The Science of Predicting the Next Financial Crisis

The end really is near: a play-by-play of the coming economic collapse Steve Keen is a Professor of Economics at Kingston University with a focus on analyzing capitalism as a monetary system What will happen: I expect a boom before a slump, and a pretty messy economic performance overall. And I expect a small downturn … Continue reading The Science of Predicting the Next Financial Crisis

S&P Suffers Worst Christmas Eve Crash On Record: “It would be in our nation’s best interest if the President and Treasury Secretary stopped what they are doing.”

"The recent actions of the President and the Treasury Secretary, however, have been erratic and are creating uncertainty and instability in the markets. It would be in our nation’s best interest if they stopped what they are doing." A Horrified Wall Street Reacts To The Mnuchin Massacre by Tyler Durden ZeroHedge Dec 24, 2018 Heading … Continue reading S&P Suffers Worst Christmas Eve Crash On Record: “It would be in our nation’s best interest if the President and Treasury Secretary stopped what they are doing.”

The Donald’s Trump Bump is 60% Gone

At Friday’s close fully 60% of the Trump Bump in the S&P 500 was liquidated. And we have some nice round numbers to show for it. by David Stockman  Anti-War December 22, 2018 The broad market index stood at 2140 just hours before the shocking 2016 election results were reported, and rose by 800 points from … Continue reading The Donald’s Trump Bump is 60% Gone

Survival of the Richest: Doomsday Prep for the Super-Rich

Some of the wealthiest people in America—in Silicon Valley, New York, and beyond—are getting ready for the crackup of civilization. by   Evan Osnos  New Yorker Steve Huffman, the thirty-three-year-old co-founder and C.E.O. of Reddit, which is valued at six hundred million dollars, was nearsighted until November, 2015, when he arranged to have laser eye … Continue reading Survival of the Richest: Doomsday Prep for the Super-Rich

A Propagandist of Privatization

by RON JACOBS Counterpunch Dec 14, 2018 Recently, a champion of capitalism named Alexander Markovsky penned an absurd little column for the website of The Hill, a publication dedicated to covering Capitol Hill and read by hundreds of Congresspeople and their staffs. The column was an argument for the privatization of America’s infrastructure: Let capitalism — not … Continue reading A Propagandist of Privatization

Extinction Rebellion Convenes ‘People’s Congress’ at U.S. Capitol

By Anne Meador DCMG Dec 4, 2018 Washington, DC—The release this fall of several new reports on the effects of climate change has given a new sense of urgency to the climate movement. Even though some say the reports may still be too conservative in their findings, scientists finally seem to be hitting the panic … Continue reading Extinction Rebellion Convenes ‘People’s Congress’ at U.S. Capitol

What It Means That Hillary Clinton Might Run for President in 2020

By Norman Solomon Reader Supported News Dec 4, 2018 Twenty-five years ago – when I wrote a book titled “False Hope: The Politics of Illusion in the Clinton Era” – I didn’t expect the Democratic Party would still be mired in Clintonism two and a half decades later. But such approaches to politics continue to haunt the party … Continue reading What It Means That Hillary Clinton Might Run for President in 2020