CONTROLLED DEMOLITION: What Collapsed The Middle Class? – By Charles Hugh Smith

Source – charleshughsmith.blogspot.com “…Many of these causes are part of a single dynamic, the decapitalization of the middle class and the decay of the ladder of social mobility which enabled tens of millions of workers to transform their wages into productive capital via saving and investment in their own human capital, their own enterprises and assets that earn income”…

DAS KAPITAL: Does the US Still Have an Economy? – By Paul Craig Roberts

Source – paulcraigroberts.org “…Hudson, who has been on the job of analyzing America’s eroding economy for a long time, emphasizes that the US economy is no longer a productive or industrial economy but a financialized economy in which bank lending is not used for new plant and equipment but for the financing of takeovers of…

CONTROLLED DEMOLITION: Debt & The Demise Of The Middle Class – By Charles Hugh Smith

Source – charleshughsmith.blogspot.com “…In other words, what separates the working class from the middle class is the middle class is able to transform their labor into capital while the labor of the working class only funds consumption. The working class is defined not by credentials, type of labor or credentials but by limited access to the means to…

LA DIVINA COMEDIA HUMANA: Suck It, Wall Street – By Matt Taibbi

Source – taibbi.substack.com “…They’ve seen first that our markets are basically fake, set up to artificially accelerate the wealth divide…Secondly they see that the stock market, like the ballot box, remains one of the only places where sheer numbers still matter more than capital or connections. And they’re piling on, and it’s delicious, not so…

DAS KAPITAL: The Consequences of Moving from Industrial to Financial Capitalism – By Michael Hudson & Pepe Escobar

Source – consortiumnews.com “…Essentially, we became what’s called a rent-seeking economy, not a productive economy…America used to have industrial capitalism in the 19th century. That’s how it got richer originally but now it’s moved away from industrial capitalism towards finance capitalism. And what that means is that essentially the mixed economy that made America rich…in…

2020 VISION: 2020 Was a Snack, 2021 Is the Main Course – By Charles Hugh Smith

Source – oftwominds.com “…Self-enrichment by any means available is what hollows out and fatally weakens systems. The relentless pursuit of infinite greed (“investing” in stock buybacks, legalized looting, etc.) has destroyed the moral foundation of society and the economy: there is no civic virtue or public good left. These empty phrases cannot hide that America…

CORPRO-FASCISM: ‘Corporatist Collectivism’, The Coming New Order – By Jeff Thomas

Source – internationalman.com “…This corporatist relationship has deep roots in the US, going back over one hundred years. To this day, those elite families who took control of oil, steel, banking, motor vehicles and other industries a century ago, soon created a takeover of higher learning (universities), health (Big Pharma) and “Defense” (the military-industrial complex).…

CASINO CAPITALISM: Wall Street’s Casino Banks Party Like It’s 1929

Source – riggedgame.blog “…As a result of that Faustian bargain in 2010, Americans are living now with the same casino banking model as existed in the leadup to the crash of 2008. Making matters worse, Wall Street is escaping blame for the current financial crisis (thus far anyway) as its sycophants in Congress are blaming…

CONTROLLED DEMOLITION: No End to Devastating US Economic Collapse – By Stephen Lendman

Source – stephenlendman.org “…During two Obama/Biden regime terms, force-fed austerity was official policy, what’s likely to continue in some form ahead with no end of it in prospect by either right wing of the one-party state. Economist John Williams explained that US economic collapse keeps “hardening…” while Fed money creation expanded year-over-year by “a record…

DAS KAPITAL: The True Reason Behind The 40-Hour Work Week

Source – anonhq.com – “…There are many contributing factors that have led to our current economic system and continued acceptance of the 40-hour workweek, three major factors being consumerism, inflation, and debt“: (The True Reason Behind The 40-Hour Work Week & Why We Are Economic Slaves) Economic slavery, or wage slavery, refers to one’s total…

THE MEDIA MONOPOLY: ‘The Icelandic Debt Jubilee’, The Media Silence is Deafening (Flashback)

Source – gizadeathstar.com – “…the US Rothschild Controlled Media has apparently completely blacked out any news involving Iceland’s debt forgiveness. Attempting to search Iceland’s mortgage debt forgiveness only leads to about 359,000 search results with none of them being from the United States. Neither major or minor news outlets mention a single word about Iceland’s…

DAS KAPITAL: The Great Crackup Is Coming – By Ron Paul

Source – ronpaulinstitute.org “…The ‘crack-up’ occurs when enough people realize that continuous expanding of the money supply, and the accompanying decline in a currency’s purchasing power, is a feature of central banking. Therefore, they spend their money as soon as they get it, accelerating the rise of hyperinflation” Ron Paul: The Great Crackup Is Coming…

VOODOO ECONOMICS: The Dangerous Alliance of Rothschild & The Vatican of Francis – By F. William Engdahl

Source – journal-neo.org “…The same people who created the post-1945 model of IMF-led globalization and giga-corporate entities more powerful than governments, destroying traditional agriculture in favor of toxic agribusiness, dismantling living standards in industrialized countries to flee to cheap labor countries like Mexico or China, will now lead the effort to correct all their abuses?…

DAS KAPITAL: ‘Bunch of Gangsters’, Fictitious Debt & Wealth Creation

Source – thesaker.is “…Michael Hudson explains the thinking of the Pentagon and paying ‘protection money’ historically to fund oligarchies.  It is a ‘war between systems’, Hudson explains with the thinking being:  “If only China did not export to us, we could reindustrialize.”…“It’s over”: says Hudson, because “we’ve painted ourselves into such a debt corner.  So…

CONTROLLED DEMOLITION: Cost Of Living Increases Are Decimating The Middle & Lower Class

Source – zerohedge.com “…On top of it all, the government – who the average Joe trusts to do right by them – is telling them inflation has basically been a myth. Again, the Chapwood Index paints a different story, showing cost of living rising about 10% in major U.S. cities, annually” “It’s A Constant Struggle”: Cost…

CROSSROADS: ‘Global Hope’, A Plan to End the Worldwide Financial Crisis – By Paul Hellyer

Source – paulhellyerweb.com “…Thanks to Milton Friedman’s irrational flip-flop from being a proponent of 100% cash reserves to the opposite extreme of zero reserves, and the adoption of his ideas by the major central banks of the world in 1974, multiples have increased dramatically – in some cases to as much as 20 to 1…

DAS KAPITAL: ‘Water’, The Most Basic & Essential Resource, is Now Just Another Wall Street Commodity

Source – canadianpatriot.org “…According to the United Nations, about 2 billion people live in countries where basic access to water is a serious problem. In the next few years, up to two-thirds of the planet could experience water shortages…The new futures market also creates the possibility that water will be the subject of cut-throat speculation…

DAS KAPITAL: The Sinking Of The “USS ECONOMY”

Source – goldswitzerland.com “…This particular ship is already loaded with $80 trillion total US debt of which the government has issued $27 trillion and the Fed printed $7 trillion. Add to that derivatives and unfunded liabilities of at least $1/2 quadrillion. So say a total of $600 trillion in US debt including liabilities that will…

DAS KAPITAL: ‘Debt Bomb’, How to Protect Yourself From the Coming Inflation Tsunami

Source – zerohedge.com ” …CPI inflation has remained tame leaving many participants persuaded that we’d somehow transcended inflation…This will turn out to be wrong…I wrote about about the inflationary collapse of the Soviet Union, where inflation took off sharply almost overnight….Warren Buffett warned that for a debtor nation, inflation was the economic equivalent of the hydrogen bomb” The coming…