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.
Bailout bill slapped aside; record stock plunge By Global Research, September 29, 2008
Third World: Is another Debt Crisis in the Offing? By Eric Toussaint, September 29, 2008
Palestinian Economy: From Bad to Wretched By Ramzy Baroud, September 29, 2008
Grand Theft America. By Stephen Lendman, September 29, 2008
No Bailout for Wall Street Billionaires By Prof. James Petras, September 28, 2008
Financial Bailout: Thanks but No Thanks By Ellen Brown, September 28, 2008
Tragedy in the Making in Washington and on Wall Street: The Canadian Solution By Prof Rodrigue Tremblay, September 28, 2008
Trouble in Banktopia: The financial system is blowing up By Mike Whitney, September 28, 2008
Financial Meltdown: The Financial Edifice of U.S. Imperialism is in Danger of Crumbling By Raymond Lotta, September 24, 2008
Thinking the Unthinkable: A Debt Write Down, and Jubilee Year Clean Slate By Prof Michael Hudson, September 24, 2008
The Bush Administration’s Banking Rescue Plan By Prof Rodrigue Tremblay, September 23, 2008
“Mortgage Fraud”: The Paulson Bail-Out Plan By Richard C. Cook, September 23, 2008
Ten Things You Should Know About Bush’s Trillion Dollar Fleecing Plan By Alternet, September 23, 2008
Financial Fraud: Mr. Paulson and the New Yazoo Land Scandal By Prof Michael Hudson, September 23, 2008
Mushroom Cloud over Wall Street By Mike Whitney, September 23, 2008
Why a World Food Crisis? By Damien Millet and Eric Toussaint, September 23, 2008
Serbia: Realization of Energy Deal with Russia to start in two months By Global Research, September 22, 2008
Upholding the Horrendous Business Practices of US Financial Institutions: “Thank You, Ladies and Gentlemen” By Richard C. Cook, September 22, 2008
We Can Stop Paulson’s Plunder By David Swanson, September 22, 2008
The Paulson-Bernanke Bank Bailout: Will the Cure be Worse than the Disease? By Prof Michael Hudson, September 22, 2008
Our Financial 9/11: Can They Save the System? By Danny Schechter, September 21, 2008
Financial Bailout: America’s Own Kleptocracy By Prof Michael Hudson, September 20, 2008
Does the Economic Meltdown need a New War? By Rev. Richard Skaff, September 20, 2008
Financial System at the Brink of Collapse: The Point of No Return By Mike Whitney, September 20, 2008
FDIC Running out of Cash: No Bank is Safe in this Alarming Atmosphere By Global Research, September 19, 2008
Impacts of the Financial Crisis: The U.S. Is Becoming an Impoverished Nation By Richard C. Cook, September 19, 2008
Global Financial Meltdown By Prof Michel Chossudovsky, September 18, 2008
It’s the Derivatives, Stupid! Why Fannie, Freddie, AIG had to be Bailed Out By Ellen Brown, September 18, 2008
“Plunder: Investigating Our Economic Calamity and the Subprime Scandal” By Stephen Lendman, September 18, 2008
Global Finance Capitalism is “Functionally Bankrupt”: Could An American Nationalist Party Make a Difference? By Richard C. Cook, September 17, 2008
The U.S. Financial System in Serious Trouble By Prof Rodrigue Tremblay, September 16, 2008
Subprime Mortgage Meltdown: Paulson’s Quick Draw By Peter Schiff, September 15, 2008
Capital Punishment: Lehman on its way to the Financial Gallows? By Mike Whitney, September 15, 2008
Privatising Land in Timor Leste By Prof. Tim Anderson, September 15, 2008
As Lehman Faces Liquidation, Another One Bites The Dust By Danny Schechter, September 15, 2008
Has the West Reached Its Limits? By Richard C. Cook, September 14, 2008
China’s Rise in the World Economy and the Erosion of U.S. Hegemony By Raymond Lotta, September 12, 2008
The Home Mortgage Meltdown: The Real Reasons for the Fannie Mae/Freddie Mac Takeover By Richard C. Cook, September 11, 2008
