s New Appointments Prove that He Will Continue to “Lick Wall Street’s Boots” By Washington's Blog, January 26, 2013
Regulating Financial Markets under Obama II: Wall Street’s in Good Hands with Mary Jo White By Stephen Lendman, January 26, 2013
US Debt Ceiling Maneuvers Set the Stage for New Budget Cuts By Patrick Martin, January 25, 2013
The Derivative Bubble: Speculating on Food Prices, Banking on Famine By Michael Snyder, January 24, 2013
The Biggest Bubble In History: Fraud By Washington's Blog, January 24, 2013
Worldwide Recession: Forecast for Global Economic Growth. The Failures of Monetary Policy By Barry Grey, January 24, 2013
Gold and Geopolitics: US has Largest Gold Reserves, China is World’s Largest Producer of Gold By Prof Michel Chossudovsky, January 23, 2013
Libor Rigging and the Criminalization of Global Banking By Ramaa Vasudevan, January 23, 2013
Worldwide “Jobless Numbers”: Global Unemployment Hits Record High, Declining Living Standards By Kate Randall, January 23, 2013
Canada and the US: The Shameless Bailout of the Auto Industry By Leo Panitch and Prof. Sam Gindin, January 22, 2013
Banking Crisis on Wall Street: Wrist Slap for “Too Big to Fail or Jail” JPMorgan Chase By Tom Burghardt, January 21, 2013
Why Is Germany Demanding 300 Tons of Gold from the U.S. and 374 Tons from France? By Washington's Blog, January 21, 2013
The Democratization of Money: The Trillion Dollar Coin, Joke or Game-changer? By Ellen Brown, January 19, 2013
Global Economic Crisis: No End in Sight By Barry Grey, January 18, 2013
Worldwide Political and Financial Tensions, Spiralling Debt Crisis in America By Global Europe Anticipation Bulletin (GEAB), January 17, 2013
Global Economic Crisis: Europe Slides Deeper into Recession By Stefan Steinberg, January 17, 2013
The Crisis of World Capitalism: the Myth of Canadian Exceptionalism By Socialist Project, January 17, 2013
Currency Wars: Iran to Exclude Dollar, Euro from Foreign Transactions: Minister By Global Research News, January 17, 2013
Germany’s Bundesbank Repatriating Gold from the New York Federal Reserve By Global Research News, January 15, 2013
Debt and the Economic Crisis: Teachers’ Strikes and the Fight Against Austerity in Ontario By Global Research News, January 15, 2013
“The Debt Ceiling” and Obama’s Budget Cutting Agenda By Joseph Kishore, January 15, 2013
Obama’s Cabinet of Austerity and War By Patrick Martin, January 14, 2013
Wall Street Looting: Will JPMorgan Chase Be Held Accountable for Money Laundering “Lapses”? By Tom Burghardt, January 13, 2013
The “Qualified Mortgage” Rule: Housing Bubble on the Horizon By Mike Whitney, January 12, 2013
New Mortgage Rules Protect Banks at the Expense of American Households By Barry Grey, January 12, 2013
The History of the London Inter-Bank Offer Rate (Libor): Financial Fraud and Market Manipulation By Ramaa Vasudevan, January 11, 2013
Billionaires Gain as Living Standards Fall By Patrick Martin, January 11, 2013
U.S. Banks Win Mortgage Fraud Settlement, Borrowers Lose By Pratap Chatterjee, January 09, 2013
Raising Interest Rates? Canada’s Impending Household Debt Crisis By Global Research News, January 09, 2013
Home Foreclosures: Another Sweetheart Bank Settlement on Sub-Prime Mortgage Fraud By Andre Damon, January 09, 2013
“Fiscal Pain”: Austerity Drives Up European Unemployment to Record Levels By Stefan Steinberg, January 09, 2013
Financial Manipulation? Hedge Fund Operations Are Affecting the Gold Market By Mike Swanson, January 09, 2013
Washington’s Hegemonic Ambitions Are Not in Sync With Its Faltering Economy By Dr. Paul Craig Roberts, January 09, 2013
The U.S. and the Privatization of El Salvador By Eric Draitser, January 09, 2013
The World Economy 2013: Illusions and Reality By Nick Beams, January 08, 2013
Spain’s United Left Coalition against Neoliberalism and Economic Austerity By Dick Nichols, January 08, 2013
Surviving the Fiscal Cliff: America’s Middle Class Has Been “Saved”—Or Has It? By Danny Schechter, January 07, 2013
Following the “Fiscal Cliff” Agreement, Drastic Bi-partisan Spending Cuts By Patrick Martin, January 07, 2013
France Chooses the Path of Economic Austerity By Salim Lamrani, January 06, 2013
Stagnation and Recession in America: US Jobs Report Points to an “Economy Mired in Crisis” By Barry Grey, January 05, 2013
Political Football Over Disaster Relief: Another Argument for Public Banking By Ellen Brown, January 05, 2013
Institutionalized Inequality in America: Widening Gap Between Rich and Poor By Stephen Lendman, January 04, 2013
The Global Elite Are Hiding 18 Trillion Dollars In Offshore Banks By The Economic Collapse Blog, January 04, 2013
Latvia’s Economic Disaster Heralded as a Neoliberal “Success Story”: A Model for Europe and the US? By Jeffrey Sommers and Prof Michael Hudson, January 03, 2013
The American People are the Big Losers In The Cliff Deal By Washington's Blog, January 03, 2013
We Do not Need Giant Banks: Internet Technology Will Break Up Big Bank Monopoly? By Washington's Blog, January 02, 2013
Fiscal Cliff Over, Now the Attack on the People Begins By Kevin Zeese, January 02, 2013
What are the Benefits of Going Off “The Fiscal Cliff”? By Devon Douglas-Bowers, December 31, 2012
Responsible Fiscal Cliff Resolution By Stephen Lendman, December 31, 2012
Labour Unrest and a Slowing Economy in China: Unpaid Wages Spark Strikes By John Chan, December 30, 2012
The Secret Bailout of J. P. Morgan: How Insider Trading Looted Bear Stearns and the American Taxpayer By Ellen Brown, December 30, 2012
Obama’s Grand Charade: Say No to the Staged Dismantling of Medicare and Social Security By Margaret Flowers, December 27, 2012
The Fiscal Cliff, A Self-Created Bi-Partisan Drama. The Need to Mobilize Resistance By Kevin Zeese, December 27, 2012
It’s Not a “Fiscal Cliff” … It’s a Descent Into Lawlessness By Washington's Blog, December 26, 2012
The Lie that Prosecuting Bank Fraud Will Destabilize the Economy Is What Is REALLY Destroying the Economy By Washington's Blog, December 23, 2012
“Conspiracy Theories” vs. the Real World of Financial Crime: Bankers Face Prosecution For Conspiracy By Danny Schechter, December 23, 2012
“Christmas Present”: U.S. Senate Votes $631 Billion Military Budget By Global Research News, December 23, 2012
The Libor Swindle: Systematic Financial Rigging of the Benchmark Global Interest Rate By Andre Damon, December 22, 2012
Fiscal Cliff Reality By Stephen Lendman, December 22, 2012
Unemployment and Poverty in America: 75 Economic Numbers From 2012 that are Almost too Crazy to Believe… By The Economic Collapse Blog, December 21, 2012
Obama proposes Social Security Cuts By Patrick Martin, December 20, 2012
UBS Libor-rigging settlement exposes pervasive bank fraud By Andre Damon, December 20, 2012
Fiscal Cliff Doublespeak Duplicity By Stephen Lendman, December 19, 2012
Fiscal Cliff: Let’s Call Their Bluff! By Ellen Brown, December 19, 2012
The Mayan 2012 Prophecy: The Orwellian “End of the World” Doomsday is “Made in America” By Prof Michel Chossudovsky, December 19, 2012
Geopolitical Dislocation and Worldwide Economic Chaos: Profiling Euroland “After the Crisis” By Global Europe Anticipation Bulletin (GEAB), December 17, 2012
The Big Banks Are Criminal Enterprises By Washington's Blog, December 17, 2012
Growing Social and Wealth Inequality in America By Prof Rodrigue Tremblay, December 16, 2012
Corporate Tax Breaks and Job Creation in the U.S. By Ann Robertson and Bill Leumer, December 15, 2012
Destructive Macroeconomic Policy: When the “Fiscal Cliff” Hits An Iceberg… By Danny Schechter, December 15, 2012
2012 In Focus: Bankers’ Banquet, Economic Recession and the Social Crisis By Colin Todhunter, December 15, 2012
The Insufferable Human Drama of Evictions in Spain By Jérôme Roos, December 14, 2012
The Military Industrial Complex: A Capitalist System Running Amok By Rev. Richard Skaff, December 14, 2012
Deepening World Economic Crisis: US Federal Reserve expands “Quantitative Easing” By Andre Damon, December 14, 2012
Deepening Recession: Economic Austerity, Crisis and Resistance in Portugal By Mark Bergfeld, December 14, 2012
Poverty and Social Exclusion Rising in Greece By Leonidas Oikonomakis, December 13, 2012
Sweetheart Settlement for HSBC Bank on Drug Money Laundering Charges By Barry Grey, December 13, 2012
Quantitative Easing Benefits the Super Rich … And Harms The Little Guy and the American Economy By Washington's Blog, December 13, 2012