Tag Archives: Debt

The US Middle Class is Shrinking and Moving Towards a “Dual Economy”

MIT Economist Peter Temin, the author of “The Vanishing Middle Class,” explains how the US is moving towards two economies, one for the lower 80% and one for the upper 20% By Gregory Wilpert and Peter Temin Source: Real News … Continue reading

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America’s Painful Self-delusion

By Allen Marshall Source: Information Clearing House America is the only nation brought forth by a set of beliefs, and those beliefs, captured so eloquently in our founding documents, are some of the most powerful and inspiring ever conceived. We … Continue reading

Posted in conditioning, consciousness, Corporate Crime, culture, Dystopia, Economics, Health, media, Philosophy, propaganda, Psy-ops, Psychology, Social Control, Social Engineering, society, Sociology, State Crime | Tagged , , , , , , , , , , , , , , , , , , | 6 Comments

Putting an End to the Rent Economy

By Michael Hudson and Vlado Plaga Source: Unz Review Interview with Vlado Plaga in the German magazine FAIRCONOMY, September 2017. Originally, you didn’t want to become an economist. How did it come that you changed your plans and digged so … Continue reading

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Boobs on Credit

By Jim Quinn Source: The Burning Platform Do you ever hear something so startlingly mind numbingly ridiculous you realize it must be a sign things have gotten so fucked up something has got to give? As I was driving to … Continue reading

Posted in Consumerism, Corporate Crime, culture, Deep State, Dystopia, Economics, Financial Crisis, Recession, Social Control, Social Engineering, society, Sociology | Tagged , , , , , , , , , , , , , | 1 Comment

Why We’re Doomed: Our Economy’s Toxic Inequality

By Charles Hugh Smith Source: Of Two Minds Anyone who thinks our toxic financial system is stable is delusional. Why are we doomed? Those consuming over-amped “news” feeds may be tempted to answer the culture wars, nuclear war with North … Continue reading

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The New Economy: Unemployment and the Return of the American Hobo

By Sheldon Greaves Source: Cogito! A few years ago I read somewhere about a trend in the “gig economy” in which people who had been reduced to living in their cars or RVs roamed the country by the thousands; homeless, … Continue reading

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Financialization, precarity and reactionary authoritarianism

By increasing global competition, the precariousness wrought by financialization has laid the foundations for reactionary authoritarianism around the world. By Max Haiven Source: ROAR Financialization: Fictitious Capital in Popular Culture and Everyday Life, released last month in paperback from Palgrave … Continue reading

Posted in Authoritarianism, Corporate Crime, culture, Dystopia, Economics, Geopolitics, Inequality, Neoliberalism, Philosophy, Social Control, Social Engineering, society, Sociology, State Crime | Tagged , , , , , , , , , , , , , , , | Leave a comment

When the Butterfly Flaps Its Wings

By James Howard Kunstler Source: Kunstler.com It remains to be seen what the impact will be from Mother Nature putting the nation’s fourth largest city out-of-business. And for how long? It’s possible that Houston will never entirely recover from Hurricane … Continue reading

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