Iran to develop Caspian Sea oil reserves with India, China By Global Research, September 11, 2008
The Worsening Debt Crisis By Mike Whitney, September 09, 2008
Nationalization of Fannie and Freddie: Most radical regime change in global economic and financial affairs in decades By Nouriel Roubini, September 09, 2008
Empire and Imperialism and the USA By Prof. James Petras, September 08, 2008
“Renegotiate NAFTA”: What’s lurking behind the TRADE Act? By Shamus Cooke, September 06, 2008
US jobless rate soars as foreclosures break new record By Bill Van Auken, September 06, 2008
America’s Mortgage Crisis: Bailout or “Nationalization” of the Mortgage Giants? By Ellen Brown, September 05, 2008
China Dumps US Dollar Denominated Debt: Bank of China flees Fannie-Freddie By Global Research, August 29, 2008
How the Chicago Boys Wrecked the Economy By Mike Whitney, August 29, 2008
Revolution in the high street By William Bowles, August 28, 2008
Money and Politics in America By Richard C. Cook, August 27, 2008
US Monetary Crisis: The Crunch Time. Set the Crash-alert Flags at Half-mast By Mike Whitney, August 23, 2008
The Myth of the Tragedy of the Commons By Ian Angus, August 22, 2008
Bank collapse ahead: The worst of the global financial crisis is yet to come By Jan Dahinten, August 20, 2008
Reflections on Twenty-First Century Socialism By Prof. James Petras, August 18, 2008
Wag the Dog: How to Conceal Massive Economic Collapse By Ellen Brown, August 14, 2008
US Mortgage Crisis: Fannie and Freddie. Give Away the Farm By Ellen Brown, August 07, 2008
World Economy and Great Power Rivalry: The Challenge to U.S. Global Dominance By Raymond Lotta, August 05, 2008
A Shock to the Collective Psyche: Bad News and Bank Runs By Mike Whitney, August 03, 2008
Inflation and the New World Order By Richard C. Cook, August 03, 2008
Wall Street to privatize US infrastructure By Global Research, August 03, 2008
Deutsche Bank Writedowns Exceed $11 Billion By Global Research, August 02, 2008
The Real State of the US Economy By F. William Engdahl, August 02, 2008
The U.S. Economy and Bad Government Policies By Prof Rodrigue Tremblay, August 01, 2008
Will the Fall of an Aussie Bank Rock Wall Street? Apocalypse Down Under By Mike Whitney, July 30, 2008
Mugabe’s Biggest Sin By F. William Engdahl, July 30, 2008
America’s house price time bomb By Global Research, July 29, 2008
Putting the “Federal” Back in the Federal Reserve By Ellen Brown, July 25, 2008
GM, Ford `On the Verge of Bankruptcy,’ By Global Research, July 23, 2008
The abuses of the Federal Reserve System By Richard C. Cook, July 22, 2008
“Measure of America” report documents social decay of the United States By Patrick Martin, July 20, 2008
AUDIO: “Iran: All Out War or Economic Conquest” By Prof Michel Chossudovsky, July 19, 2008
Status Report on the Collapse of the U.S. Economy By Richard C. Cook, July 16, 2008
The Financial Tsunami: The Next Big Wave is Breaking Fannie Mae, Freddie Mac and US Mortgage Debt By F. William Engdahl, July 15, 2008
Let the Lawsuits Begin: Banks Brace for a Storm of Litigation By Ellen Brown, July 13, 2008
Unfolding Financial Meltdown: Sorry, But Just the Facts By Doug Noland, July 12, 2008
World Bank Secret Report confirms Biofuel Cause of World Food Crisis By F. William Engdahl, July 10, 2008
Long-term unemployment in the US climbs 37 percent in one year By Andre Damon, July 08, 2008
Bush Iraq Oil Policy: “Crony Capitalism” at its Worst By Sherwood Ross, July 05, 2008
The End of the Anglo-American Empire? By Richard C. Cook, June 30, 2008
The Paradoxes of Latin American Development By Prof. James Petras, June 30, 2008
The Subprime Trump Card: Standing up to the Banks By Ellen Brown, June 25, 2008