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.
“Outlaw the Shadow Banking System!” By Matthias Chang, March 07, 2009
High-Level Fed Officials Slam Government Response to Crisis By Global Research, March 06, 2009
East Africa seeking ways to avoid further shocks By Global Research, March 06, 2009
Bank of England Ignites Quantitative Inflation By Nadeem Walayat, March 06, 2009
Where has the Money Gone: Collateral lists central to understanding government’s response to financial crisis By Global Research, March 05, 2009
Financial Scam? Pressure to reveal major AIG counterparties grows By Alistair Barr and Greg Robb, March 05, 2009
How Tinkering with Inflation Measurements May Have Led to the Current Financial Crisis By Prof Rodrigue Tremblay, March 05, 2009
Europe: Prison of Nations By Eric Walberg, March 04, 2009
UNESCO study warns of extreme financial crisis impact on Africa By Global Research, March 04, 2009
Vatican Perspective: The Global Financial Crisis. Papal Encyclical Coming By Robert Moynihan, March 03, 2009
The Big Lie of Recession Politics: ‘Shared Sacrifice’ By Shamus Cooke, March 03, 2009
Playing the Banking Game By Ellen Brown, March 03, 2009
Memo To Obama: Nationalize the Banks; End the wars of aggression; Fire Your Advisors. By Eric Sommer, March 03, 2009
A New Start with the 2009 World Social Forum By Pauline Imbach, March 02, 2009
Systemic Failure: Capitalism “Lays An Egg” By Stephen Lendman, March 02, 2009
America’s Fiscal Collapse By Prof Michel Chossudovsky, March 02, 2009
“The Last Picture Show”: Obama’s Fiscal Year 2010 Budget By Richard C. Cook, March 02, 2009
Who will Rescue Us as Our Economy Stays in Free Fall? By Danny Schechter, March 01, 2009
A planet at the brink? By Michael T. Klare, March 01, 2009
Obama budget projects record deficits and borrowing By Patrick Martin, February 28, 2009
Obama’s open-ended bailout of the banks By Barry Grey, February 28, 2009
The U.S. Economy: Designed to Fail By Richard C. Cook, February 28, 2009
The “Great Financial Crisis”: A whole new kind of struggle is emerging By Mike Whitney, February 27, 2009
From Global Finance to the Nationalization of the Banks: Eight Theses on the Economic Crisis By Leo Panitch and Prof. Sam Gindin, February 25, 2009
The “Geithner Put”: It’s time to break up the big banks By Mike Whitney, February 25, 2009
Recipe for Disaster: The Formula That Killed Wall Street By Felix Salmon, February 25, 2009
Hillary Clinton presses China to keep buying US debt By Bill Van Auken, February 25, 2009
Obama’s economic agenda: a timely review By Richard K. Moore, February 24, 2009
Britain faces summer of rage – police By Paul Lewis, February 24, 2009
Orwellian Doublethink: “Nationalize the banks.” “Free Markets.” By Prof Michael Hudson, February 23, 2009
Dispatches from the Front Lines of the Economic Crisis By Stephen Lendman, February 22, 2009
Models and Pseudo-models: Economists’ Artifice By John Kozy, February 22, 2009
Obama Has Plan to Slash Deficit, Despite Stimulus Bill By Global Research, February 22, 2009
Economic Crisis; How the Current Financial Rescue Schemes are Following the Failed Model of the Hoover Administration By Prof. Ismael Hossein-Zadeh, February 21, 2009
Monetize This!: Resolving a Spiraling Public Debt Crisis By Ellen Brown, February 21, 2009
Economic Crisis: Brzezinski warns of riots in US By Global Research, February 21, 2009
GM shares hit 74-year low By Global Research, February 21, 2009
An Impending Geopolitical Earthquake? By José Miguel Alonso Trabanco, February 21, 2009
The New Currency Trade: Gold Vs. All Else By David Gaffen, February 20, 2009
The CIA Beyond Redemption and Should be Terminated By Sherwood Ross, February 20, 2009
