Source – economicprism.com – “…As China reaped more and more of the Fed’s fake money, Beijing had to debase the Chinese yuan at greater and greater rates to keep their cheap labor advantage over U.S. workers. Year after year, decade after decade, the U.S. heartland was hollowed out and deindustrialized, and its prior vitality was…
Source – thesaker.is – “…So now China is an existential threat to the United States. Does this not sound like creating the basis for war talk to you? What of this is different from the Russia derangement? It is just the same old story, the same old positioning of creating enemies, using different words. Civilizational…
Source – southfront.org – “…This hybrid warfare will be accompanied by a level of official propaganda that will make for example the current “Russiagate” reporting pale in comparison…Instead, that propaganda will be used to justify internal political censorship and repression, on a scale even greater than we have seen used against the Yellow Vests protests…
Source – charleshughsmith.blogspot.com – “…In a credit-bubble boom-bust economy, everyone must become a brilliant, savvy trader/gambler or they risk losing it all…The greatest sin in America is to recognize downward mobility is now like gravity: the upper-middle class household that loses a high-paying job and places the wrong bet in the credit-bubble casino is one…
Source – charleshughsmith.blogspot.com – “…Turning everything into a tradable market is not what actually happened. What actually happened is that the new markets were quickly dominated by monopolies and cartels, and previously safe assets were financialized and securitized, in effect strip mining the unwary of their income and assets…The net result is we have an…
Source – economicprism.com – “…What’s the real source of the working stiff’s grave economic discomfort?…today’s great chasm between rich and poor – is the product of central planners. Not the Soviet style central planner that dictated prices with ridiculous five year plans. But, rather, a more covert central planner that draws down the value of…
Source – marketwatch.com – “…Millennials say they feel pressure to keep up with their friends’ spending — and of those, nearly half say that social media posts of friends’ vacations and lifestyles contribute to that pressure…Meanwhile, Millennials have virtually no money – with 60% of them having less than $500 in savings, and 45% of…
Source – robertreich.org – “…While the wealthy and powerful are coddled with public largesse, the rest of us are thrown into the jaws of an unforgiving economic system…Around 60 percent of America’s wealth is now inherited. Many of today’s superrich have never worked a day in their lives” Socialism for the Rich, Capitalism for the…
Source – paulcraigroberts.org – “…In America today the population is drowning in unpayable debts—student loan debt, credit card debt, home mortgage debt, state and local government debt, and business debt—but policymakers have reserved forgiveness only for the debt associated with the bad and irresponsible investments of the big banks and financial institutions. The Federal Reserve…
Source – https://www.yesmagazine.org/@@also-by?author= – “…More than 25 bills are now active, and dozens of groups are promoting the idea…California and Washington state are vying to form the nation’s second state-owned bank, following in the footsteps of the highly successful Bank of North Dakota, founded in 1919” The Public Banking Revolution Is Upon Us – By…
Source – zerohedge.com – “…At a current rate of about $36 billion a year, this is a cost to the Treasury that is indefensible. This amount is about half the budget for food stamps, for example, which politicians want to cut. There is no provision for these funds ever to be paid back. It is…
Source – commondreams.org – “…Are contemporary capitalist societies ready to embark on transitions to genuinely non- or post-capitalist societies? Such transitions’ central strategy is to displace the hierarchical, undemocratic, employer-employee organization of capitalist enterprises with democratized workplaces. Notions of economies built on workers’ self-governing cooperatives existed throughout human history. They rise now again as small…
Source – russia-insider.com – “…China’s stunning success primarily has to do with its superior economic planning and social governance. Call it Stalinism 2.0. Under Stalin, the USSR was able to produce steady double digit growth rates through a combination of central planning and market mechanisms. It also had some 4 million political prisoners, which, for…
Source – charleshughsmith.blogspot.com – “…It’s much cheaper to buy political adjustments to the new taxes via lobbying and campaign contributions than paying the extra $180 billion. A mere $10 million will buy a great deal of political adjustments, and $100 million will get pretty much whatever you need in the way of political adjustments” There…
Source – globalresearch.ca – ‘…The facts are now long in. Corporate globalization is not only out of control. It is eating the world alive at all levels towards cumulative collapse of organic, social and ecological life organization. Global competition means, in fact, the majority’s life means and security keep falling as the environment is looted…
Source – oftwominds.com – ‘…The sacrifices required to live in high-cost urban areas are no longer worth it: traffic congestion, long commutes, high-stress jobs, homelessness and decaying infrastructure are outweighing the benefits of hipster urbanism. Although it’s verboten to mention this in the we’re so fabulous local media, many of these high-cost urban regions are…
