Tag Archives: Economic Collapse

What’s Wrong with the Economy: 9 Toxic Dynamics

By Charles Hugh Smith Source: Of Two Minds These nine dynamics are mutually reinforcing. Beneath the surface signals of an eternally rising stock market and expanding GDP, we all sense something is deeply, systemically wrong with the U.S. economy. These … Continue reading

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Why America is the World’s First Poor Rich Country

Or, How American Collapse is Made of a New Kind of Poverty By Umair Haque Source: Eudaimonia Consider the following statistics. The average American can’t scrape together $500 for an emergency. A third of Americans can’t afford food, shelter, and healthcare. … Continue reading

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USA in a Debt Trap Death Spiral

By F. William Engdahl Source: New Eastern Outlook The US economy and its financial structures have never recovered from the great financial meltdown of 2008 despite the passage of ten years. Little discussion has been given to the fact that … Continue reading

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The Coming Collapse

By Chris Hedges Source: Occupy.com The Trump administration did not rise, prima facie, like Venus on a half shell from the sea. Donald Trump is the result of a long process of political, cultural and social decay. He is a … Continue reading

Posted in Activism, Authoritarianism, censorship, civil liberties, Corporate Crime, corporate news, Corruption, culture, Dirty Politics, divide and conquer, Dystopia, Economics, elites, Empire, Environment, Financial Crisis, Health, Inequality, media, Philosophy, police state, propaganda, Psy-ops, Recession, Social Control, Social Engineering, society, State Crime | Tagged , , , , , , , , , , , , , , , , , , , , , | 4 Comments

Assets of world’s “high net wealth” millionaires surged to $70 trillion in 2017

By Barry Grey Source: WSWS.org The concentration of the planet’s wealth in the hands of a narrow financial elite is growing by leaps and bounds. A new report published Tuesday reveals that the wealth of the world’s 18.1 million “high … Continue reading

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America’s Dystopian Future

By Robert Hunziker Source: CounterPunch Imagine a privatized America where rugged individualism reigns supreme within a vast network of corporate America, Inc., similar to 19th century wild west lifestyle, no social security, no Medicare, no Medicaid, no public law enforcement … Continue reading

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US Collapse – the Spectacle of Our Time

By Finnian Cunningham Source: Axis of Logic May you live in interesting times, goes the Chinese proverb. Few can doubt that we are indeed living in such an interesting time. Big changes are afoot in the world, it seems. None … Continue reading

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What Lies Beyond Capitalism and Socialism?

By Charles Hugh Smith Source: Of Two Minds The status quo, in all its various forms, is dominated by incentives that strengthen the centralization of wealth and power. As longtime readers know, my work aims to 1) explain why the … Continue reading

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