Economics

Economics, money, trade, business and spending

AIPACs Fed Candidate Stanley Fischer on a Warpath against Iran

AIPACs Fed Candidate Stanley Fischer on a Warpath against Iran

Appointing an openly dual Israeli-American citizen into the most important central bank in the world could be a watershed moment

How U.S. spying cost Boeing multibillion-dollar jet contract

How U.S. spying cost Boeing multibillion-dollar jet contract

Boeing looked set to win a multi-billion dollar deal to supply Brazil with its next generation of fighter jet. Or it did until Snowden’s revelations reportedly enraged Brazilian President Rousseff

Camden, New Jersey: One Of Hundreds Of U.S. Cities That Are Turning Into Rotting, Decaying Hellholes

If you are waiting for U.S. politicians to fix America’s decaying infrastructure, you are going to wait for a very long time.

Banks and the State

Banks and the State

In the Soviet Union, it was the state that swallowed up all the property, as well as tens of millions of lives, in its insane drive for total power and control. In the United States today, it is the banks who are fulfilling that function

Rationalizing Usury: the Time Value Hoax

Rationalizing Usury: the Time Value Hoax

The rich are just insanely addicted to money and want more. So they pay tricksters otherwise known as economists to think up new ways to defraud us. Anthony Migchels explains

Stunnning Chart: Today’s Stock Market is Eerily Reminiscent of 1929…

Stunnning Chart: Today’s Stock Market is Eerily Reminiscent of 1929…

Have we seen before? Or are we destined to repeat the mistakes of the past?

15 Signs That We Are Near The Peak Of An Absolutely Massive Stock Market Bubble

The current bubble could burst at any moment, or stocks could continue going up for a little while longer. It could go either way. So do you feel lucky?

The Money Changers Serenade: A New Plot Hatches

In reward for his service to the handful of gigantic banks former Treasury Secretary Timothy Geithner is on his way to a fortune. Paul Craig Roberts explains

London's financial hub: Canary Wharf. Click to enlarge

City pay explosion leaves London with 2,700 bankers earning more than a million

The rich get richer: the capitol’s bankers reap massive rewards and prove that the City of London is still a world leader in financial markets

Would You Date An Unemployed Man? – 75 Percent Of Women Would Not

Would You Date An Unemployed Man? – 75 Percent Of Women Would Not

This isn’t just about economic decline. It speaks volumes about how materialism has become the predominant ethos in America

5 Signs the Rich Have Way Too Much Money

This isn’t about the rich or even the comfortably well-off. It’s about the obscenely wealthy who pay $500 for a milkshake and $5,000 for a hamburger. Finishing them off with a $95,000 truffle!!

A Litmus Test: Will You Arrest The Bankers?

A Litmus Test: Will You Arrest The Bankers?

Dare to imagine a world without Wall Street and the City of London. We can do it.

Bill Still’s Speech at Bromsgrove 2010

“Power to create … national money is the most important power of a sovereign nation. In fact it is the very definition of sovereignty. The problem is when a nation borrows from a bank, as Proverbs tells us, the borrower becomes servant to the lender”

10 Facts About The Growing Unemployment Crisis In America That Will Blow Your Mind

10 Facts About The Growing Unemployment Crisis In America That Will Blow Your Mind

Things are bad now, that’s a fact but soon they will get much worse

Tide Thefts, Cargo Hijacking And Cattle Rustling: Why Is An Epidemic Of Thievery Sweeping America?

As the economy slides an increasing number of Americans will do just about anything for money

The Scam Wall Street Learned From the Mafia

The Scam Wall Street Learned From the Mafia

Matt Taibbi explains how a recent corruption case revealed the inner workings of the reigning US crime syndicate, which now operates not out of Little Italy and Las Vegas, but out of Wall Street.

The Bank Guarantee That Bankrupted Ireland

The Bank Guarantee That Bankrupted Ireland

Ireland is now independent in name only, writes Ellen Brown. It exists under a new tyranny, one imposed by the banks and the troika—the EU, ECB and IMF

29 Incredible Facts Which Prove That Poverty In America Is Absolutely Exploding

For example, there are actually more Americans living on welfare than those with full-time jobs

US already third world economy: American economist

According to Paul Craig Roberts, former Assistant Secretary of the U.S. Treasury: “America is in the toilet, and the rest of the world knows it”

Citi forecasts Greek devastation, unstoppable debt spirals in Italy and Portugal

Ambrose Pritchard-Evans reports on a grim economic forecast for southern Europe in the years ahead.