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Category Archives: Recession
What “Normal” Are We Returning To? The Depression Nobody Dares Acknowledge
By Charles Hugh Smith Source: Of Two Minds Perhaps we need an honest national dialog about declining expectations, rising inequality, social depression and the failure of the status quo. Even as the chirpy happy-talk of a return to normal floods the airwaves, … Continue reading
Posted in conditioning, Corporate Crime, corporate news, culture, Dystopia, Economics, education, elites, Financial Crisis, Inequality, Labor, media, Oligarchy, Psychology, Recession, Social Control, Social Engineering, society, Sociology, State Crime, Work
Tagged American exceptionalism, Anger, Corporate Welfare, culture, despair, downward mobility, Economic Collapse, economic inequality, Economics, Education, financial crisis, Inequality, Middle Class, Oligarchy, psychology, recession, social defeat, society, Sociology, systemic injustice, unemployment, Wealth Disparity
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The Top 10%’s Bubble Is About to Burst
By Charles Hugh Smith Source: Of Two Minds When the top 10%’s bubble pops in 2021, the loss of illusions/delusions of security and wealth will be shattering to all those who believed artifice and illusory “wealth” were real. A great … Continue reading
Posted in Corporate Crime, Corruption, culture, Dystopia, Economics, elites, Financial Crisis, Inequality, Neoliberalism, Oligarchy, Recession, Revolution, Social Control, Social Engineering, society, Sociology, State Crime, Technocracy
Tagged asset deflation, Dystopia, economic bubbles, Economic Collapse, economic inequality, Economics, elites, Federal Reserve, financial crisis, Financialization, Globalization, Income Inequality, Meritocracy, Neoliberalism, Oligarchy, Technocracy
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Our Frustrations Run Far Deeper Than Covid Lockdowns
By Charles Hugh Smith Source: Of Two Minds The reality is the roulette wheel is rigged and only chumps believe it’s a fair game. It’s easy to lay America’s visible frustrations at the feet of Covid lockdowns or political polarization, … Continue reading
Posted in Corporate Crime, culture, Dystopia, Economics, elites, Empire, Financial Crisis, Inequality, Law, Oligarchy, Recession, Social Control, Social Engineering, society, State Crime, Technocracy
Tagged central banks, coronavirus, corporate cronies, Covid-19, culture, Economics, elites, Federal Reserve, financial crisis, Frederic Bastiat, Inequality, Injustice, lockdown, Oligarchy, Plutocracy, Precariats, society, systemic unfairness, Wealth Gap
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“The Great Reset” Already Happened
By Charles Hugh Smith Source: Of Two Minds Put another way: the elites have cannibalized the system so thoroughly that there’s nothing left to steal, exploit or cannibalize. The global elites’ techno-fantasy of a completely centralized future, The Great Reset, is … Continue reading
Posted in Corporate Crime, culture, Dystopia, Economics, elites, Empire, Financial Crisis, Neoliberalism, Oligarchy, Recession, Social Control, Social Engineering, society, State Crime, Technocracy, Technology
Tagged Economic Collapse, Economics, Federal Reserve, financial crisis, Financialization, Global Elites, Globalization, gold standard, Neoliberalism, Oligarchy, Plutocracy, Technocracy, The Great Reset, trade deficits
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America’s Economy Cannot Survive Another Lockdown, And The Cult Of The Reset Knows It
By Brandon Smith Source: Alt-Market.us The U.S. economy has been on the verge of collapse for at least a decade, ever since the crash of 2008 and the subsequent explosion in fiat stimulus from the Federal Reserve. While the mainstream … Continue reading
Posted in Authoritarianism, black ops, conditioning, culture, Dystopia, Economics, elites, Financial Crisis, History, Inequality, news, Oligarchy, Recession, Social Control, Social Engineering, society, Technocracy
Tagged Bailouts, coronavirus, Covid-19, Economics, elites, Federal Reserve, financial crisis, Globalists, Justin Trudeau, Klaus Shwab, lockdown, Oligarchy, Poverty, Technocracy, The Great Reset, unemployment, World Economic Forum, zombie economy
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What’s the future of U.S. democracy? More inequality, polarization and violence
It might have been irrelevant whether Biden or Trump won this election. Yes, the problems are that bad By Ramzy Baroud Source: Information Clearing House In January 2017, the Economist Intelligence Unit’s Democracy Index downgraded the state of democracy in the United … Continue reading
Posted in Authoritarianism, Corruption, culture, Deep State, Economics, elites, Empire, Financial Crisis, Inequality, Militarization, Oligarchy, Recession, Social Control, Social Engineering, society, State Crime
Tagged bernie sanders, Democracy Index, Democrats, Donald Trump, Election 2020, Failed State, financial crisis, Income Inequality, inequality gap, Militarization, Oligarchy, Plutocracy, Political polarization, Populism, Republicans
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‘$2.5 TRILLION THEFT’ – STUDY SHOWS RICHEST 1% OF AMERICANS HAVE TAKEN $50 TRILLION FROM BOTTOM 90% IN RECENT DECADES
The median U.S. worker salary would be around twice as high today if wages kept pace with economic output since World War II, new research revealed. By Brett Wilkins Source: Common Dreams New research published Monday found that the top … Continue reading
Posted in Corporate Crime, culture, Dystopia, Economics, elites, Financial Crisis, Labor, Neoliberalism, news, Oligarchy, Recession, Social Control, Social Engineering, society, State Crime
Tagged Amazon, Americans for Tax Fairness, Billionaires, Economic Collapse, Economics, elites, Fair Work Center, financial crisis, food insecurity, Income Inequality, Jeff Bezos, Oligarchy, Poverty, Wealth Gap
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Global billionaire wealth tops $10 trillion as COVID-19 deaths mount
By Jacob Crosse Source: WSWS.org The collective wealth of the world’s 2,189 billionaires has risen to $10.2 trillion, an increase of nearly $1.3 trillion in the past three years, according to a new report by the Swiss bank UBS and … Continue reading
Posted in Corporate Crime, Corporate Welfare, culture, Dystopia, Economics, elites, Financial Crisis, Inequality, news, Oligarchy, Recession, Social Control, Social Engineering, society, Sociology
Tagged bailout, Billionaires, covid profiteers, Economic Collapse, economic inequality, elites, Federal Reserve, financial crisis, Institute for Policy Studies, Jeff Bezos, Mass Poverty, Neoclassical Economics, Oligarchs, Oligarchy, Plutocracy, Riding the Storm, unemployment, Wealth Concentration
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