Economic Articles Excerpt List

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No justice for consumers in Equifax probe?

[Justice] No justice for consumers in Equifax probe? by Alexandra Jacobo Posted February 16, 2018 The head of the Consumer Financial Protection Bureau , Mick Mulvaney, has decided to retreat from a full-scale probe of Equifax’s inability to protect the personal data...

California Is Pondering a New Kind of Bank

[Economic] California Is Pondering a New Kind of Bank by Kevin Drum Posted February 12, 2018 States can legalize marijuana all they want, but it’s still a federally prohibited Schedule I drug. This presents legal marijuana dealers with a problem: where do they keep...

2018: Yearly Forecasts for Systemic Breakdown

[Economic] 2018: Yearly Forecasts for Systemic Breakdown By Jim Willie CB Posted February 9, 2018 The magnificent event that occurred ten years ago has been called the Global Financial Crisis, centered and triggered by the Lehman Brothers failure as a firm. It was...

The day I found out it was all rigged

[Economic] The day I found out it was all rigged by Simon Black Posted February 5, 2018 Several of the largest banks had developed autonomous software that was capable of trading billions of dollars without the need for human beings. On May 6, 2010 at 2:45PM, their...

How the banks won over Washington again

[Politics] How the banks won over Washington again By Zachary Warmbrodt Posted January 28, 2018 Less than a decade after being blamed for fueling the worst financial crisis since the Great Depression, banks are winning again in Washington. The rebound for the lenders...

The Coming Financial Crisis

[Economic] The Coming Financial Crisis Interview by Doug Casey Posted January 27, 2018 Earlier this year, Fed Chair Janet Yellen explained how she doesn’t think we’ll have another financial crisis “in our lifetimes.” It’s a crazy idea. After all, it feels like the...

The Growing Movement To Create City-Run Public Banks

[Community] The Growing Movement To Create City-Run Public Banks By Adele Peters Posted January 24, 2018 As activists pressure governments to remove their deposits from banks that back bad policies, cities are considering a new option: become their own financial...

Runaway Train Towards Full Digitization of Money and Labor

[Economic] Runaway Train Towards Full Digitization of Money and Labor by Peter Koenig Posted January 24, 2018 The other day I was in a shopping mall looking for an ATM to get some cash. There was no ATM. A week ago, there was still a branch office of a local bank – no...

Generational Warfare

[Social] Generational Warfare By Dean Baker Posted January 23, 2018 With the Republicans having just passed a $1.5 trillion tax cut, the bulk of which goes to the richest 1 percent, it was inevitable that the generational warriors would come out of the woodwork and...

A Brief History of the New World Order

[Economics] A Brief History of the New World Order By Richard K. Moore Posted January 14, 2018 WWI was the epochal event that began an identifiable program toward a new world order, a single global hierarchy, controlling all global affairs, under the control of elite...

“Dark Money” Runs the World

[Economic] “Dark Money” Runs the World By Naomi Prins Posted January 12, 2018 Dark money is the #1 secret life force of today’s rigged financial markets. It drives whole markets up and down. It’s the reason for today’s financial bubbles. On Wall Street, knowledge of...

The Virtual Economy Is The End Of Freedom

[Economic] The Virtual Economy Is The End Of Freedom by Brandon Smith Posted January 9, 2017 There is one simple rule to follow when understanding the tragic history of economies: Never put blind faith in a system built on an establishment-created foundation. You...

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