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Both developed and developing nations collaborated to achieve a new record of debt, but developed nations are the biggest offenders with 142 billion euros while developing nations added almost 51 billion euros. The debt of … Full article

Have you ever heard the term ‘rent seeker’ before? I had never heard about it until last week. But as it turns out, those who wear that name tag …

Financial sector no longer supplies capital for production. What the financial sector does is to turn discretionary consumer income into interest and fee payments to banks. I deplore the …

The last time American consumer debt was this high was.. well…NEVER. But now, it seems we are engaged in a high stakes game of consumer debt roulette. And the …

“We are on the verge of a global economic collapse and the dismantling of the capitalist system.” He became famous after publishing several books on the infamous Bilderberg Group, …

Washington, in its abuse of the world currency role, uses the dollar payments mechanism to impose sanctions on other countries. Readers at home and around the world want to … Full article

Giving away Brazilian property to international bankers is certainly not part of the solution to get Brazil back to development. SAO PAULO – I recognize that private initiatives work …

Central banks warn of risk of slowing globalisation and attack Nationalism and bilateral negotiations. Populism questions the benefits of globalization. However, the coordinator of the central banks, the Bank …

From 2000 until today, central banks have done more to destroy global financial stability than at any other time in history. Different from what is commonly believed, central banks …

The liquidation of “too big to fail” banks ensures that large investors will get paid while average Joes will be stiffed with the bill. Taxpayers, will again have to …

Several years ago when the Federal Reserve had its Fed funds rate at zero to 25 basis points (one-quarter of one percent—0.25%), there was a great deal of talk, …

Back in January, after the worst Christmas sales in a decade, I predicted that 2017 would be the year of the Retailpocalypse and that we’d see hundreds of retail …

In a series of articles we have proven to our satisfaction that the prices of gold and silver are manipulated by the bullion banks acting as agents for the …

Real unemployment rate at +- 23%, not 4.7% as mainstream news and government claims. Monthly Labor Department jobs reports are phony. Paul Craig Roberts calls them “a bad joke,” …

According to official US economic data, the US Gross Domestic Product (GDP) has expanded for 22 quarters, raising real GDP 12.1% above its high prior to the 2008-09 economic …

An article by Robert Berke in oilprice.com, which describes itself as “The No. 1 Source for Oil & Energy News,” illustrates how interest groups control outcomes by how they …

The Obama administration went all out for its approval – a hugely secretive anti-consumer, anti-freedom, anti-environment, jobs-killing corporate giveaway race to the bottom. It’s all about greater than ever …

What does the future hold for average people? Feudalism. And they’ll welcome it with open arms, convinced that they are embracing a smart, fair system that eliminates poverty. The …

What lies ahead for the economy this year? Will the economy finally collapse as predicted by many or will the early positive signs in stock markets around the world …

The truth is that the classification of the largest economy changes according to how wealth is measured. It is GDP vs purchasing power. The size varies according to the …

On November 7th, 2016, Oxford University suggested a system of taxation to discourage people from buying and eating certain foods. There’s a brand new way to save the planet, …

If completed, 450,000 barrels of fracked oil will be delivered through the Dakota Access pipeline (DAPL) daily over 1,168 miles – through North and South Dakota, Iowa and Illinois. …

During a very important meeting of the Security Council – not even mentioned in the Western Press – on 28 October, the United States voted against UNO cooperation with …

While voters reject further liberalisation via transnational treaties, the Democratic administration, under pressure from large corporations, aims to force the Transpacific Agreement on the fast track. To understand why …

The United States and the European Union have launched an undeclared war against Syria, Iran and Russia – it is known by the alias «economic sanctions». This appalling tactic …