Economic News

Corruption in the European Union: Scandals in Banking, Fraud and Secretive TTIP Negotiations

Corruption in the European Union: Scandals in Banking, Fraud and Secretive TTIP Negotiations
September 5, 2016 1 Comment »

By Graham Vanbergen European Financial Review and TruePublica EU corruption has historically taken a wide range of forms demonstrated so vividly with successive scandals in banking, tax avoidance, a host of malpractice and fraud cases to secretive TTIP negotiations that ... Read More »

Ignoring the Pentagon’s Multi-Trillion-Dollar “Accounting Error”

Ignoring the Pentagon’s Multi-Trillion-Dollar “Accounting Error”
September 4, 2016 1 Comment »

By Dave Lindorff FAIR In 2014, the New York Times (10/12/14) ran a major investigative piece by reporter James Risen about several billion dollars gone missing, part of a shipment of pallets of $12 billion–$14 billion in C-notes that had been flown ... Read More »

Ireland and the Apple Tax Scandal: The Entire Political Establishment Colluded with Apple in an Act of “Economic Treason”

Ireland and the Apple Tax Scandal: The Entire Political Establishment Colluded with Apple in an Act of “Economic Treason”
September 3, 2016 1 Comment »

By Richard Boyd Barrett Richard Boyd Barrett TD The entire political establishment colluded with Apple in an act of “economic treason” to rob the public of billions desperately needed cash for public housing and other cash starved public services.  Fine ... Read More »

The Brazilian Economic Collapse Reaches Unprecedented Proportions

The Brazilian Economic Collapse Reaches Unprecedented Proportions
September 2, 2016 No Comments »

By Tyler Durden Zero Hedge While the mainstream media was focused on today’s primetime Brazilian spectacle, namely Dilma Rouseff’s impeachment vote in the Senate, which passed as expected with a substantial majority permanently removing Rouseff from office and assuring that her replacement, ... Read More »

Debt as an Instrument of Colonial Domination: How France Appropriated Tunisia

Debt as an Instrument of Colonial Domination: How France Appropriated Tunisia
June 17, 2016 No Comments »

By Eric Toussaint CADTM Tunisia’s fate at the hands of France in the second half of the 19th century serves as a good example of debt used as an instrument of dominating and alienating a state’s sovereignty. In 1881, France conquered ... Read More »

HSBC Scammed £1billion from British Shoppers, the Media Blackout continues

HSBC Scammed £1billion from British Shoppers, the Media Blackout continues
February 4, 2016 No Comments »

By James Wright The Canary The deafening media silence on HSBC applying over £1bn of illegal charges to 500-600,000 British shoppers perseveres. Working as a debt recovery specialist for HSBC, whistle-blower Nicholas Wilson was ordered to illegally overcharge British shoppers ... Read More »

The West Is Reduced To Looting Itself

The West Is Reduced To Looting Itself
February 2, 2016 No Comments »

By Dr. Paul Craig Roberts Institute for Political Economy I, Michael Hudson, John Perkins, and a few others have reported the multi-pronged looting of peoples by Western economic institutions, principally the big New York Banks with the aid of the ... Read More »

After 40-year ban, U.S. starts exporting crude oil

After 40-year ban, U.S. starts exporting crude oil
February 1, 2016 No Comments »

by Matt Egan Congress lifts 40-year ban on exporting oil America is wasting little time getting back into the oil exporting business. Just weeks after Congress lifted a 40-year ban on exporting oil, the first shipments of the black stuff ... Read More »

Negative Interest Rates Show “Desperation” of Central Banks

Negative Interest Rates Show “Desperation” of Central Banks
January 31, 2016 No Comments »

By Washington’s Blog Japan has joined the EU, Denmark, Switzerland and Sweden in imposing negative interest rates. Indeed, more than a fifth of the world’s GDP is now covered by a central bank with negative interest rates. The Wall Street Journal notes: TOKYO—Japan’s ... Read More »

Weapons of Mass Financial Destruction (WMFD)

Weapons of Mass Financial Destruction (WMFD)
January 30, 2016 No Comments »