Is Madoff the tip of a money laundering pyramid in Israel? By Wayne Madsen, February 20, 2009
A Simple Solution to the States’ Budget Crises By Shamus Cooke, February 19, 2009
The Looming Collapse of European Banking By Gary North, February 19, 2009
Secret EU Document: European bank bail-out could push EU into crisis By Bruno Waterfield, February 19, 2009
European banks’ toxic debts risk overwhelming EU governments By Ambrose Evans-Pritchard and Bruno Waterfield, February 19, 2009
Trouble at Treasury: Geithner gets the keys to the henhouse By Mike Whitney, February 19, 2009
Financial Crisis. Obama: Learn from Lincoln and do the Right Thing By Danny Schechter, February 19, 2009
Barack Obama Administration Continues US Military Global Dominance By Peter Phillips, February 19, 2009
Sovereign credit AAA ratings: Moodys is playing games By Global Research, February 19, 2009
Record slump in Japan: a sign of deepening global recession By Peter Symonds, February 18, 2009
Reform the Monetary System By Mike Whitney, February 18, 2009
Next Wave of Banking Crisis to come from Eastern Europe By F. William Engdahl, February 18, 2009
Collapse of the US dollar: Global systemic crisis. The phase of global geopolitical dislocation By GEAB, February 17, 2009
UK Recession Watch- Britain’s Great Depression? By Nadeem Walayat, February 17, 2009
Finance Capitalism Hits a Wall By Prof Michael Hudson, February 17, 2009
Financial Crisis: Toxic Plans for Toxic Assets By Stephen Lendman, February 16, 2009
The 2008 World Economic Crisis: Global Shifts and Faultlines By Bulent Gokay, February 15, 2009
Europe turns to protectionism as industry plummets By Ulrich Rippert, February 15, 2009
“The Mortgage Equity-Equalization Program” ; End Foreclosures. Empower Individual Homeowners By Global Research, February 14, 2009
Russia, Turkey declare new era with ‘strategic’ document By Global Research, February 14, 2009
Asia’s export economies in free fall By John Chan, February 14, 2009
Geithner’s Debut: “Not Ready for Prime Time” By Mike Whitney, February 14, 2009
Financial Meltdown: The TARP Dog and Pony Show By Dean Baker, February 13, 2009
US jobless benefit rolls hit record high By Barry Grey, February 13, 2009
Wells Fargo is technically insolvent By Global Research, February 12, 2009
Treasury Secretary Geithner’s new plan: Wiping out the shareholders? By Global Research, February 12, 2009
Financial Crisis: A Short History of US Government Handouts By Stephen Lendman, February 12, 2009
South Africa Finance Minister Warns of Great Depression By Michael Appel, February 12, 2009
Obama, like Bush, is Throwing Public Money into a Black Hole By Prof Rodrigue Tremblay, February 12, 2009
Obama’s Bank Bailout: Bush’s Plan Resurrected By Shamus Cooke, February 11, 2009
Bubble Economy 2.0: The Financial Recovery Plan from Hell By Prof Michael Hudson, February 11, 2009
Obama administration announces plan to expand government bailout of the banks By Barry Grey, February 11, 2009
Catastrophic Fall in 2009 Global Food Production By Eric deCarbonnel, February 10, 2009
Millions of job losses threaten to trigger social unrest in China By Carol Divjak, February 10, 2009
Bank of England to issue grimmest warning yet on economy By Heather Stewart, February 09, 2009
US hires advisers, Rothschild firm, on auto restructuring By Jui Chakravorty and David Bailey, February 08, 2009
Sub-Saharan Africa and IMF to discuss financial crisis impact By Global Research, February 08, 2009
The American ruling class By Tom Eley, February 08, 2009
Stiglitz: Turkey should avoid an IMF deal if conditions are not suitable By Global Research, February 08, 2009
Hacking the Stimulus By Danny Schechter, February 07, 2009