Tag Archives: Economic Collapse

For Whom the Bell Tolls: A Report on the State of Planet Earth at Year’s End 2020

By Robert J. Burrowes In 1624, English poet John Donne penned his famous poem ‘No Man Is an Island’, sublimely evoking the reality of human unity: ‘Any man’s death diminishes me, because I am involved in mankind.’ Therefore, he concluded his poem, ‘never … Continue reading

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The Coming War on Wealth and the Wealthy

By Charles Hugh Smith Source: Of Two Minds Here’s looking at you, Federal Reserve–thanks for perfecting ‘legalized looting’ and neofeudalism in America. The problem with pushing a pendulum to its maximum extreme on one end is that it will swing … Continue reading

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The Top 10%’s Bubble Is About to Burst

By Charles Hugh Smith Source: Of Two Minds When the top 10%’s bubble pops in 2021, the loss of illusions/delusions of security and wealth will be shattering to all those who believed artifice and illusory “wealth” were real. A great … Continue reading

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“The Great Reset” Already Happened

By Charles Hugh Smith Source: Of Two Minds Put another way: the elites have cannibalized the system so thoroughly that there’s nothing left to steal, exploit or cannibalize. The global elites’ techno-fantasy of a completely centralized future, The Great Reset, is … Continue reading

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Lords of Misrule: UK Elites and the Rise of Global Feudalism

By Chris Floyd Source: Empire Burlesque I darkly suspect that the UK is entering a long winter of discontent and widespread upheaval, which will likely end with the replacement of the hapless opportunist Boris Johnson by someone even worse: the … Continue reading

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‘$2.5 TRILLION THEFT’ – STUDY SHOWS RICHEST 1% OF AMERICANS HAVE TAKEN $50 TRILLION FROM BOTTOM 90% IN RECENT DECADES

  The median U.S. worker salary would be around twice as high today if wages kept pace with economic output since World War II, new research revealed. By Brett Wilkins Source: Common Dreams New research published Monday found that the top … Continue reading

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The Economy Continues To Unravel Despite All Stimulus Measures

By Brandon Smith Source: Alt-Market.com Since the pandemic lockdowns were first implemented in the US I have been more concerned with the government and central bank response than the virus itself. As I have noted in past articles, the pandemic … Continue reading

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Global billionaire wealth tops $10 trillion as COVID-19 deaths mount

By Jacob Crosse Source: WSWS.org The collective wealth of the world’s 2,189 billionaires has risen to $10.2 trillion, an increase of nearly $1.3 trillion in the past three years, according to a new report by the Swiss bank UBS and … Continue reading

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