Finance

Waltzing at the Doomsday Ball | Joe Bageant

Predator drone firing a hellfire missile. (Public domain)Capitalism is dead, but we still dance with the corpse Joe Bageant -- World News Trust July 6, 2010 -- AJIJIC, JALISCO, Mexico -- As an Anglo European white guy from a very long line of white guys, I want to thank all the brown, black, yellow and red people for a marvelous three-century joy ride. During the past 300 years of the industrial ...

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Meet BlackRock, the New Great Vampire Squid | Ellen Brown

June 22, 2020 (Web of Debt) -- BlackRock is a global financial giant with customers in 100 countries and its tentacles in major asset classes all over the world; and it now manages the spigots to tri ...

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Mohamed El-Erian: I’m ‘Uncomfortable’ Betting On Continued ‘Huge Recovery’ In The Stock Market | Matthew J. Belvedere

Mohamed El ErianJune 8, 2020 CNBC KEY POINTS Mohamed El-Erian, who in early March correctly called a coronavirus-driven bear market, told CNBC he’s reluctant to buy the recent reopening rally. “For m ...

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It's Official: U.S. Economy Is In A Recession | NPR

June 8, 2020 (NPR) -- It may seem obvious, with double-digit unemployment and plunging economic output. But if there was any remaining doubt that the United States is in a recession, it's now been re ...

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Another Bank Bailout Under Cover Of A Virus | Ellen Brown

Love you more... Insolvent Wall Street banks have been quietly bailed out again. Banks made risk-free by the government should be public utilities. May 18, 2020 (Web Of Debt) -- When the Dodd-Frank A ...

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US Election 2020 -- A New America Takes Over | LEAP GEAB 145

May 15, 2020 (LEAP) -- The next U.S. presidential election, despite its relatively normal exterior, is already showing some new features. For example: 1) It’s not the main point of interest on the pl ...

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Market Manipulation In The Age Of Pandemic Is Destroying Traditional Safe Havens | University of Sussex

Credit: Dmitry Demidko on UnsplashMay 14, 2020 (Phys.org) -- The coronavirus pandemic has created enormous volatility in global financial markets but prices of safe-haven assets such as gold and bitc ...

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Crushing the States, Saving the Banks | Ellen Brown

The Fed’s Generous New Rules May 2, 2020 (Web Of Debt) -- Congress seems to be at war with the states. Only $150 billion of its nearly $3 trillion coronavirus relief package -- a mere 5 percent -- ha ...

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What the Pandemic Revealed: a Morally Bankrupt Culture | Charles Hugh Smith

Monopolies, quasi-monopolies and cartels are inherently exploitive and thus evil. May 1, 2020 (OfTwoMinds.com) -- What was "normal" for the past two decades was to turn a blind eye to the moral and f ...

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A Universal Basic Income Is Essential And Will Work | Ellen Brown

A central bank-financed UBI can fill the debt gap, providing a vital safety net while preventing cyclical recessions. Ellen Brown -- Web Of Debt April 19, 2020 According to an April 6 article on CNBC ...

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Was the Fed Just Nationalized? | Ellen Brown

Did Congress just nationalize the Fed? No. But the door to that result has been cracked open Ellen Brown -- Web of Debt April 3, 2020 Mainstream politicians have long insisted that Medicare for all, ...

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