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.
World Depression: Regional Wars and the Decline of the US Empire By Prof. James Petras, March 30, 2009
Geithner’s ‘Dirty Little Secret’: The Entire Global Financial System is at Risk By F. William Engdahl, March 30, 2009
Freeze the 1.5 Quadrillion Derivatives Bubble as a First Step Towards World Economic Recovery By Actindependent.org, March 29, 2009
Thinking Positively on Monetary Policy By Ellen Brown, March 29, 2009
Economic Crisis Slams Canada By Roger Annis, March 29, 2009
Economic Meltdown: The “Dollar Glut” is What Finances America’s Global Military Build-up By Prof Michael Hudson, March 29, 2009
US backing for world currency stuns markets By Ambrose Evans-Pritchard, March 29, 2009
Obama holds “very pleasant” meeting with top US bankers By Joe Kishore, March 28, 2009
Geithner’s Hog-wallow: the US Treasury’s Cash Giveaway Bonanza By Mike Whitney, March 28, 2009
VIDEO: The Solution to the Economic Crisis. Credit as a Public Utility: By Richard C. Cook, March 28, 2009
How the Scam Works: The “Free Market” at Work, Financial Style By Prof Michael Hudson, March 28, 2009
Financial Crime in America By Danny Schechter, March 28, 2009
Obama’s Latest No Banker Left Behind Scheme By Stephen Lendman, March 27, 2009
The Bourbons of Global Finance By Prof Howard Stein and Prof Claudia Kedar, March 27, 2009
The Dance of the Trillions to Shore up Banks, Bankers, and Gamblers By Prof Rodrigue Tremblay, March 26, 2009
Bad loans out of the financial system? By Mike Madden, March 26, 2009
Wall Street celebrates government windfall for banks and big investors By Barry Grey, March 26, 2009
Global investors ponder implications of US dollar collapse By Alex Lantier, March 26, 2009
Total Meltdown and Civil Unrest By Matthias Chang, March 26, 2009
The US Trasury Public-Private Banker’s Bonanza By Mike Whitney, March 25, 2009
IMF director warns of war By Joe Kishore, March 25, 2009
London G20 Summit: Last chance before global geopolitical dislocation By Franck Biancheri, March 24, 2009
Chinese central bank backs Russian idea for new reserve currency By Global Research, March 24, 2009
Simmering Public Fury regarding the Bank Bailout: Judgment Day for Geithner By Mike Whitney, March 24, 2009
It’s Time for a New Monetary System By Richard C. Cook, March 23, 2009
Timothy Geithner’s toxic plan By Dean Baker, March 23, 2009
Obama administration plan for “toxic assets”: A windfall for Wall Street By Barry Grey, March 23, 2009
USA has Two Options to Save its Economy: Declare Default or Trigger a War By Ekaterina Yevstigneyeva, March 22, 2009
China Offers No Fix for Global Slump By John Chan, March 22, 2009
“Down the Memory Hole,” Alan Greenspan Style By Stephen Lendman, March 22, 2009
The Fed Did Indeed Cause the Housing Bubble By Catherine Austin Fitts, March 22, 2009
Why Obama Backed Down Against AIG By Shamus Cooke, March 22, 2009
AIG is a Legal Money-laundering Ring By Debbie Morgan, March 21, 2009
Forget AIG Bonuses–The Next Bailout is Here By Ruth Conniff, March 20, 2009
An Alternative Program for Economic Recovery By Dr. Jack Rasmus, March 20, 2009
Was the Bailout Itself a Scam? By Dr. Paul Craig Roberts, March 20, 2009
US Federal Reserve announces massive increase in government debt By Barry Grey, March 20, 2009
U.N. panel says world should ditch dollar By Global Research, March 19, 2009
Bankers to the rescue By Alfred Mendes, March 19, 2009
The Crisis Will Be Profound and Prolonged By João Pedro Stedile, March 18, 2009
