Global Economy

“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.
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.
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.
Surge in Housing Supply Will Drive Down Prices By Mike Whitney, September 16, 2010
Follow the Dirty Money By Robert Mazur, September 15, 2010
Now Comes a Topper: Obama’s Newest Giveaway to the Banks By Prof Michael Hudson, September 14, 2010
Obama Press Conference on the Economy: An Exercise in Demagogy and Lies By Barry Grey, September 14, 2010
Crisis in the United Kingdom: British Economy on the Edge By Danny Schechter, September 14, 2010
Wall Street’s Mercenaries Ride Donkeys By David Swanson, September 13, 2010
Save the Banks and Kill the Economy By Prof Rodrigue Tremblay, September 12, 2010
US Bank Profits Back to Pre-Crisis Heights By Barry Grey, September 11, 2010
Economic Fault Lines Deepen in Europe By Stefan Steinberg, September 11, 2010
The US monetary system is in serious trouble: It is not Incompetence, it is Policy Manipulation By Bob Chapman, September 11, 2010
Corporate Welfare: Obama Unveils Pro-Business “Jobs” Plan By Tom Eley, September 10, 2010
The Spectre of Barbarism and its Alternative By Prof. Michael A. Lebowitz, September 10, 2010
US Ruling Class Prepares Attack on Social Security By Tom Eley, September 09, 2010
A Solution to the Federal Debt Crisis? Time for Helicopter Ben to Drop Some Money on Mainstream By Ellen Brown, September 09, 2010
Bankers, Bookies, and Gamblers By David Korten, September 08, 2010
Bank Robbery on Wall Street: The Gangsters versus The Banksters By Danny Schechter, September 07, 2010
Labour Day 2010: Austerity, Public Services and the Labour Movement By Prof. Greg Albo and Prof. Bryan Evans, September 06, 2010
Will Americans Pay to Bailout Yet Another Foreign Bank … in Afghanistan? By Washington's Blog, September 05, 2010
Quantitative Easing (QE2). Debt Created Out of Thin Air: The Crisis in Banking Has Worsened By Bob Chapman, September 04, 2010
Bailing out the Fraudsters instead of Saving America’s Economic Base By Prof Michael Hudson, September 03, 2010
The Fed’s Liquidity Trap: The American and world economies are in a deliberate state of slow collapse By Bob Chapman, September 01, 2010
Death By Globalism: Economists haven’t a Clue By Dr. Paul Craig Roberts, August 31, 2010
Global Collapse of the Fiat Money System: Too Big To Fail Global Banks Will Collapse Between Now and First Quarter 2011 By Matthias Chang, August 31, 2010
Financial Backlash: “Quantitative Easing” Will Trigger Another Wave of Mergers and Acquisitions By Washington's Blog, August 31, 2010
Media Complicity in Financial Crimes By Danny Schechter, August 30, 2010
Economic Black Hole: 20 Reasons Why The U.S. Economy Is Dying And Is Simply Not Going To Recover. By Global Research, August 30, 2010
War and The Economic Crisis: Mullen: “Debt is Main Threat to U.S. National Security … Pentagon Must Cut Spending” By Washington's Blog, August 29, 2010
Grim Economic Realities: GDP Report Confirms Worst Economic Crisis since the Great Depression By Barry Grey, August 28, 2010
“Monetary Shock and Awe”: The Fed Prepared to Launch Most Radical Intervention in History By Mike Whitney, August 28, 2010
Fiscal Debt and Monetization are taking the Financial System Down: The Biggest Losses will be in the Bond Market By Bob Chapman, August 28, 2010
Why Are Home Sales Plummeting in America? Huge Waves of Foreclosures Coming down the Pike By Washington's Blog, August 27, 2010
Record drop in US home sales By Barry Grey, August 25, 2010
Oil Prices Spiral Downwards as Economic Gloom Intensifies By Darrell Delamaide, August 23, 2010
Eight Banks Fail in Four States By Philip van Doorn, August 23, 2010
Obama’s Delusions: The Economy and Iraq By Shamus Cooke, August 22, 2010
VIDEO: Greg Palast Confronts WTO Director-General By Global Research, August 20, 2010
Deceptive Economic Statistics: While Economists Lied the US Economy Died… By Dr. Paul Craig Roberts, August 19, 2010
Accountability and Transparency in the World of Big Money: Banks too Big to Fail and too Big to Jail By Danny Schechter, August 18, 2010
VIDEO: Could China Already Be World’s Largest Economy? By Prof Michel Chossudovsky, August 18, 2010
