The United States is experiencing the problem of their sanctions no longer working as nations increasingly disobey what is declared by those in government. Despite sanctions, the Russian economy continues to grow at a steady…
Category: Economy
As we head into 2019, leaving the chaos of this year behind, a major question remains unanswered when it comes to the state of Main Street, not just here but across the planet. If the…
We’re joined by Richard Wolff, emeritus professor of economics at University of Massachusetts Amherst, visiting professor at The New School, founder of Democracy at Work, hosts a weekly national television and radio program called Economic…
Media decry ‘inadequate’ US military budget that rivals rest of world combined It is a sign of our times that our media attempt to decipher future government policy by analyzing the president’s tweets, like some…
France’s Yellow Vests: Fuel Tax Hike Triggers Poverty, Finances War and Repayment of the Public Debt
The Western media in chorus upholds France’s President Macron against the Yellow Vests Movement, which it describes as “Climate Deniers”. The New York Times casually describes the fuel tax hike as a carefully formulated economic…
The December 1 arrest by Canadian authorities in Vancouver of Huawei Technologies chief financial officer Meng Wanzhou, based on a US extradition warrant, represents a draconian extraterritorial application of a dubious US law and claim…
You can’t build the Empire and drain the Swamp at the same time. That’s because the Swamp is largely the fruit of Empire. And it’s also the reason that the Donald is being rapidly undone….
How US military spending keeps rising even as the Pentagon flunks its audit. On November 15, Ernst & Young and other private firms that were hired to audit the Pentagon announced that they could not complete the…
Gold NOT Dollars? In late November, the US dollar’s exchange rate shrank abruptly after Federal Reserve Chairman Jerome Powell stated that he considers the US central banking system’s benchmark interest rate to be near a…
Moscow and Beijing are drafting a pact to increase the use of the ruble and the yuan in bilateral and international trade. The countries aim to cut reliance on the US dollar to avoid sanctions…