At G20, Kremlin to Pitch New Currency By Global Research, March 18, 2009
The Geithner-Summers-Bernanke Plan to Prop Up Asset Prices Has Failed By Global Research, March 18, 2009
The Irrelevance of Economists By John Kozy, March 18, 2009
The Real AIG Scandal. It’s not the bonuses. It’s that AIG’s counterparties are getting paid back in full By Former New York Governor Eliot Spitzer, March 18, 2009
U.S. Injecting Billions Into Foreign Central Banks By Global Research, March 18, 2009
“Getting Tough” with Predator Financial Institutions By F. William Engdahl, March 18, 2009
The Real AIG Conspiracy By Prof Michael Hudson, March 18, 2009
Wall Street’s and the City’s Attempt to Destabilize the EU Banking System and the Euro By GEAB, March 17, 2009
Bernanke’s Witness Protection Program By Mike Whitney, March 17, 2009
Jon Stewart’s Epiphany: Has a Comedian Just Saved America? By Pam Martens, March 16, 2009
The Size of the Derivatives Bubble = $190K Per Person on Planet By DK Matai, March 16, 2009
Mammoth Financial Losses: Credit Default Swaps – Exercises in Surrealism By Satyajit Das, March 16, 2009
Dollar Crisis In The Making By W Joseph Stroupe, March 16, 2009
The India-EU Free Trade Agreement: Should India Open Up Its Banking Sector? By Kavaljit Singh, March 16, 2009
The Financial Sector: “A House Burning Down” By Prof Michael Hudson, March 16, 2009
Monetary and Fiscal Failure, Fraud, and Fear of What’s Next By Stephen Lendman, March 16, 2009
Moody’s AAA Ratings: What Impacts on the Financial Crisis? By Global Research, March 15, 2009
Stealth Bull Market Follows Stocks Bear Market By Nadeem Walayat, March 15, 2009
Obama at the Business Roundtable By Tom Eley, March 15, 2009
Russia welcomes Kazakh proposal for electronic single currency By Global Research, March 15, 2009
“Where’s My Million Dollars?” America’s “Prize Promotion” Scams By Sherwood Ross, March 15, 2009
Financial Crisis: UN crime chief says drug money flowed into banks By Global Research, March 15, 2009
Northern Ireland: Anxiety over “peace process” following shootings of soldiers, police officer By Julie Hyland, March 13, 2009
China Finally Diversifying Out of the Dollar? By Global Research, March 13, 2009
Bottom Feeders at the Trough: Bailing Out America’s Most Corrupt Capitalists By Sharon Smith, March 12, 2009
Financial Meltdown: Haircut Time for Bondholders By Mike Whitney, March 12, 2009
Billions for AIG to Protect the Speculative Profits of Goldman Sachs/Morgan Stanley By Raymond J. Learsy, March 12, 2009
AUDIO “America’s Fiscal Collapse – Obama’s Budget Will Impoverish America” By Bonnie Faulkner, March 12, 2009
Grasping A Trillion Dollars By Debbie Morgan, March 11, 2009
Financial Meltdown: The Doublespeak of a Discredited IMF By Eric Toussaint and Damien Millet, March 11, 2009
Bank Debt Stressed at Bear Stearns, Lehman Peaks: By Global Research, March 11, 2009
The Federal Reserve is Bankrupt By Matthias Chang, March 10, 2009
Morgan Stanley predicts economic collapse worse than depression By Global Research, March 10, 2009
Debt Relief and Regulation By Mike Whitney, March 09, 2009
Plunging assets cost $50,000 billlion By Global Research, March 09, 2009
The Upcoming Political Crisis in Washington By David Gordian, March 09, 2009
Civil Unrest in America? By José Miguel Alonso Trabanco, March 09, 2009
Kiss the Banks Goodbye By David Lindorff, March 09, 2009
Barack Obama’s Economic Recovery Plan. By Workers Emergency Recovery Campaign, March 08, 2009
‘Run on UK’ sees foreign investors pull $1 trillion out of the City By Global Research, March 07, 2009