Economy

China Signals ‘Unprecedented’ Policy Changes on Agenda at Plenum
Chinese Politburo member Yu Zhengsheng said reforms to be discussed at a Communist Party meeting next month will be unprecedented, adding to signs that leaders are resolved to spur far-reaching policy changes. [...]
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Renminbi rising: China’€™s “€˜de-Americanized world”€™ taking shape?
China'€™s leadership will soon usher in bold reforms to support a domestic consumption-driven economic model, and globalizing the renminbi as an alternative store of wealth to the US dollar is at the center of the strategy. The scathing commentary published by China’s state-owned Xinhua news agency calling for a "de-Americanized world" was undoubtedly music to the ears of many in the developin [...]
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Brain drain: Funding and industry leave America, followed by top minds
The US government spending crisis has caused visible pain for research and innovation in America. Already this year, billions of dollars in federal cuts due to sequestration has affected federal grants for scientific research. But this problem is only the tip of a much bigger problem facing the redundant superpower. [...]
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Exclusive: Signs of declining economic security
Four out of 5 U.S. adults struggle with joblessness, near poverty or reliance on welfare for at least parts of their lives, a sign of deteriorating economic security and an elusive American dream. Survey data exclusive to The Associated Press points to an increasingly globalized U.S. economy, the widening gap between rich and poor and loss of good-paying manufacturing jobs as reasons for the trend [...]
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Millionaire GOP Congressman Tells Furloughed Workers To Take Out Loans To Pay Bills
WASHINGTON -- Rep. Steve Pearce (R-N.M.) has a suggestion for any of the hundreds of thousands of furloughed government workers worried about being able to pay their bills: take out a loan! In a post on his personal Facebook page that was later deleted, Pearce urged government workers to call their banks and take out a short-term loan if money is tight. [...]
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Shutdown of US govt & “debt default”: Dress rehearsal for privatization of federal state system?
The ‘shutdown’ of the US government and the financial climax associated with a deadline date, leading to a possible ‘debt default’ by the federal government, is a money-making undertaking for Wall Street. Several overlapping political and economic agendas are unfolding. [...]
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Losing faith: Global financiers look to de-Americanize
A US debt default could hit on Thursday, and world leaders are second guessing the dominant role America plays in finance. Regardless of the final decision in Washington, confidence and credibility in the US has already eroded. In an editorial published by the Chinese state-owned press agency Xinhua, a columnist says the US economy has ‘failed’ and put many countries who hold state assets in d [...]
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The World Is Going To End If We Don’t Raise the Debt!
This is a one way trip to collapse, your only choice is to be ware and prepared or historical roadkill. Get your Silver Bullet Silver Shield coins. Peter Schiff Warns of Economic Collapse and Martial law Collapse of the Industrial Civilization | Interview with Michael Ruppert Dollarocracy: Desecrating Democracy One Dollar at a Time | Interview with Robert McChesney [...]
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Collapse of the Industrial Civilization | Interview with Michael Ruppert
Abby Martin speaks with Michael Ruppert, investigative journalist and author of "Crossing the Rubicon," about destructive energy policies, the global energy crisis and the potential for a collapse of industrial civilization as we know it unless people become more than just passive actors. Peter Schiff Warns of Economic Collapse and Martial law “Dollar valueless, about to [...]
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Russell Brand & Alex Jones: The Spiritual Revolution
Russell Brand talks to Alex Jones about humanity's spiritual revolution and the source of the elite's power. Peter Schiff Warns of Economic Collapse and Martial law Collapse of the Industrial Civilization | Interview with Michael Ruppert Dollarocracy: Desecrating Democracy One Dollar at a Time | Interview with Robert McChesney “Dollar valueless, about to crash” [...]
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