VOODOO ECONOMICS: How Capitalist Central Banks Have Been Creating the Next Financial Crisis – By Dr. Jack Rasmus

Source – geopolitics.co – “…These are the same people who in 2008 promised rapid and robust recovery from QE and ZIRP programs that didn’t happen. What happened was an unprecedented acceleration in financial asset markets as equity and bond prices surged for eight years, high end real estate prices rose to prior levels, derivatives boomed,…

CORPRO-FASCISM: Privatization of Water as an Owned Commodity Rather Than a Universal Human Right – By Joachim Hagopian

Source – globalresearch.ca – “…Since the 99% in debt to the hilt have been squeezed dry, while the 1% have made this planet nearly unlivable as the only ones filthily richly profiting from their plundering this earth, the transnationals are the sole entities with the financial capital and means to clean up the very mess…

VOODOO ECONOMICS: Total Government And Personal Debt In The U.S. Has Hit 41 Trillion Dollars…$329,961.34 Per Household

Source – theeconomiccollapseblog.com – “…Our financial markets are far more primed for a crash than they were in 2008…The only times in our entire history that are even comparable are the late 1920s just before the infamous crash of 1929 and the late 1990s just before the dotcom bubble burst”: Total Government And Personal Debt…

VOODOO ECONOMICS: ‘Imperialism Is Alive and Kicking’, A Marxist Analysis of Neoliberal Capitalism – By C.J. Polychroniou

Source – truth-out.org – “…The term “imperialism” the arrangement that the capitalist system sets up for imposing income deflation on the working population of the Third World for countering the threat of inflation that would otherwise erode the value of money in the metropolis and make the system unviable. “Imperialism” in this sense characterizes both…

OILIGARCHY: The Economic Motive for America’s Current Wars – By Eric Zuesse

Source – strategic-culture.org – “…Obama also had come into office in 2009 hoping to overthrow Syria’s President Bashar al-Assad, because, ever since at least 1949, the U.S.-Saudi oil company Aramco was trying to be allowed to build through Syria pipelines for Saudi oil and Qatari gas into the EU so as to grab that energy-market away from…

VOODOO ECONOMICS: The Worse Things Get For You, The Better They Get For Wall Street

Source – theburningplatform.com – On October 2 the BLS reported absolutely atrocious employment data, with virtually no job growth other than the phantom jobs added by the fantastically wrong Birth/Death adjustment for all those new businesses springing up around the country. The MSM couldn’t even spin it in a positive manner, as the previous two…

VOODOO ECONOMICS: ‘The Third Degree’, Who Got Rich Off the Student Debt Crisis?

Source – revealnews.org – “…Decades ago, the federal government relinquished direct control of the student loan program, opening its bank to corporations concerned with profits, not diplomas. Private equity companies and Wall Street banks seized on the flow of federal loan dollars by peddling loans that students sometimes could not afford and then collecting fees…

OILIGARGHY: ‘Big Oil & Their Bankers’, War Balances Books – By Dean Henderson

Source – hendersonlefthook.wordpress.com – “…Dick Cheney was now Halliburton Chairman and CEO.  Cheney now struck a more business-like tone, cutting oil deals with Saddam Hussein.  According to the Financial Times, from 1998-2000 Halliburton did nearly $24 million in business selling oil drilling equipment and services to Iraq.  Cheney & Company circumvented the US embargo by…

VOODOO ECONOMICS: Now Just Five Men Own Almost As Much Wealth As Half The World’s Population

Source – commondreams.org – “…In 2016 alone, the richest 1% effectively shifted nearly $4 trillion in wealth away from the rest of the nation to themselves, with nearly half of the wealth transfer ($1.94 trillion) coming from the nation’s poorest 90%—the middle and lower classes. That’s over $17,000 in housing and savings per lower-to-middle-class household lost to the super-rich”: Now Just Five Men Own…

VOODOO ECONOMICS: Yves Engler – The ‘Auto-Industrial Complex’ Requires Massive Public Subsidies to Survive

Source – yvesengler.com – “…Auto interests have pocketed stupendous profits over the past century they’ve also pushed to socialize huge amounts of urban land…simply put, cars need roads and the state must pay for them; otherwise most of us would still be riding public transit because an unsubsidized private automobile would be too expensive and…

VOODOO ECONOMICS: ‘The Perpetual Motion Money Machine’, Will the Crazy Global Debt Bubble Ever End? – By Charles Hugh Smith

Source – charleshughsmith.blogspot.ca – “…The debt-asset bubble supernova consumes all the available fuel and implodes. I’ve employed the supernova analogy for many years, as it captures the expansion of debt and asset valuations and the resulting collapse once all the fuel in the system (i.e. earnings and real collateral) has been consumed”: Will the Crazy Global…

VOODOO ECONOMICS: Do we implode in a deflationary death spiral (ice) or in an inflationary death spiral (fire)? – By Charles Hugh Smith

Source – oftwominds.com – “…Building bridges to nowhere and creating money from thin air to buy stocks and bonds only appears sustainable because the risks and imbalances are piling up out of sight. Eventually the “perfect balance” between deflation and inflation tips one way or the other, and a systemic crisis “nobody saw coming” unfolds”:…

VOODOO ECONOMICS: ‘Killing the Host’, How Financial Parasites and Debt Bondage Destroy the Global Economy – By Michael Hudson

Source – counterpunch.org – The West Is Traveling The Road To Economic Ruin – By Paul Craig Roberts: Michael Hudson is the best economist in the world. Indeed, I could almost say that he is the only economist in the world. Almost all of the rest are neoliberals, who are not economists but shills for…

VOODOO ECONOMICS: Over The Last 10 Years The U.S. Economy Has Grown At EXACTLY The Same Rate As It Did During The 1930s – By Michael Snyder

Source – theeconomiccollapseblog.com – “…The hard fact is that the past decade’s $10 trillion in deficit spending has produced the worst economic growth as measured by Gross Domestic Product in our nation’s history.  You read that right, in the past decade our nation’s economy grew slower than even during the Great Depression”: Over The Last…

VOODOO ECONOMICS: ‘Olduvai on the Dnepr’, the Transient-Pulse Theory of Industrial Civilization – By Dimitri Orlov

Source – cluborlov.blogspot.ca – “…Thus, the phenomenon that has allowed per capita energy use to set some modest new records has produced an Olduvai plateau, which will be followed by an even steeper Olduvai cliff once this scheme, essentially one of attempting to borrow against the collateral of a nonexistent future, eventually fails. This moment…

VOODOO ECONOMICS: ‘State of Denial’, The Economy No Longer Works As It Did in the Past – By Charles Hugh Smith

Source – oftwominds.com – “…There’s no Plan B for a state-corporate form of central-planning capitalism that is no longer functioning. The only policies available are the “emergency” ones that are now permanent life-support systems of our failed global economies”: ‘State of Denial’, The Economy No Longer Works As It Did in the Past – By…

VOODOO ECONOMICS: Globalization & The Rural-Urban Divide – By Charles Hugh Smith

Source – oftwominds.com – ‘…We did not pay enough attention as capitalism hijacked globalization. Economic elites designed international institutions to serve their own interests and to create firmer links between themselves and governments. Ordinary people were left out”: Globalization & The Rural-Urban Divide – By Charles Hugh Smith The Neoliberal Corporate-State Order had all the…

ABOVE TOP SECRET, ‘EYES ONLY’: The Deep State, MJ-12, and BRICS-led Multipolarity

Source – geopolitics.co – “…The Deep State will continue, as they always have, to pursue their sinister agenda to start a nuclear exchange, while settling for the minimum atmosphere of conflict to generate more funds for the military industrial complex”: Deep State Plans to Nuke Russia & China to Deter BRICS-led Multipolarity We’ve already seen…

AMERIKA: Geopolitical Analyst/Professor Antonio Gelis-Filho Mulls Soviet-Style Collapse of US (Flashback)

Source – sott.net – Citing a series of geopolitical, economic and social setbacks faced by the United States since the turn of the century, geopolitical analyst and Sao Paulo Business School Professor Antonio Gelis-Filho argues that global policy planners must prepare to deal with the “improbable, but by all means possible, Soviet-style collapse of the…

OILIGARGHY: Your Taxes Subsidize Dirty Oil Corporations By $5.3 TRILLION – Report

Source  – trueactivist.com  – “Governments Giving Fossil Fuel Companies $10 Million a Minute: IMF”:  – News like this makes you wonder whether the people running this planet actually want it (or us) to survive at all. A recent paper released by the International Monetary Fund (IMF) should shock all of us who believe in a…

VOODOO ECONOMICS: 6 Companies Making Big Profits In The Prison Industrial Complex (Archive)

Source  – govtslaves.info – There are currently 2.4 million people in American prisons. This number has grown by 500% in the past 30 years. While the United States has only 5% of the world’s population, it holds 25 percent of the world’s total prisoners. In 2012, one in every 108 adults was in prison or in jail, and one in 28 children in the U.S. had a…

VOODOO ECONOMICS: Cities and States Pay Massive Secret Fees to Wall Street – By David Sirota

Source  – truthdig.com – California’s report said $440 million. New Jersey’s said $600 million. In Pennsylvania, the tally is $700 million. Those Wall Street fees paid by public workers’ pension systems have kicked off an intensifying debate over whether such expenses are necessary. Now, a report from an industry-friendly source says those huge levies represent…

VOODOO ECONOMICS: Prison Labor Company Features Promo Video Touting “Best-Kept Secret in Outsourcing” – By Lee Fang (Flashback)

Source  – firstlook.org – Searching for the “best kept secret in outsourcing,” one that can “provide you with all the advantages” of domestic workers, but with “offshore prices”? Try prison labor! That’s the message of Unicor, also known as Federal Prison Industries, a government-owned corporation that employs federal workers for as little as 23 cents an…