Tag Archives: Economic Collapse

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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Corporate America Is an Anti-Social Black Plague: Negative Network Effects Run Amok

By Charles Hugh Smith Source: Of Two Minds The anti-social carnage unleashed by Corporate America’s “lock-in” / negative network effects has no real limits. Here’s the U.S.economy in a nutshell: Corporate America is an anti-social Black Plague, gorging on cartel-monopoly … 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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Is the U.S. Becoming a Third World Nation?

By Charles Hugh Smith Source: Of Two Minds This is a chart of an informal kleptocracy which cloaks itself in the faux finery of democracy and a (rigged) “market” economy. Back in the day, nations that didn’t qualify as either … Continue reading

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What globalism did was to transfer the US economy to China

By Paul Craig Roberts Source: Intrepid Report The main problem with the US economy is that globalism has been deconstructing it. The offshoring of US jobs has reduced US manufacturing and industrial capability and associated innovation, research, development, supply chains, … Continue reading

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American Apocalypse: The Government’s Plot to Destabilize the Nation Is Working

    By John W. Whitehead Source: The Rutherford Institute “The most dangerous man to any government is the man who is able to think things out … without regard to the prevailing superstitions and taboos. Almost inevitably he comes … Continue reading

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