Tag Archives: Stock Market

The Pandemic Is Accelerating Trends That Are Disrupting the Foundations of the Economy

By Charles Hugh Smith Source: Of Two Minds The problem is the economy that’s left has no means of creating tens of millions of jobs to replace those lost as the 1959 economic model collapses. Fundamentally, the economy of 2019 … Continue reading

Posted in Corporate Crime, culture, Economics, education, elites, Financial Crisis, Health, Labor, Neoliberalism, news, Oligarchy, Recession, Social Control, Social Engineering, society, Sociology, State Crime, Work | Tagged , , , , , , , , , , , | Leave a comment

Meet BlackRock, the New Great Vampire Squid

By Ellen Brown Source: Web of Debt BlackRock is a global financial giant with customers in 100 countries and its tentacles in major asset classes all over the world; and it now manages the spigots to trillions of bailout dollars … Continue reading

Posted in Corporate Crime, Corruption, culture, Economics, elites, Financial Crisis, news, Recession, Social Control, Social Engineering, society | Tagged , , , , , , , , , , , , , | Leave a comment

Re-Opening the Economy Won’t Fix What’s Broken

By Charles Hugh Smith Source: Of Two Minds Re-opening a fragile, brittle, bankrupt, hopelessly perverse and corrupt “normal” won’t fix what’s broken. The stock market is in a frenzy of euphoria at the re-opening of the economy. Too bad the … Continue reading

Posted in Corporate Crime, Corruption, culture, Dystopia, Economics, elites, Financial Crisis, Inequality, Oligarchy, Recession, Social Control, Social Engineering, society, Sociology, State Crime | Tagged , , , , , , , , , | 2 Comments

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 , , , , , , , , , , , , , , , , , , , , | Leave a comment

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

Posted in culture, Deep State, Economics, Empire, Financial Crisis, Geopolitics, Labor, Neoliberalism, Oligarchy, Recession, Social Control, Social Engineering, society, Sociology, Work | Tagged , , , , , , , , , , , , , , , , , | 1 Comment

The USA Is Now a 3rd World Nation

By Charles Hugh Smith Source: Of Two Minds I know it hurts, but the reality is painfully obvious: the USA is now a 3rd World nation. Dividing the Earth’s nations into 1st, 2nd and 3rd world has fallen out of favor; apparently it … Continue reading

Posted in civil liberties, Corporate Crime, culture, Dystopia, Economics, elites, Empire, Financial Crisis, History, Inequality, patriotism, police state, Social Control, Social Engineering, society, State Crime | Tagged , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Amazon and Apple: Wall Street’s Trillion Dollar Babies

By Dean Baker Source: CounterPunch Last month Amazon joined Apple, becoming the second company in the world to have a $1 trillion market capitalization. Amazon’s accomplishment didn’t cause quite as much celebration as Apple’s – it pays to be number … Continue reading

Posted in Corporate Crime, culture, Economics, elites, Financial Crisis, Inequality, media, Oligarchy, society, Technology | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

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

Posted in Corporate Crime, culture, Economics, elites, Financial Crisis, Inequality, Labor, Neoliberalism, Social Control, Social Engineering, society, Work | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment