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Economy

The largest banks and the largest corporations in the world along with intelligence agencies are the greatest money launderers in the world. Millions of dollars are hidden by secret entities in tax havens to finance ... Full article
Panama Papers Ignore Massive Corruption and Racketeering in America Obama publicly criticizes tax avoidance while quietly encouraging high-net worth foreigners to shift wealth to America, free from taxation. The ...
Before you begin to understand why the leak of the so-called Panama Papers is making news all over the planet or why the names of famous people are being ...
Forget what the government is telling you. Corporate America says we’re in a recession. As of today, the fourth-quarter earnings season is in the books. Earnings season is when ...
In the 21st century, Americans have been distracted by the hyper-expensive “war on terror.” Trillions of dollars have been added to the taxpayers’ burden and many billions of dollars ...
The privatization movement and the deregulation movement have turned out to be failures. Privatization in Britain under the Thatcher government had its origin in the belief that the absence ... Full article
The United States government has abandoned everyone except the rich. The US economy died when middle-class jobs were offshored and when the financial system was deregulated. Jobs offshoring benefitted ...
Can you imagine a world where the government bans Americans from holding cash? Investors are losing confidence… They’re probably losing confidence in corporate managers, for instance. Who wants to ...
Wall Street banks were bailed out in 2009 after the Federal Reserve wired billions in fake money to their coffers. In 2016, central banks are out of ammunition and ...
NOTE: Readers are asking to know who, in addition to the Western-financed NGOs, are the Fifth Columnists inside Russia. Michael Hudson and I left the description general as Atlanticist Integrationists ...
Oil companies are hemorrhaging money… The oil market is in its worst downturn in decades. The price of oil has plummeted 72% since June 2014. Oil is trading below ...
It’s been hard to make money in stocks this year. If you’ve been reading the Dispatch, you know the bull market in U.S. stocks has sputtered out. From March ...
A major central bank just made a desperate move… If you’ve been reading the Dispatch, you know we’re living through a gigantic “global monetary experiment.” In short, global central ...
Brazil’s stock market collapsed by 51% in the last year. Brazil is heading for disaster… Brazil is the world’s eighth biggest economy and the fifth most populated country. It’s ...
Real money in US dollars accounts for $1.2 trillion worldwide. Of that, only about $250 billion are in circulation in the US. The rest of the US dollars circulating ...
The 62 Richest individuals in the world hold as much wealth as the rest of the population, according to Oxfam. The wealth of the poorest 50% dropped by 41% ...
The economy is collapsing around us, and if you aren’t already prepared, it’s time to get with it ASAP, because Wal-Mart is closing 269 stores. If that doesn’t ring ...
The government will dig deeper into taxpayer pockets to ‘heal’ its crisis. When a government has no money, it either prints it from thin air or steals it from ...
The bloodbath in oil continues. Yesterday, oil dipped below $30/barrel for the first time since December 2003. Just 18 months ago, a barrel of oil cost $106.77. Oil is ...
Another giant U.S. company is going broke. Arch Coal (ACI), the second-largest U.S. coal producer, filed for bankruptcy yesterday. Coal prices have dropped 98% since 2008, causing a major ...
The financial markets are in chaos… Chinese stocks crashed again last night, dropping 7% in less than an hour. The Shanghai Composite Index is now down 11.7% this week, ...
U.S. stocks have opened the year with a flop. Yesterday, the S&P 500 fell 1.5%. The Dow Jones Industrial Average fell 1.6%. At one point, the Dow was down ...
Will 2016 be the year the artificially stimulated US economic house of cards collapses? It’s long overdue. What can’t go on forever, won’t. Markets levitate only for so long. ...
This is what The Economist magazine did not say in its simplistic and reductionist report. In one of many interviews, Oscar-winning producer Brian Grazer said that a person must “know ...
The Federal Reserve raised the interbank borrowing rate today by one-quarter of one percent or 25 basis points. Readers are asking, “what does that mean?” It means that the ...