Tag Archives: Stock Market

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

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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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A 2% Financial Wealth Tax Would Provide A $12,000 Annual Stipend To Every American Household

Careful analysis reveals a number of excellent arguments for the implementation of a Universal Basic Income. By Paul Buchheit Source: Nation of Change It’s not hard to envision the benefits in work opportunities, stress reduction, child care, entrepreneurial activity, and … Continue reading

Posted in Corporate Welfare, culture, Economics, elites, Financial Crisis, Inequality, Labor, Recession, society, Sociology, Technology, Work | Tagged , , , , , , , , , , , , , , , , , , , , | 7 Comments

A Stock Market Primer, in Six Easy Steps

By William Kaufman Source: CounterPunch What is the stock market? 1) It’s not real economic activity—it’s a form of mass hysteria or mass psychosis. 2) Stock prices reflect a mass-hysteria impression of the worth of a piece of paper you … Continue reading

Posted in Corporate Crime, corporate news, Corporate Welfare, Corruption, culture, Economics, elites, Empire, Financial Crisis, Inequality, media, propaganda, Social Control, Social Engineering, society, State Crime | Tagged , , , , , , , , , , , , , , , , | 1 Comment

Slowly, Then All at Once

By James Howard Kunstler Source: Clusterfuck Nation The staggering incoherence of the election campaign only mirrors the shocking incapacity of the American public, from top to bottom, to process the tendings of our time. The chief tending is permanent worldwide … Continue reading

Posted in Authoritarianism, culture, Dirty Politics, Dystopia, Economics, Election Fraud, Empire, Financial Crisis, news, Recession, Social Control, society, State Crime | Tagged , , , , , , , , , , , , , | 1 Comment

How Do You Know When Your Society Is In The Midst Of Collapse?

By Brandon Smith Source: Activist Post As economic turmoil worldwide becomes increasingly apparent, I have been receiving messages from readers expressing some concerns on the public “perception” of collapse. That is to say, there are questions on the average person’s … Continue reading

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