-
Donate Bitcoin
13876bPmb1Dhxy9oKkJQQbwgKkvpSbntvQ
Recent Comments
Category Archives: Recession
Sacrifice for Thee But None For Me
By Charles Hugh Smith Source: Of Two Minds The banquet of consequences for the Fed, the elites and their armies of parasitic flunkies and factotums is being laid out, and there won’t be much choice in the seating. Words can … Continue reading
Posted in Authoritarianism, Corporate Crime, Corporate Welfare, Corruption, culture, Economics, elites, Empire, Financial Crisis, Labor, news, Oligarchy, Recession, Social Control, Social Engineering, society, Sociology, State Crime
Tagged Cartels, economic crisis, Economics, elites, empire, Federal Reserve, Financial Colllapse, Financialization, Globalization, Job security, Middle Class, Monopolies, Oligarchy, purchasing power, Roman Empire, Sacrifice, social mobility
Leave a comment
An Unprecedented 1,640 CEOs Departed in 2019; Now Execs Are Dumping Stock at Highest Pace Since 2006
By Pam Martens and Russ Martens Source: Wall Street on Parade A rather fascinating picture is emerging that suggests that things were not as rosy in the U.S. economic landscape prior to the pandemic as President Donald Trump and his … Continue reading
Posted in Corporate Crime, Corruption, culture, Dystopia, Economics, elites, Financial Crisis, History, Inequality, news, Oligarchy, Recession, Social Control, Social Engineering, society, State Crime
Tagged Economic Collapse, economic inequality, Economics, elites, Federal Reserve, financial crisis, Glass-Steagall Act, Oligarchy, wall street
1 Comment
The Pandemic Is Accelerating Trends That Are Disrupting the Foundations of the Economy
By Charles Hugh Smith Source: Of Two Minds The problem is the economy that’s left has no means of creating tens of millions of jobs to replace those lost as the 1959 economic model collapses. Fundamentally, the economy of 2019 … Continue reading
Posted in Corporate Crime, culture, Economics, education, elites, Financial Crisis, Health, Labor, Neoliberalism, news, Oligarchy, Recession, Social Control, Social Engineering, society, Sociology, State Crime, Work
Tagged coronavirus, Covid-19, Economic Collapse, Economics, Education, financial crisis, Financialization, healthcare, Pandemic, Peter Drucker, Stock Market, unemployment
Leave a comment
If the “Market” Never Goes Down, The System Is Doomed
By Charles Hugh Smith Source: Of Two Minds The reliance on “good news” narratives dooms our financial system and economy to a death spiral once reality breaks through the induced euphoria. “Markets” that never go down aren’t markets, they’re signaling … Continue reading
Posted in corporate news, culture, Economics, elites, Empire, Financial Crisis, media, Neoliberalism, news, Recession, Social Control, Social Engineering, society, Sociology, State Crime
Tagged Cancer, central banks, Corporate Crime, Economic Collapse, Economics, financial crisis, Market Crash, Narrative, wall street
1 Comment
Stories Of Economic Despair From America’s Worst Economic Downturn Since The Great Depression Of The 1930s
By Michael Snyder Source: End of the American Dream The economic pain that we are witnessing right now is far greater than anything that we witnessed during the last recession. U.S. GDP declined by 32.9 percent on an annualized basis … Continue reading
Posted in Corporate Crime, culture, Dystopia, Economics, elites, Financial Crisis, Housing Crisis, Inequality, news, Oligarchy, Recession, Social Control, Social Engineering, society, Sociology, State Crime
Tagged coronavirus, Economic Collapse, Economics, Evictions, financial crisis, Homelessness, Mass Poverty, Oligarchy, restaurant apocalypse, unemployment
Leave a comment
Why Does It Feel Like We’re in “Life During Wartime”?
By Charles Hugh Smith Source: Of Two Minds The laughably hopeless hope is that by propping up the corpses, the populace will discern some faint flicker of life in the decaying carcasses and return to their free-spending ways. Call it cultural … Continue reading
Posted in Corporate Crime, culture, Dystopia, Economics, elites, Financial Crisis, Inequality, news, Oligarchy, propaganda, Recession, Social Control, State Crime, surveillance state, Technocracy
Tagged Bailouts, Big Pharma, Big Tech, Economic Collapse, Economics, Federal Reserve, financial crisis, Life During Wartime, Oligarchy, Pandemic, propaganda, Technocracy, Vaccines
Leave a comment
A Bigger Picture
By James Howard Kunstler Source: Kunstler.com The Covid-19 virus itself didn’t run the United States into a ditch but it exposed the weakness and rot in the nation’s drive-train, and now all of us passengers on that disabled bus must … Continue reading
Posted in Corporate Crime, Corruption, culture, Economics, Empire, Financial Crisis, Inequality, news, Oligarchy, Recession, Social Control, Social Engineering, society, Sociology, State Crime
Tagged Covid-19, Economic Collapse, Economics, Election 2020, financial crisis, Oligarchy, Pandemic
Leave a comment
This Is a Financial Extinction Event
By Charles Hugh Smith Source: Of Two Minds The lower reaches of the financial food chain are already dying, and every entity that depended on that layer is doomed. Though under pressure from climate change, the dinosaurs were still dominant … Continue reading
Posted in culture, Economics, Financial Crisis, Inequality, news, Oligarchy, Recession, Social Control, Social Engineering, society, Sociology
Tagged bankruptcies, central banks, consumer spending, Consumerism, coronavirus, Covid-19, defaults, Economic Collapse, Economics, financial crisis, Global Economy, unemployment
Leave a comment
