Economy

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, though these claims are often vague and unsupported. [...]
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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 Depression Coming [...]
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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 Wall Street. [...]
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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 Of The Petro Dollar Just Announced By The President? /* [...]
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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 public bus pass, you can not only get to class but [...]
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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 workers. Will Trump's Tr [...]
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Think Trump’s economy is booming? It’s a corporate debt bubble blowing up – RT’s Keiser Report
US Initial Jobless Claims have hit their lowest level since 1969, with consumer confidence reaching its highest in decades. Things are looking pretty good until you start discussing averages, says Mish Shedlock of MishTalk.com. [...]
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Soaring by $38,000 per second: US national debt now exceeds $21.5 trillion
The latest data from the US Treasury Department shows America’s gross national debt ballooned by $1.2 trillion to a breathtaking $21.52 trillion on September 28, the last day of fiscal year 2018. [...]
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We’ve Reached “Never Never Land” Accounting
There is good reason people are going to real assets. The U.S. government is “missing” $21 trillion between the DOD and HUD. This fact was uncovered by Fitts and economist Dr. Mark Skidmore last year. What was the government’s answer to this gigantic accounting fraud that is the size of the federal deficit? Give the government’s budgets basically classified national security status. [...]
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Fitch slashes global economic growth forecast over US-China trade war
International rating agency Fitch has downgraded its 2019 global GDP forecast. The worsening trade conflict between Washington and Beijing is behind the decision, it said. According to Fitch, protectionist US trade policies have now reached the point where they are materially affecting what remains a strong global growth outlook. [...]
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Russian stock market hits another all-time high amid further ruble growth
The Ruble-traded MOEX stock index is enjoying a bumper week as it reaches all-time highs on an almost-daily basis.The growth is linked to the strengthening Russian currency despite a threat of new US sanctions and high oil prices. [...]
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Trump Tariffs Causing Scaled Pressure on US Enterprise – Federal Reserve
WASHINGTON (Sputnik) - Tariffs imposed by the US government on metals and other imported goods are causing widespread pressures for manufacturers and businesses in the United States, the Federal Reserve said in a report. "All Districts noted fairly widespread input price pressures, particularly for construction materials and freight transportation," the report released on Wednesday said. [...]
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Russian stock market hits all-time high as ruble strengthens despite US sanctions pressure
The recent growth in the Russian currency has helped the ruble-traded MOEX index reach an all-time high on Tuesday. The index rose to 2,390 points for the first time in history after the ruble strengthened to 67.7 against the dollar and 79.1 against the euro. Earlier in September, the Russian currency had suffered a deep plunge against reserve currencies amid a new US sanctions threat. [...]
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Majority of Economists Think Tariffs to Harm US Economy – Survey
WASHINGTON (Sputnik) - More than 90 percent of economists believe tariffs will have a negative effect on the US economy, a poll conducted by the National Association for Business Economics (NABE) showed on Monday. [...]
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The next potential superpower
In this episode of the Keiser Report, Max and Stacy look at the question of “whether or not China has what it takes to be a superpower?” In the second half of the show, Max interviews Dr. Michael Hudson, the author of the soon-to-be-released book, ‘...and forgive them their debts: Lending, Foreclosure and Redemption — From Bronze Age Finance to the Jubilee Year.’ They discuss the new – [...]
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