Economics

Economics, money, trade, business and spending

A Recession Within A Recession

Despite announcements about a ‘recovery’ it’s now official: the U.S. economy contracted during the first quarter of 2015

Greece Says That It Will Default On June 5th, And Moody’s Warns Of A ‘Deposit Freeze’

Greece Says That It Will Default On June 5th, And Moody’s Warns Of A ‘Deposit Freeze’

We could actually see Cyprus-style wealth confiscation but on a mch bigger scale

Greece can’t make €1.6B IMF payment, refuses to budge on rescue aid terms

“This money will not be given … It does not exist,” Greek Interior Minister Nikos Voutsis commenting on the IMF repayment Sunday

Greece €400 Million Short For Wage And Pension Payments, Rushes To Pass Troika-Friendly Laws

Not only does Greece not have €1 billion in cash needed to pay the IMF, it also lacks €400 million for wages and pensions payments

Wealth of world’s billionaires doubles since 2009

This report dates back to 2013 but between then and 2009 the world richest got substantially richer

Grexit: Remaining In The Eurozone Is No Longer ‘The Base Case’ For Greece

We stand on the verge of the next great global economic crisis. The lessons that we should have learned from the last crisis were never learned, and instead global debt levels have exploded much higher

Can We Put Our Faith in Financial Markets?

Can We Put Our Faith in Financial Markets?

Henry Makow wonders: are the markets a mechanism to steal our souls as well as our money?

Israel applies to become founding member of China development bank

Following Britain, Tel Aviv joins 40 other countries in a move that is likely to widen its rift with Washington

Why Greece is the lynchpin that could unleash economic collapse, domestic martial law and global war

Why Greece is the lynchpin that could unleash economic collapse, domestic martial law and global war

The Greek crisis could unravel more than a cascade of debt. Mike Adams explains

Isolating Russia: Washington’s Failed Attempt to Exclude Russia from the SWIFT Bank Clearing System

At least in one area of international dealings common sense seems to have prevailed

Nearly At ‘Full Employment’?

Nearly At ‘Full Employment’?

10 reasons why the unemployment numbers are a massive lie

Lord Rothschild Warns Investors of ‘Most Dangerous Geopolitical Situation Since WWII’

The head of the Rothschild dynasty is probably in a better position than most to know what will unfold

Greece Syriza supporters celebrate. Click to enlarge

Toothless Lions: Socialists Betray Greece

Greece’s socialist leaders belong to the same club as the country’s creditors. Jane Burgermeister explains

Wayne Madsen:”Greek Finance Minister is a Globalist with ties to the International Banking Cartel!”

A trojan horse in the new Greek government? “It’s all in the branding,” says Wayne Madsen

Most Americans Are Slaves And They Don’t Even Know It

Kept in servitude by their own ignorance

How Greece Folded To Germany: The Complete Breakdown

A large number of promises that SYRIZA made in its election campaign will now be hard to fulfil

Barack Obama Says That What America Really Needs Is Lots More Debt

When it comes to taking a chainsaw to the future of America, nobody seems more eager than Barack Obama

Good News From Canada

Good News From Canada

A MAJOR court case has just taken place in Canada. It has received virtually zero publicity because it threatens the foundations of the debt based banking system globally

The founder of the Social Credit movement, Major Clifford Hugh Douglas 1879-1952

Social Credit- A Simple Explanation

Is the system formulated by CH Douglas the answer to our economic woes?

The Shemitah: The Biblical Pattern Which Indicates That A Financial Collapse May Be Coming In 2015

IF true the second half of this decade could be an economic nightmare