Review: The Global Economic Crisis: The Great Depression of the XXI Century By Kéllia Ramares, August 16, 2010
The Ecstasy of Empire: How Close Is America’s Demise? By Dr. Paul Craig Roberts, August 16, 2010
America’s biggest — and only major — jobs program is the U.S. military By Robert Reich, August 16, 2010
Economic Crisis. What Crisis? Profits Soar! By Prof. James Petras, August 15, 2010
Foreclosures and Mounting Unemployment: Signs of Slowdown in US Economy By Barry Grey, August 14, 2010
“Financial Party” on Wall Street, Like It’s 1929 By Mike Whitney, August 13, 2010
Countdown to Financial Collapse: The Economic Recovery is Not Recovering By Danny Schechter, August 13, 2010
“Unregulated Greed has Destroyed the Capitalist System”: The Big Things That Matter And The Little Things That Annoy By Dr. Paul Craig Roberts, August 12, 2010
No Recovery in Sight: 40 Statistics which Confirm the Collapse of the U.S. Economy By Global Research, August 12, 2010
The Illusion of Economic Recovery: The Fed Creates Money Out of Thin Air By Bob Chapman, August 11, 2010
Obama Economic Team Bails as System Fails By Danny Schechter, August 08, 2010
Instability on the World’s Financial Markets: Personal and Corporate Bankruptcies are Roaring with no End in Sight By Bob Chapman, August 07, 2010
Escaping the Sovereign Debt Trap: The Remarkable Model of the Commonwealth Bank of Australia By Ellen Brown, August 05, 2010
Capitalist Crisis, Radical Renewal? By Sasha Lilley, August 04, 2010
Linguistic Nonsense and Liberal Economics By John Kozy, August 04, 2010
IMF: Trapping Countries into Debt By Zoltan Zigedy, August 04, 2010
VIDEO: Economics 101: Drugs and the Economy By Prof Peter Dale Scott, August 03, 2010
China Calls Our Bluff: The U.S. is Insolvent and Faces Bankruptcy as a Pure Debtor Nation By Washington's Blog, August 03, 2010
The North American Free Trade Agreement (NAFTA) Resulted in Increasing Unemployment in the U.S. By Mark Vorpahl, August 03, 2010
When Globalism Runs Its Course … By Dr. Paul Craig Roberts, August 03, 2010
Timeline of Financial Collapse on Wall Street By Danny Schechter, August 03, 2010
Whither the “Economic Agenda”: Unemployment is Worse Than We Know, Recovery Challenge Harder Than We Think By Danny Schechter, August 02, 2010
US Treasury Running on Fumes: The Obama regime has made War the Business of America By Dr. Paul Craig Roberts, August 02, 2010
Decade of Declining Home Prices Ahead By Mike Whitney, August 02, 2010
Debt is devouring Sovereign Nations. In the US, the Deficit is being Funded and Monetized by the Fed By Bob Chapman, August 01, 2010
Free Trade Does Not Work By John B. Cobb, Jr., July 31, 2010
BOOK LAUNCH: The Global Economic Crisis: The Great Depression of the XXI Century By Prof Michel Chossudovsky and Andrew Gavin Marshall, July 30, 2010
Bond Yields Plunge, Confidence Wanes, and the Financial Crisis Continues By Mike Whitney, July 30, 2010
End Middle East War to Spur US Economy By Sherwood Ross, July 30, 2010
A Decade of Declining Home Prices Ahead By Mike Whitney, July 28, 2010
The US Treasury Running on Fumes: The Obama regime has made War the Business of America By Dr. Paul Craig Roberts, July 28, 2010
The North American Free Trade Agreement (NAFTA) has resulted in increased Unemployment in the U.S. By Mark Vorpahl, July 27, 2010
Whither the “Economic Agenda”: Unemployment is Worse Than We Know, The Recovery Challenge Harder Than We Think By Danny Schechter, July 27, 2010
China Calls Our Bluff: The US is Insolvent and Faces Bankruptcy as a Pure Debtor Nation By Washington's Blog, July 25, 2010
Why the U.S. Need Not Fear a Sovereign Debt Crisis: Unlike Greece, It Is Actually Sovereign By Ellen Brown, July 24, 2010
An Honest Look at Obama’s First Year By David Swanson, July 24, 2010
Obama signs the financial reform bill: Towards a new volatile phase of economic disruptions? By Danny Schechter, July 23, 2010
US jobless claims, housing data point to worsening economy By Barry Grey, July 23, 2010
Cutting the Budget Deficit Undermines Social Security and Medicare, Depresses Purchasing Power By Kevin Zeese, July 22, 2010
No Wonder the Outlook for the Economy is “Unusually Uncertain” … the Fed is Killing It By Washington's Blog, July 22, 2010
Stage Two of Europe’s Credit Crisis: An Internal Bank and Sovereign Debt Crisis Combined By Bob Chapman, July 20, 2010