Most people that discuss the “economic collapse” focus on what is coming in the future. And without a doubt, we are on the verge of some incredibly hard times. But what often gets…
Tag: economy
Reuters / Fabrizio Bensch The sudden contraction of the German economy in the second quarter could be caused by Russian sanctions and the erosion of confidence from the crisis in Ukraine, the German Finance Ministry…
Global Private Wealth surges by 14.6 percent in 2013 Global financial private wealth grew by 14.6 percent in 2013, according to a new report by The Boston Consulting Group. The surge, concentrated in the hands…
<h1 class=”node-title” style=”color: #000000;”>’Total Moral Surrender’: Matt Taibbi Unloads on Wall Street, Inequality and Our Broken Justice System</h1> <img src=”http://otherwords.org/wp-content/uploads/2011/11/thanksgiving-on-wall-street-1024×799.jpg” alt=”” /> <p style=”color: #000000;”>His relentless coverage of Wall Street malfeasance…
As America’s new economy starts to look more like the old economy of the Great Depression, the divide between rich and poor, those who have made it and those who never will, seems…
The US economy is a house of cards. Every aspect of it is fraudulent, and the illusion of recovery is created with fraudulent statistics. American capitalism itself is an illusion. All financial markets are rigged….
American living standards are plunging and it’s not simply because they are paid less, work longer (or shorter hours) under highly stressful workplace conditions and pay a higher percentage of their income for health and…
There is an incidence of neglect and poverty throughout rural societies around the world. While urbanization is quickly taking place across the Earth, rural societies are very quickly slipping behind. This is not just a…
Western leaders’ attempts to create the illusion that everyone approves of the idea of imposing sanctions against Russia is coming up against the obvious discrepancy between this made-up picture and the real state of…
We all understand why Russia is waging economic war on the Ukraine, but why is Obama doing so? The New York Time’ web site has posted a remarkable Reuters story (dated April 5, 2014) entitled…