Global Research | 26 Aug 2015 Today, Global Research brings to the attention of its readers a selection of analytical articles relating to the global economy. Around the world, billions of dollars of wealth are seamlessly being moved from one hand to another, from one country to the next. The global economy is run by…
Webster Tarpley | 25 Aug 2015 Calls Are Heard for the Fed to Lower Interest Rates into Negative Territory; More Pushing on the String of Monetary Policy Will Not Work; After Failures of Fiscal and Monetary Stimulus as Well as the Debacle of Austerity Cuts, It’s Time to Try Credit Stimulus in Form of $6…
Zero Hedge | 24 August 2015 It’s officially Black Monday, if only in China for now. We warned on Friday, after last week’s China rout, that the market is getting ahead of itself with its expectation of a RRR-cut by China as large as 100 bps. “The risk is that there isn’t one.” We were spot on,…
CounterPunch | 24 Aug 2015 NOTE: As of posting time, Sunday night, the Nikkei Index is down 710, Shanghai down 296, HSI down 1,031. US equity futures are all deep in the red “Not only is the equity market at the second most overvalued point in U.S. history, it is also more leveraged against probable long-term…
Economic Collapse | 12 Aug 2015 Peter Schiff, CEO of Euro Pacific Capital and bestselling author of “Crash Proof,” believes the impending collapse of the United States dollar should be getting the attention of investors and news outlets and not the devaluation of the Chinese yuan. Speaking in an interview with Newsmax TV on Tuesday,…
Keep Talking Greece | 10 Aug 2015 What? I don’t believe it! Rea-lly? Germany made a 100 billion euro profit on Greek crisis? No, kidding? HA! And yes, so it is! A study conducted by a German Economic Institute has shown that every time investors got bad news about Greece, they rushed to Germany’s ‘safe…
Wall St On Parade | 10 Aug 2015 Last Friday’s nonfarm payrolls report of 215,000 new jobs in July with its attendant announcement of an unemployment rate of 5.3 percent drew mostly yawns from the media. That wasn’t the case on February 3 of this year when Jim Clifton, CEO of the polling company, Gallup,…
Paul Craig Roberts | 10 AUg 2015 Do you remember when real reporters existed? Those were the days before the Clinton regime concentrated the media into a few hands and turned the media into a Ministry of Propaganda, a tool of Big Brother. The false reality in which Americans live extends into economic life. Last…
USA Today | 8 Aug 2015 Puerto Rico defaulted on its $58 million debt repayment this week for the first time in its history. With its failure to repay creditors, the commonwealth joins the ranks of countries and governments burdened by crippling debt levels and extremely low credit ratings. Moody’s Investors’ Service rates seven countries Caa1…
Prof Michel Chossudovsky | Global Research | August 08, 2015 What is the relationship between war in a military theater and “economic warfare”? An act of war is invariably an economic undertaking which supports dominant corporate interests. The conduct of US-NATO military operations is carried out on behalf of powerful financial institutions. US led wars in the Middle East…