The Titanic we all know as the Global economy appears to be moving along at full speed. But signs of sea ice are dead ahead. Is the economy moving? The Baltic Dry Index has hit a new low. The Baltic Dry Index is the assessment of the price of moving all of the globes major raw materials by sea, including commodities like coal, grain, and iron ore. Tyler Durden of Zero Hedge reports “ Last wee [...]

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. [...]

America presents itself to the world as “the land of the free” but – for the vast majority – it is a place of enslaving indebtedness, a reality for much of “the 99%” that has deep historical roots hidden or “lost” from our history, as Jada Thacker explains. Since its center-stage debut during the Occupy Wall Street movement, “the 99%” – a term emblematic of extreme economi [...]

US stocks tumbled after China's stock market crashed seven percent overnight on Thursday and crude fell to the lowest level in more than 12 years. In the recent four days, the Dow Jones index has plummeted 911 points, or more than five percent so far in 2016, making it the worst four-day percentage loss to start a year on record since 1897. [...]

A curious thing happened today. To quiet protests over food, president Petro Poroshenko ordered the minister of the food reserve to fill the shelves of stores with flour, sugar, canned meat, and buckwheat from the reserve. Well guess what? There was no food in the reserve. It has either been looted (like the vanishing gold), or it was fed to the army. [...]

The Bank of Russia took another step towards a free float ruble by abolishing the dual currency soft peg, as well as automatic interventions. Before, the bank propped up the ruble when the exchange rate against the euro and dollar exceeded its boundaries. "Instead, we will intervene in the currency market at whichever moment and amount needed to decrease the speculative demand,” the bank’s [...]

Hope is a strange beast. Without it life becomes devoid of meaning. Without meaning, existence becomes a chore. Europe's youth lack hope, as an entire generation become victims of political ineptitude and older leaders who simply don't seem to care. Generational struggles have always existed, and angry kids decorated them. From James Dean’s red-jacketed firebrand in ‘Rebel Without a Cause� [...]

Six years after the Lehman disaster, the industrialized world is suffering from Japan Syndrome. Growth is minimal, another crash may be brewing and the gulf between rich and poor continues to widen. Can the global economy reinvent itself? A new buzzword is circulating in the world's convention centers and auditoriums. It can be heard at the World Economic Forum in Davos, Switzerland, and at the [...]

"We need the money," said Emilio T. Gonzales, director of Citizenship and Immigration Services in a May 30, 2007 article in the LA Times. Citizenship Renunciation Fee up more than 400% as of as of Sept. 12, 2014! [...]