Tag Archives: unemployment

This Is a Financial Extinction Event

By Charles Hugh Smith Source: Of Two Minds The lower reaches of the financial food chain are already dying, and every entity that depended on that layer is doomed. Though under pressure from climate change, the dinosaurs were still dominant … Continue reading

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The Free Market Is A Failure

By TheHipcrimeVocab Sorry for the deliberately click-bait-y headline, but I think this message is important to get out there. In my discussions few months back on What is Neoliberalism, I noted that a core element of neoliberal philosophy is that markets are … Continue reading

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Americans Have Already Skipped Payments On More Than 100 Million Loans, And Job Losses Continue To Escalate

By Michael Snyder Source: Economic Collapse Blog Those that have been hoping for some sort of a “V-shaped recovery” have had their hopes completely dashed.  U.S. workers continue to lose jobs at a staggering rate, and economic activity continues to … Continue reading

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Mass Distraction And Fake “V-Shaped” Recovery Provide Cover For The Fed Induced Crash

By Brandon Smith Source: Alt-Market.com This article, originally titled ‘The Fed Just Got Cover For The Collapse Of The US Economy’, was written by Brandon Smith and first published at Birch Gold Group The scapegoating has already started. In almost every … Continue reading

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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

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America’s Despair

By Vladimir Odintsov Source: New Eastern Outlook More and more people in the United States are feeling let down by American capitalism, and the population is being plunged into depression. This was the alarming conclusion reached by two researchers from … Continue reading

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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

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‘Deaths of despair’ soaring among Gen Z & millennials: ‘It’s the economy, stupid’

By Helen Buyniski Source: RT.com Young Americans are killing themselves in record numbers, the victims of a confluence of economic and sociological factors that have singled them out – even above a nationwide surge in so-called “deaths of despair.” Suicide … Continue reading

Posted in Consumerism, culture, Dystopia, Economics, education, Financial Crisis, Health, Inequality, Labor, Neoliberalism, Oligarchy, Recession, Social Control, Social Engineering, society, Sociology, Technology, Work | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment