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.
A Path Is Sought for States to Escape Their Debt Burdens By Mary William Walsh, January 22, 2011
VIDEO: Will China’s Yuan Overtake US Dollar? By Andrew Gavin Marshall and Prof Michael Hudson, January 21, 2011
Fed Traders Buy Billions in U.S. Debt By Dr. Jerome Corsi, January 21, 2011
Bank Giant Goldman Sachs Rewards Staff with €11.4bn By Global Research, January 20, 2011
Financial Chaos and Debt Default in the European Union By Bob Chapman, January 19, 2011
The Systemic Global Economic Crisis: At the Crossroads of Three Roads of Global Chaos By GEAB, January 19, 2011
The Spectre Haunting Europe: Debt Defaults, Austerity, and Death of the “Social Europe” Model By Prof Michael Hudson and Jeffrey Sommers, January 18, 2011
Wall Street Celebrates Record Profits By Tom Eley, January 18, 2011
What Does WikiLeaks Have on Bank of America? By Mary Bottari, January 17, 2011
The Global Economic Slump: Dramatic Job Losses in all Major Regions of the World By Prof David McNally, January 14, 2011
Government Says No to Helping States and Main Street, While Continuing to Throw Trillions at the Giant Banks By Washington's Blog, January 14, 2011
Bonus Bonanza for UK’s Top Bankers By Robert Stevens, January 13, 2011
America’s Economic and Social Crisis: The Fed has Spoken: No Bailout for Main Street By Ellen Brown, January 13, 2011
Housing Slump Worse than the Great Depression By Washington's Blog, January 12, 2011
The Global Economic Crisis: Financial Fraud has Become Increasingly Pervasive By Bob Chapman, January 12, 2011
Will U.S. Labour Challenge Austerity? By Brian Tierney, January 12, 2011
Riots Shake Tunisia and Algeria By Alex Lantier, January 10, 2011
The Global Effects of the Economic Crisis: A European Strategy for the Left By Michel Husson, January 10, 2011
Spinning Unemployment Figures in a Collapsing Empire By Dr. Paul Craig Roberts, January 10, 2011
“The Greatest Recovery”: Economic Depression By Mark Provost, January 08, 2011
Financial Bubble Alert:: “Backdoor Bailouts” and The Creation of Bogus Money By Mike Whitney, January 07, 2011
Monetary Backlash: Not Just “Inflation Versus Deflation” By Washington's Blog, January 07, 2011
2010: Year of the Economic Crumble By Danny Schechter, January 06, 2011
VIDEO: Argentina, IMF and the New World Order By Prof Michel Chossudovsky, January 05, 2011
America’s “Money Time Bomb”: Quantitative Easing is Inflationary By Bob Chapman, January 05, 2011
Wall Street reinforcements for Obama White House By Patrick Martin, January 05, 2011
Pen Meets Paper: Opinion on the Financial Crisis By Helge Nome, January 04, 2011
Top Economic Stories of 2010: Quantitative Easing, Currency Wars, Economic Stagnation By LeftBanker, January 04, 2011
Portugal: The Prospect of a Full Bailout And More Austerity Looms in 2011 By LeftBanker, January 04, 2011
War Causes Inflation … By Washington's Blog, January 03, 2011
Michael Hudson: Average Stock Held for 22 Seconds and Average Foreign Currency Investment Held for 30 Seconds By Washington's Blog, January 03, 2011
The Next Financial Crisis is Not Far Off By Jayati Ghosh, January 01, 2011
Tunisia: IMF “Economic Medicine” has resulted in Mass Poverty and Unemployment By Prof. Basel Saleh, December 31, 2010
Is Gold – Or Fiat Currency – In a Bubble? By Washington's Blog, December 31, 2010
2011: The Municipal Meltdown. More than 100 US Cities Could Go Bust By Washington's Blog, December 30, 2010
Coup d’état – The Historical Framework of Globalization By Dr. James Polk, December 29, 2010
16 U.S. Cities Could Face Bankruptcy in 2011 By Global Research, December 29, 2010
The Double Dip In Housing is Almost Here… By Washington's Blog, December 29, 2010
Adding Fuel to the Financial Fire. Deepening Crisis. Bogus Economic Statistics Used as a Coverup By Bob Chapman, December 29, 2010
The Economic Crisis: Worse than the Great Depression? By Washington's Blog, December 29, 2010
Quantitative Easing 2: the Fed’s Window Dressing By Bud Conrad, December 27, 2010
Economic Crisis: Public Sector Unions and Canada’s Austerity Measures By Jordy Cummings and Patrick D. LeGay, December 27, 2010
New York suit charges Lehman auditor Ernst & Young with collusion in fraud By Barry Grey, December 25, 2010
Economics Is Simple … The Fat Cats Just Want You to Think It’s Complicated So That You Won’t Demand Change By Washington's Blog, December 23, 2010
War and the Global Economic Crisis: Blame America’s War Economy rather than China By Paul Kellogg, December 23, 2010
Austerity Fails in Euroland: Time for Some Deficit Easing? By Ellen Brown, December 22, 2010
European Monetary Union: Muddling Through, Falling Apart, Going Where? By Ingo Schmidt, December 21, 2010
Financial Fraud: Madoff lawsuits charge JPMorgan and HSBC with complicity in Ponzi scheme By Andre Damon, December 19, 2010
“Shadow Lending” and the Financial Crisis By Bob Chapman, December 18, 2010
From Bush to Obama – America’s Fiscal Collapse By Prof Michel Chossudovsky, December 18, 2010
Central Banking 101: What the Fed Can do as “Lender of Last Resort” By Ellen Brown, December 17, 2010
Financial Shocks in Europe and America: Explosion of the Western Public Debt Bubble By Global Europe Anticipation Bulletin, December 17, 2010
Reagan’s OMB Director: Bush Tax Cuts “The Biggest Fiscal Mistake in History” Extending Them Won’t Stimulate the Economy By Washington's Blog, December 16, 2010
The Resurgence of Nationalism in the European Union By Stefan Steinberg, December 15, 2010
The Illusion of Economic Recovery in America By Mark Provost, December 15, 2010
Economic Crisis in America: Mounting Household Debts, Threat to Pension Funds and Social Security By Bob Chapman, December 15, 2010
Doomsday for the US Dollar: Post Mortem for the World’s “Reserve Currency” By Mike Whitney, December 14, 2010
Prosecuting Wall Street Fraud: The US Economy is A Giant Ponzi Scheme By Washington's Blog, December 14, 2010
A Secretive Banking Elite Rules Trading in Derivatives By Louise Story, December 13, 2010
The Economy Cannot Recover Until the Big Banks Are Broken Up By Washington's Blog, December 12, 2010
Obama’s Tax Windfall for the Rich By Tom Eley, December 11, 2010
Crisis of the European Monetary System: The Euro Zone is on the Edge of Collapse By Bob Chapman, December 11, 2010
The Crisis of Capitalism and the New Great Depression By Prof. James Petras, December 09, 2010
Targeting Small-Time Crooks: Department of Justice “Crackdown” On Wall Street Is a P.R. Stunt By Washington's Blog, December 09, 2010
Rising Inequality in America: Go, Wall Street, Go! Never mind the rise in unemployment and foreclosures… By Danny Schechter, December 09, 2010
No Economic Exit Strategy: Only the Speculators on Wall Street are having a Good Time… By Bob Chapman, December 08, 2010
Chossudovsky & Marshall: The Global Economic Crisis. The Great Depression of the XXI Century By John Kozy, December 07, 2010
VIDEO: This Economy’s Winners and Losers By Sen. Bernie Sanders, December 07, 2010
From Bad To Worse: The Economy Today And Tomorrow By Giordano Bruno, December 07, 2010
Farewell to the EU Superstate By Mike Whitney, December 07, 2010
How to Create Employment and Stimulate the Economy? Obama’s Tax Deal is not the Answer By Washington's Blog, December 07, 2010
Wall Street’s Pentagon Papers: Biggest Financial Scam In World History By David DeGraw, December 06, 2010
J.P. Morgan Getting Squeezed In Silver Market? By Scott Rubin, December 06, 2010
No Economic Recovery in Sight: Seven Reasons Why Global Capitalism Can’t Recover Anytime Soon By Shamus Cooke, December 06, 2010
Fed report lifts lid on Great Bank Heist of 2008-2009 By Barry Grey, December 05, 2010
The Socialist Alternative: Real Human Development By Federico Fuentes, December 05, 2010
Thousands Protest Irish Nightmare Economy By Leo Panitch, December 05, 2010
The Beginning of the End of the American Empire By Tanya Cariina Hsu, December 04, 2010
The Fed Operates as a “global pawnshop”: $9 trillion in short-term loans to 18 financial institutions By mybudget360.com, December 04, 2010
Massive Monetization: The Failure of the International Financial System By Bob Chapman, December 04, 2010