Poverty

Hunger Rising Dramatically Across US Amid Record Stock Market Highs

Debates in Congress over a new COVID-19 relief bill have dragged on for months, even as new coronavirus cases have hit record highs. A slew of federal programs designed to alleviate the economic impacts of pandemic shutdowns will expire in weeks, setting the stage for a series of crises that could leave millions more in […]

Save
America becoming another banana republic – Max Keiser 🎞️

In this episode of the Keiser Report, Max and Stacy look at the accumulation of debt in the United States in memory of David Graeber, author of ‘Debt: The First 5,000 Years’. Max also talks to Otavio ‘Tavi’ Costa, portfolio manager at Crescat Capital, about credit exhaustion among other things. They point out that the […]

Save
  • EnglishFrenchGermanItalianPolishPortugueseRussianSpanishUkrainian
  • Recent Posts

LEE CAMP:  28 Million Evictions Loom as Houses Sit Empty

America is not based on hard work. Get it out of your head that this society is set up to be fair. Fair would be everyone with a roof over their head. Congress’s inability to actually represent the real-live human beings of America, combined with an economic system that rewards lack of empathy and an […]

Save
How Much Is Really a ‘Living Wage’ in Every State?

How Much Is Really a ‘Living Wage’ in Every State? Can you afford to live where you are? The answer depends on two factors — your earnings and the cost of living in your area. The federal minimum wage in the United States is $7.25 per hour. Some states and a few cities set their […]

Save
Covid-19 may cause deepest economic crisis ‘of our lifetimes’ — WTO chief

The coronavirus pandemic is likely to spark an unprecedented fall in global trade as well as an economic crisis rivaling the Great Depression, the head of the World Trade Organization (WTO) has warned. “We confront what may well be the deepest economic downturn of our lifetimes,” the organization’s Director General Roberto Azevedo said in a […]

Save
US Economy in Free Fall, Could Lose Up to 24% of GDP and Face Ocean of Unemployment Due to COVID-19

Most major global economies have already been affected by the outbreak, which has forced many workers to stay in their homes and almost entirely dried up the restaurant and hospitality industries. The US economy is facing the prospect of sustaining a heavier blow from the COVID-19 coronavirus outbreak than it suffered from the financial crisis […]

Save
IMF warns of new ‘Great Depression’, Russia ahead of the curve due to increased cash & gold reserves

Last week, the IMF issued a stark warning about the global economy. While most large Western states are vulnerable to a new crisis, Russia has prepared its defenses. Kristalina Georgieva isn’t any sort of conspiracy theorist; she’s the head of the International Monetary Fund. And when she warns that the global economy risks another “Great […]

Save
Mother of all ironies: US veterans are returning to Vietnam ‘for a better life’

It sounds almost unbelievable, but a number of US citizens are deciding to cash out of the elusive ‘American dream’ as they settle down in foreign places, such as Vietnam, where many of them were once loathed as invaders. Vietnam, Laos, Cambodia. For many Americans, those names invoke powerful memories and images of unspeakable violence, […]

Save
Last week’s repo meltdown points to 2008 financial crisis & may lead to new bank crashes – Keiser Report

Forecasting the imminent demise of European banks, an expert talks RT’s Keiser Report through last week’s repo market meltdown and what it may indicate. “The treasuries that settled last week didn’t go well on the funding market – the Fed had to step in and do a $75 billion repo facility on an overnight basis […]

Save
Trump changes on poverty in US are like re-defining ‘drowning person as NOT drowning’ – Lee Camp

The Trump administration wants to redefine the poverty level, which would kick hundreds of thousands with marginal incomes off welfare, while simultaneously reducing poverty rates in America.

Save
Seattle Is Dying: Drugs And Homelessness In Seattle

KOMO’s Eric Johnson explores the impact the drug and homelessness problem is having on the city and possible solutions in this documentary titled, “Seattle is Dying.” “Let me ask you something. What if Seattle is dying and we don’t even know it?” Johnson asks in the introduction. “This story is about a wave of seething […]

Save
Inequality at record levels as new billionaire emerges every 2 days – Oxfam

The gap between the super-rich and the rest of the world has never been wider, with 26 people now owning the same amount of wealth as 3.8 billion of the less privileged, global charity Oxfam said in a new report.

Save
Economic boom for whom? Keiser Report examines America’s disappearing middle class (VIDEO)

The US economy is booming – but fewer and fewer are reaping the benefits. The Keiser Report crunched the numbers behind America’s dwindling middle class, and warned that the country’s young are in for a rough, debt-ridden future.

Save
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.

Save
America… Its Own Worst Enemy

It is an epic paradox that President Donald Trump, like previous US presidents, boasts of America’s military supremacy and its vital role as defender of the nation. The Trump administration in its first year in office boosted the annual military budget to $700 billion, up from an already gargantuan average figure of some $600 billion a year.

Save