Tag Archives: Debt

The Final Act

By Dmitry Orlov Source: Club Orlov In processing the flow of information about the goings on in the US, it is impossible to get rid of a most unsettling sense of unreality—of a population trapped in a dark cave filled … Continue reading

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Neoliberal Economics Destroyed the Economy and the Middle Class

By Paul Craig Roberts Source: PaulCraigRoberts.com According to official US government economic data, the US economy has been growing for 10.5 years since June of 2009. The reason that the US government can produce this false conclusion is that costs … Continue reading

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Costs Are Spiraling Out of Control

By Charles Hugh Smith Source: Of Two Minds And how do we pay for these spiraling out of control costs? By borrowing more, of course. If we had to choose one “big picture” reason why the vast majority of households … Continue reading

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This holiday season, American workers have little to celebrate

By Danny Haiphong Source: Intrepid Report Every year, much of the U.S. population celebrates Thanksgiving and Christmas to show appreciation for their families and friends. Thanksgiving normalizes the colonial origins of the United States and erases the brutality of the … Continue reading

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The Economic Crash So Far: A Look At The Real Numbers

By Brandon Smith Source: Alt-Market.com There are many problems when attempting to track a faltering economy. For one, the people in government generally do not want the public to know when the system is in decline because this looks bad … Continue reading

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The Need for a Greater Vision: Recognizing Reality

By Jennifer Ladd Source: Resilience Question Beliefs We live in a culture that is embedded in unquestioned beliefs passing as truth. These beliefs are the source of our current crisis. We attempt to solve the problems of degradation of our … Continue reading

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The Key to a Sustainable Economy Is 5,000 Years Old

By Ellen Brown Source: Truthdig We are again reaching the point in the business cycle known as “peak debt,” when debts have compounded to the point that their cumulative total cannot be paid. Student debt, credit card debt, auto loans, … Continue reading

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Unrealistically Great Expectations

By Charles Hugh Smith Source: Of Two Minds Our expectations have continued ever higher even as the pie is shrinking.. Let’s see if we can tie together four social dynamics: the elite college admissions scandal, the decline in social mobility, the … Continue reading

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