Economic Collapse

America’s Death Throes
China and Russia have already ditched the US dollar in their vast energy trade. Now China is leveraging Saudi Arabia to also abandon the greenback for oil sales. No wonder, it seems, that US policies are increasingly lashing out. US global power depends on its presumed economic prowess and military force. With its economy in [...]
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Poroshenko Leading Ukraine to ‘Palace Coup’ by ‘Playing Along With Radicals’
Ukrainian President Petro Poroshenko blamed Ukrainian radicals for Kiev having lost control over the situation in the eastern regions of Donbass. According to the Ukrainian leader, the blockade of Donbass by radicals risks plunging Ukraine into "anarchy" and violence. [...]
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The Hardening of Society and the Rise of Cultures of Cruelty in Neo-Fascist America
Dark Times are truly upon us. There will be an acceleration of acts of violence under the Trump administration and the conditions for eliminating this new stage of state violence will mean not only understanding the roots of neo-fascism in the United States, but also eliminating the economic, political, and cultural forces that [...]
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Chris Hedges Brace Yourself! The American Empire Is Over
Again an interview of Chris Hedges which goes back to 2013, but is above all interesting because Hedges explains how he moved from wanting to be a pastor to becoming a war reporter. He explains why he considers "liberals" have no direct contact with what they "prestend" to defend from afar. His first hand description of working [...]
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Greece sells its national railway operator to Italy
Greece's national rail company TrainOSE has been sold to Italy's state railway group Ferrovie dello Stato (FS) for €45 million ($48.1 million). The sale is part of Greece’s €86 billion bailout agreed with international creditors two years ago. [...]
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Fear and Loathing in Ukraine
Despite favorable – even fawning – propaganda in Western media, the U.S./E.U.-backed regime in Ukraine tramples on traditional liberal values of tolerance and pluralism, notes James W Carden. The overnight train from Kiev to Slavyansk gives a passenger, if nothing else, ample time to read and think. On a return trip to wa [...]
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Ukraine fire sale: 60% discount for state assets
Kiev has announced a massive discount on the sale of state assets which have failed to find foreign buyers. Ukraine’s State Property Fund says all of the assets have been put up for sale more than 10 times and have found no takers. As a result, 22 of 34 state assets are now being put up for sale at a 60 percent discount, ni [...]
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Ukraine’s economy minister dramatically resigns, citing covert corruption
Ukraine’s minister for economic development and trade, Aivaras Abromavicius, who is one of several foreign experts in the government who was brought in to help Kiev with reforms, has announced his resignation, citing corruption levels in the state. [...]
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EXCLUSIVE: The Secret Behind the Next Global Crash
The World Economic Forum in Davos is submerged by a tsunami of denials, and even non-denial denials, stating there won’t be a follow-up to the Crash of 2008. Yet there will be. And the stage is already set for it. Selected Persian Gulf traders, and that includes Westerners working in the Gulf confirm that Saudi Arabia is un [...]
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Betting on the Wall Street Crash
The 2008 Wall Street crash resulted from a combination of unrestrained greed and political contempt for government regulators who might have prevented the devastation. In The Big Short, the tale is told from the perspective of a few players who saw the inevitable and made money on the crash, writes James DiEugenio. If you rea [...]
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American nightmare: Rich, poor and middle-class no more
The US economy is generating breathtaking wealth for an elite minority of the population at the expense of millions of people now tumbling through the gaping cracks of the system. So why do we continue to watch the painful spectacle year after year? America’s once-glorified middle-class is on its way to being relegated to t [...]
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Something Big Underway! Banks Have Never Done This Before — End of Dollar?  | Economy
The truth about the elites agenda is about to ‘slap us in the face’. No longer do they hide behind closed doors—no—they are wide open about their cause and they are laughing at the masses while secretly planning our economic downfall. The collapse of the dollar will be the single largest event in human history. [...]
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Economic Collapse | Ramifications of the US dollar losing its status
With the collapse of the US dollar or an economic collapse we need to consider the sociopolitical effects as well as the financial effects. Ron Paul gives the details. It will likely be the tipping point at which the US government becomes sufficiently desperate to implement official restrictions on the movement of people and [...]
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Full Show – Alex Jones: The Aliens Are Here
On this Tuesday, January 12 edition of the Alex Jones Show we cover the alarming crash of the Chinese stock market as the Shanghai Composite Index enters free fall. We also cover the failure of Muslim migrants to integrate in Europe and the negligence of European politicians as they refuse to address the rape crisis on the conti [...]
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“Future Economic Historians” Will Probably Call the Period That Began In 2007 “the L-O-N-G-E-S-T DEPRESSION”
Sure, last year was the first pre-election year stock market loss since the Great Depression. And admittedly, last week was the worst opening week of any year … EVER. But that’s not the big news. The bigger news is that the Baltic Dry Index has crashed. [...]
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Reality Peeks Through in Ukraine | Consortiumnews
With corruption rampant and living standards falling, Ukraine may become the next failed state that “benefited” from a neoconservative-driven “regime change,” though the blame will always be placed elsewhere – in this case, on the demonized Russian President Putin, writes Robert Parry. Nearly two years since U.S. of [...]
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Stuck in Corruption: Kiev Government ‘Unlikely to Survive This Year’
A lot of Ukrainian citizens understand that the worst for their country is yet to come. The current government which is on the brink of collapse will not be able to reform the country's "rotten system", Frankfurter Allgemeine Zeitung wrote. It is unlikely that Ukraine will be able to come out from the current crisis. The gove [...]
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