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Economy

The Collapse of the American Empire?

The Agenda welcomes Pulitzer Prize-winning journalist Chris Hedges, who over the past decade and a half has made his name as a columnist, activist and author. He’s been a vociferous public critic of presidents on both sides of the American political spectrum, and his latest book, ‘America, the Farewell Tour,’ is nothing short of a […]

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GM to slash 14,700 jobs in North America

General Motors will lay off 14,700 factory and white-collar workers in North America and put five plants up for possible closure as it restructures to cut costs and focus more on autonomous and electric vehicles. The reduction includes 8,100 white-collar workers, some of whom will take buyouts and others who will be laid off.

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Chances of US Recession Increase Amid Mounting Risks – Reports

Economic experts from major international financials, academic circles, and government agencies say the US is facing mounting risks of a recession due to elevated uncertainty in international trade, a possible slowdown in domestic investment, and rising costs of doing business.

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Global Financial Markets Dive Following US Tech Stocks Crash

The continued fall of FAANG stocks – Facebook, Apple, Amazon, Netflix and Google – on Monday left the blue-chip basket of equities down almost $730 billion after a six-week sustained decline, stoking investor fears of the US technology sector entering a bear market.

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Here’s the biggest myth about the ’Trump economy’

Nearly every media outlet repeats this idea constantly, but it’s just not true. With unemployment near record lows, President Donald Trump deserves substantial credit for the strength of the economy, right? This is a common refrain — and not just from Trump’s allies. Many in the media point to the economy as a sign of Trump’s strength, […]

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Why America Just Goes On Collapsing – Eudaimonia and Co

America Doesn’t Have a True Political Opposition That Offers a New Social Contract — And the Price is Collapse. The day after the election. Another mass shooting. A reporter “banned.” A dubious appointment to high office. Demonization and scapegoating — “they’ve invading us!” — redoubled and unabated.

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German Media Admits Russia’s ‘Paradox’ Economic Growth Despite Sanctions

The Russian economy is currently in good shape, posting its first state budget surplus after years of deficit, according to a report published by the German outlet Welt. This “paradox” may have something to do with the new dynamics of the country’s currency, the ruble, and growing oil prices.

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If you don’t know you’re in a stock market bubble, you never see the pins – Peter Schiff

Last week’s stock market nosedive signaled more pain ahead, culminating in a financial catastrophe if the growing economic bubble bursts, says Peter Schiff, CEO of Euro Pacific Capital.

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Economic Update: A Deepening Crisis of Capitalism

Help us reach 100,000 subscribers and gain access to more studio time! Please hit the red SUBSCRIBE button above. ^^^ Support the show! Become an EU patron on Patreon: https://www.patreon.com/economicupdate A Deepening Crisis of Capitalism How to Profit from the Coming Trump Train Wreck – Peter Schiff Gerald Celente – Economic Meltdown Worse than Great […]

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US economy about to collapse, taking down dollar & American standard of living – Peter Schiff

Tuesday’s US stock plunge following a massive selloff on global markets is seen by some analysts as a sign of more bad things to come. RT talked to veteran stock broker Peter Schiff to explore the issue in depth. After the dramatic early drop, US stocks recovered but finished lower after a wild day on […]

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WHAT IS THE PETRODOLLAR???

This video analyses the wars in the middle east and the geopolitical issues that may lead to a confrontation between Russia, China, Iran and their allies, and the US and it’s allies, which include Britain, Saudi Arabia and Qatar. WHAT IS THE PETRODOLLAR? What is the Petrodollar and Why Does It Matter Was The End […]

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Russia & China preparing to ditch dollar for national currencies in trade – top official

Russia’s Ministry of Economic Development said on Thursday that Moscow and Beijing are working on an inter-governmental agreement to boost the use of the ruble and yuan in mutual trade settlements. “The document is currently being prepared, the process is not easy,” said Deputy Minister of Russia’s Economic Development Sergey Gorkov, as quoted by TASS.

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Yanis Varoufakis: “MONEY AND POWER” | Public Lecture 2015

“Flooding Europe with Democracy” | Public lecture at Vienna’s University of Economics Vienna University of Economics and Business (WU) is the largest business and … in Europe, and it hosts 450 annual exchange students from 210 universities and 50 … Students love to talk business at WU, but student activities, including sports … With a […]

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Beginning of the end? US equities sell-off wave affecting global economy – Jim Rogers

The sell-off wave that has hit US equities this week is also affecting the world’s other economies, veteran trader Jim Rogers has told RT. The investor is predicting a ‘very bad’ bear market ahead. America is [the] largest debtor nation in the history of the world and the largest economy in the world.

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Will Trump’s Trade War Spur a Major Crash?

Anya Parampil reports on blowback from metals tariffs, specifically Ford’s $1 billion loss in profit that could lead to layoffs of up to 24,000 workers. Richard Wolff, Professor Of Economics & International Affairs and Co-Founder of “Democracy at Work” joins the show to explain why Trump’s “America first” policies are resulting in losses for US […]

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