Economics

Economics, money, trade, business and spending

Government Plan Would Transform Israel Into The World’s First Cashless Society

Michael Synder explains why Prime Minister Benjamin Netanyahu plans to “all but do away with cash transactions in Israel” is so ominous

$1 Trillion Motherlode of Lithium and Gold Discovered in Afghanistan

Beyond its lucrative drugs trade, which the U.S. invasion helped revive, it looks like there more rich pickings to be had in Afghanistan

Employment-Population ratio 2014. Click to enlarge

Economy Shrinks for First Time in Three Years as GDP Contracts 1 Percent

This report tries to put a bright shine on what is essentially bad news by implying that this is temporary. However, that doesn’t alter the fact that this is not the ‘recovery’ we’ve been told to expect

Who Needs The United States? Not Russia And China

Russia and China have just signed “the gas deal of the century”, and are discussing using their own currencies to trade with one another. This has huge implications for the U.S. economy. Michael Synder explains

Putin’s Threat Just Stunned U.S. and Europe

When future historians chronicle America’s decline as a world power they will probably note the recent International Economic Forum as a significant point in its descent. Former US Treasury official, Dr. Paul Craig Roberts explains

Russia sees expansion of ties with China undoubted diplomatic priority

On the eve on joint naval drills in the South China Sea, Russian President Putin lauds ties between the two nations, describing China as “our reliable friend”

The Number Of Working Age Americans Without A Job Has Risen By 27 MILLION Since 2000

In 2008, only 25 percent of all Americans considered themselves to be “lower middle class” or “poor”. Today an astounding 40 percent of all Americans chose one of those designations.

US Economy Is A House Of Cards

Americans will take endless abuse from their government and blame someone else. Such an insouciant and passive people are ideal targets for looting. A former Assistant Secretary of the U.S. Treasury explains

Sustaining Ukraine’s Breakthrough

George Soros says the foundation he set up in Ukraine in 1990 will play a vital role in opening its markets

Epidemic Of Hunger: New Report Says 49 Million Americans Are Dealing With Food Insecurity

Health researchers say 29% of the U.S. households they monitor were at risk of hunger last year, compared with 25% the year before. Michael Synder explains

Are You Ready For The Price Of Food To More Than Double By The End Of This Decade?

According to the U.S. Census Bureau, U.S. median household income has dropped for the past 5 years in a row. While prices have steadily climbed

16 Signs That Most Americans Are NOT PREPARED For The Coming Economic Collapse

In this day and age, it is imperative that we all learn how to think for ourselves. The foundations of our society are crumbling, our economic system is failing and the blind are leading the blind

Russia to Buy 500,000 barrels per day from Iran – death of dollar

Eventually, if you sanction too many people, they’ll create their own economy…and then your sanctions are toothless and you’re screwed

Employment-Population ratio 2014. Click to enlarge

This Is What Employment In America Really Looks Like…

It’s not a pretty picture. Michael Synder explains as the U.S. economic decline accelerates

Economists Sell their Souls to the Fed

Economists Sell their Souls to the Fed

Economists are the template for doctors and all academic professions (historians etc.) They do the bidding of the Illuminati Federal Reserve bank directly or indirectly. Ryan Grim explains

What About The Dollar: Russia, Iran Announce $20 Billion Oil-For-Goods Deal

What About The Dollar: Russia, Iran Announce $20 Billion Oil-For-Goods Deal

Does this deal spell the end of the line for the once mighty petrodollar?

What is Globalisation? Paul Craig Roberts

In a few brief words Paul Craig Roberts sums up the true nature of “globalisation”

Ukrainian Gold Out ...

Obama’s Ukrainian Gold Heist

Question: what has happened to the Ukrainian gold? Answer: Arseny Yatsenyuk ordered its transfer to the United States — all 33 tonnes of it

Kissinger and Putin at Russian leaders country house outside Moscow. Click to enlarge

Enough of the Putin Worship!

We are not sure we entirely agree with Anthony Migchels but we have to concede, he has a point

Ukrainian Parliament Approves New Laws Required for IMF Bailout

The offer of an International Monetary Fund bailout comes on cue but as always, with strings attached