Source – jonrappoport.wordpress.com – ‘…Monsanto and Facebook illustrates how, at the top of the food chain, there is connected wealth. These investment funds can, if they choose to, intercede in companies’ proxy votes to alter company policy. And of course, in case a company decides to take a controversial stance on a political issue, or…
Source – batr.org – “…What will fix the economy is the American populists’ version of social credit…Repudiate debt to the bankers who have defrauded us with their system where all of the money is loans that have to be paid back as principal plus interest. The terms are impossible to meet in the aggregate; and…
Source – economicprism.com – ‘…Over issuance of dollars by the Fed, and the forced use of legal tender, have replaced real money with fake money. The fake money’s still called dollars. The One Dollar bill says it is One Dollar. Yet it’s really just $0.04. The other $0.96 has been confiscated by the Fed for…
Source – commondreams.org – “…The notion that it is somehow legitimate for a tiny group of humans to cordon off the bulk of the world’s bounty for themselves leaving billions of people begging on the street or scrounging through garbage dumps — is fairly astonishing, on the face of it. The unfairness is compounded by…
Source – davidstockmanscontracorner.com – “…In metaphorical terms, the central bank was using a pop-gun during the 1953-1971 era versus a nuclear weapon since the year 2000. Yet not only has the reported trend rate of real growth fallen by 50% since the era of William McChesney Martin, but the periodic economic setbacks (i.e. recessions) were…
Source – propublica.org – ‘…Ten years ago, the tax agency formed a special team to unravel the complex tax-lowering strategies of the nation’s wealthiest people. But with big money — and Congress — arrayed against the team, it never had a chance” The IRS Tried to Take on the Ultrawealthy. It Didn’t Go Well. –…
Source – silverdoctors.com – “..In episode 3 of ‘Mafiacracy Now’, we lay out the 3 biggest lies sold to the public in oder to get the $700 billion Troubled Asset Relief Program (TARP) passed on October 3, 2008. The lies beg one very huge and unanswered question that remains very much pertinent to this day:…
Source – cluborlov.blogspot.com – “…The Pentagon now resembles a woman who has a closet jam-packed with expensive designer labels but has absolutely nothing to wear because her entire wardrobe is no longer fashionable. There is the entire set of aircraft carriers none of which can operate close enough to enemy shores to be of any…
Source – counterpunch.org – “…Dividing today’s $100 trillion American pie evenly among its 125 million households would give each household an $800,000 slice. Grow that pie by a realistically achievable 25 percent over the next decade, and we have a nation of millionaires…There’s plenty to go around. The problem is that a relative handful of…
Source – wolfstreet.com – “…This house didn’t get bigger or better or more opulent. It just got older. What has changed in a major way is the purchasing power of the Canadian dollar with regards to assets, particularly with regards to homes: This purchasing power has plunged. And what you’re seeing here are the effects…
Source – oftwominds.com – “..The only way to enable debt-serfs to service their debts is to give them free money, i.e. Universal Basic Income (UBI). Don’t kid yourself that the proponents of UBI are wunnerful folks just trying to be generous; the only purpose of UBI is to enable debt-serfs to keep servicing their debts…
Source – oftwominds.com – “…The cartel-monopoly structure of service sectors has inhibited the spread of cost-cutting technologies; online education that leads to a diploma should be nearly free and universally accessible…but instead the higher education cartel continues to exact its pound of flesh for a diploma, a scrap of paper with rapidly diminishing returns” The…
Source – oftwominds.com – “…What if politics merely fosters an illusion of solutions, a paper-thin veneer of faux progress? What if politics isn’t a tool that’s capable of fixing what’s broken? What if all politics is able to do is generate delusions of grandeur and unresolvable conflicts? What if politics is ultimately little more than…
Source – economicprism.com – “…Stealing someone else’s property and then reducing the spoils valued at $33,000 to a payout of about $30 is a remarkable achievement. Mele’s Coin Star transaction delivered a loss of over 99.9 percent. But he’s not alone…The Federal Reserve, in concert with the U.S. Treasury, has been part of an extensive…
Source – globalresearch.ca – “…For countries attempting to escape the cyclical crises and contradictions of the neoliberal world market, de-dollarization becomes a top priority…oil is the fuel of the international economy. For a nation to be able to undermine US domination in the world economy it would have to wrestle control over the trade of…
Source – ellenbrown.com – “…In antiquity, debts were routinely forgiven when a new ruler took the throne. The rulers and their advisors knew that debt at interest grew faster than the money supply and that debt relief was necessary to avoid economic collapse from an overwhelming debt overhang. Economic growth is arithmetic and can’t keep…
Source – zerohedge.com – “…The 400 richest Americans – the top 0.00025% of the population – have tripled their share of the nation’s wealth since the early 1980s. Those 400 Americans own more of the country’s riches than the 150 million adults in the bottom 60% of the wealth distribution, who saw their share of…
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