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Tag Archives: recession
Corporate Looting as ‘Rescue Plan,’ Robber Barons as ‘Saviors’
By Joshua Cho Source: FAIR.org For a perfect illustration of how corporate media function as ruling class propaganda, watch how they spin a titanic upward redistribution of wealth as a “rescue plan” for the US economy, and paint a robber … Continue reading
Posted in Authoritarianism, Corporate Crime, corporate news, Corporate Welfare, Corruption, culture, Dystopia, Economics, elites, Empire, Financial Crisis, Inequality, media, Media Literacy, news, Oligarchy, propaganda, Psy-ops, Recession, Social Control, Social Engineering, society, Sociology, State Crime
Tagged Bailouts, CARES act, Committee for a Responsible Budget, coronavirus, corporate media, Covid-19, Democrats, Donna Shalala, Dystopia, economic inequality, Economics, economy, financial crisis, Mainstream Media, Media Literacy, MSM media, Nancy Pelosi, Oligarchy, Pandemic, propaganda, recession, Republicans, Special Purpose Vehicles, Steve Mnuchin
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A Debt Jubilee Is the Only Way to Avoid a Depression
By Michael Hudson Source: The Unz Review Even before the coronavirus appeared, many American families were falling behind on student loans, auto loans, credit card balances and other payments. America’s debt overhead was pricing its labor and industry out of … Continue reading
Posted in culture, Economics, Financial Crisis, History, Inequality, Labor, Oligarchy, Recession, Social Engineering, society, Sociology
Tagged coronavirus, Covid-19, Debt, Debt Jubilee, Economic Collapse, Economics, financial crisis, Gospel of Luke, Labor, Poverty, recession, society, unemployment, yobel
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From Quarantine To Tyranny To Rebellion: Where Is The Line In The Sand?
By Brandon Smith Source: Alt-Market.com America is in a haze right now. It seems like half the country is in denial of the danger while the other half is awaking from apathy and frantically trying to prepare. This is creating … Continue reading
Posted in Authoritarianism, conditioning, culture, Deep State, Dystopia, Economics, Empire, Financial Crisis, Neoliberalism, news, police state, Psy-ops, Recession, Social Control, Social Engineering, society, State Crime, surveillance state
Tagged coronavirus, Covid-19, Economic Collapse, Economics, Financial Crash, Globalization, Government, herd immunity, Liberty, Martial Law, Pandemic, police state, prepper movemen, quarantine, recession, Totalitarianism, tyranny, vaccination
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The Covid-19 Dominoes Fall: The World Is Insolvent
By Charles Hugh Smith Source: Of Two Minds Subtract their immense debts and they have negative net worth, and therefore the market value of their stock is zero. To understand why the financial dominoes toppled by the Covid-19 pandemic lead … Continue reading
The Economic Cataclysm Ahead
By Charles Hugh Smith Source: Of Two Minds The economic storm hasn’t passed; the false calm is only the eye of the financial hurricane. To understand the economic cataclysm ahead, do the math. Those expecting the Covid-19 pandemic to leave … Continue reading
Posted in culture, Economics, Financial Crisis, Health, Neoliberalism, Oligarchy, Recession, Social Control, Social Engineering, society
Tagged central banks, coronavirus, Corporate Globalization, Covid-19, Debt, Economics, financial crisis, Pandemic, Precariat, Public Health, recession, Service Economy, U.S. Economy
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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
Posted in Corporate Crime, Corruption, culture, Economics, elites, History, Housing Crisis, Inequality, Labor, Neoliberalism, propaganda, Psy-ops, Recession, Social Control, Social Engineering, society, State Crime, Work
Tagged BLS, Bureau of Labor Statistics, Conspiracy theory, Debt, Economic Crash, Economics, elites, Federal Reserve, Financial Bubble, financial crisis, GDP, Housing Crisis, Labor, millennials, Real Wages, recession, Retirement, Stock Market, U.S. manufacturing, unemployment, Work
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The Unraveling Quickens
By Charles Hugh Smith Source: Of Two Minds Even if we don’t measure the erosion of intangible capital, the social and political consequences of this impoverishment are manifesting in all sorts of ways. The central thesis of my new book … Continue reading
Posted in Corporate Crime, culture, Economics, elites, Financial Crisis, Inequality, Neoliberalism, Recession, Social Engineering, society, State Crime
Tagged 1%, culture, economic inequality, Economics, elites, financial crisis, Financialization, income gap, Inflation, Over-speculation, Precariat, recession, social disorder, society, Wages, Wealth, Wealth Disparity
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