Why the US Bank Crisis is Not Over (tags)
There must always be a financial crash at some point. That is because interest-bearing debt grows exponentially, but the economy follows an S-curve and then turns down. And when the economy turns down... the magnitude of financial claims on the economy exceeds the ability to pay.
Financial crisis and The time of change (tags)
A utopian society will have learned to decentralize power, to keep it manageable and controllable, instead of creating supranational institutions and conglomerates. Look at the EU & Brussels, an estimated 25,000 lobbyists besiege and work the deputies and commissioners.
We cannot repay the Corona debts (tags)
Now there are exactly two ways to revive the economy. The first and best option is to push back the neo-liberal agenda, strengthen the trade unions...If we do not succeed in pushing companies back into the role of debtors, the economy cannot function w/o new state debts.
America's Student Loan Racket: Stiffer Debt Boondage Coming (tags)
class war
More for the one percent, less for the 99 percent (tags)
Apple will give $45 billion to stockholders but no has cash for its sweatshop workers, and other routine economic news.
Banks Injure Economic Stimulus Plan by Jacking up Credit Card Interest (tags)
Could banks jacking up credit card interest during a horrendous recession—delay U.S. economic recovery and destroy the expected benefits of the Economic Stimulus Plan?
With multiple crises—war, budget deficits and a collapsing dollar—on the horizon, the holier-than-thou Bush administration in the second term is likely to find itself facing a disaster of biblical proportions.
Imperial ills: The Great American Problematic: The Youth and Imperial Justification (tags)
Here is but a taste of what the American regime, as nation-state, faces because of its manipulated misdirection into an all encompassing global regime: the American-led corporate global empire -- Imperium in Imperio.
Paying Back Student Loans - Grads vs Banks vs Congress (tags)
One would think that with the horrible economy, graduates who have tried to better themselves with higher education would be able to take advantage of the low interest rates when paying back their student loans. Only it's not that easy...
Tax Cuts and Class Warfare (tags)
An argument against the beneficial results of tax cuts for the wealthy and trickle-down economics.
Dow Down A Record 681 Points -- Finishes Under 9,000 (tags)
Despite a half-point cut in interest rates, the Dow fell a record 681 points today, finishing at 8,924, according to preliminary calculations.