Tag Archives: Corporate Globalization

A Most Peculiar Recession

By Charles Hugh Smith Source: Of Two Minds So what are conventional pundits missing today? I would start with three dynamics. Only old people experienced real recessions–those in 1973-74 and 1980-82. Recessions since then have been shorter and less systemic. In the … Continue reading

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The United States Does Not Have an Economy

By Paul Craig Roberts Source: PaulCraigRoberts.org The US financial sector has long looted other countries.  A number of participants have described the process.  First a country is enticed with bribes to the leaders to take out loans that cannot be serviced or … Continue reading

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Wokeness is a Product of Neoliberalism

Why don’t more people make this connection? By Chad C. Mulligan Source: The Hipcrime Vocab Substack One thing I haven’t seen people point out anywhere else is how much the current atmosphere of “wokeness” is an outcome of neoliberalism. Let … Continue reading

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What is the “Global Public-Private Partnership”?

By Iain Davis Source: Off-Guardian The Global Public-Private Partnership (GPPP) is a world-wide network of stakeholder capitalists and their partners. This collective of stakeholders (the capitalists and their partners) comprises global corporations (including central banks), philanthropic foundations (multi-billionaire philanthropists), policy think-tanks, governments … Continue reading

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The U.S. Economy In a Nutshell: When Critical Parts Are On “Indefinite Back Order,” the Machine Grinds to a Halt

By Charles Hugh Smith Source: Of Two Minds Setting aside the “transitory inflation” parlor game for a moment, let’s look at what happens when critical parts are unavailable for whatever reason, for example, they’re on back order or indefinite back order, i.e. the … Continue reading

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Where’s Dirk Gently When You Need Him?

By Erik Assadourian Source: Resilience Did you hear? A supersized cargo ship got wedged in the Suez Canal on March 23rd? If you didn’t, you must do pretty well at avoiding the news, social media, and late night TV. But … Continue reading

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Economic effect of coronavirus could be revolutionary

By Paul Craig Roberts Source: Intrepid Report Coronavirus and globalism will teach us vital lessons. The question is whether we can learn vital lessons that do not serve the ruling interest groups and ideologies. Coronavirus will teach us that a … Continue reading

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The Economic Cataclysm Ahead

By Charles Hugh Smith Source: Of Two Minds The economic storm hasn’t passed; the false calm is only the eye of the financial hurricane. To understand the economic cataclysm ahead, do the math. Those expecting the Covid-19 pandemic to leave … Continue reading

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