Tag Archives: Debt

Saker interview with Michael Hudson on Venezuela, February 7, 2019

By The Saker and Michael Hudson Source: The Saker Introduction: There is a great deal of controversy about the true shape of the Venezuelan economy and whether Hugo Chavez’ and Nicholas Maduro’s reform and policies were crucial for the people of … Continue reading

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The Recession Will Be Unevenly Distributed

By Charles Hugh Smith Source: Of Two Minds Those households, enterprises and organizations that have no debt, a very low cost basis and a highly flexible, adaptable structure will survive and even prosper. The coming recession will be unevenly distributed, … Continue reading

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Why Are so Few Americans Able to Get Ahead?

By Charles Hugh Smith Source: Of Two Minds Our entire economy is characterized by cartel rentier skims, central-bank goosed asset bubbles and stagnating earned income for the bottom 90%. Despite the rah-rah about the “ownership society” and the best economy … Continue reading

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Reimagining the Middle Class

In her new book, Alissa Quart chronicles what happens when capitalism and families collide By Ann Neumann Source: The Baffler AS THE ECONOMIC STATUS OF MANY in the United States has declined over the past several decades, journalists have often focused on … Continue reading

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Once We Awaken

By Rudy Avizius Source: OpEdNews.com Do you get a sense, that something is wrong like that dissonance, that does not belong As we move through the journey of life, many people are experiencing a sense of dis-ease, that something is … Continue reading

Posted in Activism, consciousness, Consumerism, Corporate Crime, culture, Economics, elites, Empire, Energy, Financial Crisis, Health, Inequality, media, Media Literacy, news, Oligarchy, Philosophy, propaganda, Revolution, Social Control, Social Engineering, society, Sociology, Spirituality | Tagged , , , , , , , , , , , , | 1 Comment

For Economic Truth Turn To Michael Hudson

By Paul Craig Roberts Source: PaulCraigRoberts.org Readers ask me how they can learn economics, what books to read, what university economics departments to trust. I receive so many requests that it is impossible to reply individually. Here is my answer. … Continue reading

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America’s Debt Dependence Makes It An Easy Economic Target

By Brandon Smith Source: Alt-Market.com There is a classic denial tactic that many people use when confronted with negative facts about a subject they have a personal attachment to; I would call it “deferral denial” — or a psychological postponing of … Continue reading

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Another Reason Young Americans Don’t Revolt Against Being Screwed

By Bruce E. Levine Source: CounterPunch “8 Reasons Young Americans Don’t Fight Back: How the US Crushed Youth Resistance” was originally published in 2011, then republished on several Internet sites, and has become one of my most viewed articles. The … Continue reading

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