By Bill Holter Every once in a while it is a good thing to review something we already know and have known for quite a while.  What we’re talking about are derivatives and the very basics of how they work… or ... Read More »

The World Economic Forum – WEF – Financial Collapse or not Collapse – that is the Question

The World Economic Forum – WEF – Financial Collapse or not Collapse – that is the Question
January 29, 2016 No Comments »

By Peter Koenig Our men . . . have killed to exterminate men, women, children, prisoners and captives, active insurgents and suspected people from lads of 10 up… Our soldiers have pumped salt water into men to “make them talk,” ... Read More »

World faces wave of epic debt defaults, fears central bank veteran

World faces wave of epic debt defaults, fears central bank veteran
January 22, 2016 No Comments »

By Ambrose Evans-Pritchard Exclusive: Situation worse than it was in 2007, says chairman of the OECD’s review committee The global financial system has become dangerously unstable and faces an avalanche of bankruptcies that will test social and political stability, a ... Read More »

The Bankruptcy Of The Planet Accelerates – 24 Nations Are Currently Facing A Debt Crisis

The Bankruptcy Of The Planet Accelerates – 24 Nations Are Currently Facing A Debt Crisis
October 5, 2015 No Comments »

By Michael Snyder The Economic Collapse There has been so much attention on Greece in recent weeks, but the truth is that Greece represents only a very tiny fraction of an unprecedented global debt bomb which threatens to explode at ... Read More »

Free States Are Happier and Richer

Free States Are Happier and Richer
September 17, 2015 No Comments »

By Gabriel Openshaw Mises.org The greater the economic freedom, the wealthier and happier the people. From minimum-wage laws to higher progressive taxation to greater unionization to larger welfare programs to more regulation, left liberals demand a stronger and more economically ... Read More »

In 2008, Fewer Than 30 Million Used Food Stamps. Now 46 Million Do.

In 2008, Fewer Than 30 Million Used Food Stamps. Now 46 Million Do.
September 14, 2015 No Comments »

By Ed Feulner Daily Signal Good news: The number of Americans using food stamps in 2014 declined slightly from the previous year. So why does the 2015 Index of Culture and Opportunity say this indicator is headed in the “wrong ... Read More »

Return to Crisis: Things Keep Getting Worse

Return to Crisis: Things Keep Getting Worse
September 3, 2015 No Comments »

By Mike Whitney CounterPunch Had the economy been fundamentally sound in 1929 the effect of the great stock market crash might have been small…. But business in 1929 was not sound; on the contrary it was exceedingly fragile. It was ... Read More »

Differing Views on China’s “Faltering Economy”, Growing Faster than “Stagnating Western Economies”

Differing Views on China’s “Faltering Economy”, Growing Faster than “Stagnating Western Economies”
September 2, 2015 No Comments »

By Stephen Lendman Ignore demagogues like Donald Trump claiming “China is taking our jobs…taking our money…They’ll take us down.” Gerald Celente issued a “trend alert” headlined “Market Mayhem: Don’t blame China – It’s the (global) economy, stupid.” China is far ... Read More »

Secrets to Protect Yourself From the Market Crash

Secrets to Protect Yourself From the Market Crash
September 1, 2015 No Comments »

By The Alex Jones Show It’s inevitable David Knight talks with market analyst Harry Dent about the Black Monday crash and where he sees it leading within the next few months and years Read More »

It’s a Ponzi Scheme -The Real Reason Global Markets are Crashing

It’s a Ponzi Scheme -The Real Reason Global Markets are Crashing
August 31, 2015 No Comments »

By Isaac Davis The economy is collapsing and the stock market is crashing… again. Is this crash the big one, or is it just another hiccup on the slow road to certain doom? Should we stampede, or should we continue to ... Read More »

Robots Will Cut 25% of US Jobs in 4 years, Transform Workforce

Robots Will Cut 25% of US Jobs in 4 years, Transform Workforce
August 30, 2015 No Comments »

The encroachment of self-help kiosks and grocery store scanners has led doomsayers to suggest automation threatens the workforce of the future. A new report argues it will create new business sectors and new jobs as well. By studying large companies ... Read More »