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4,823 U.S. Banks Have Disappeared Since 1999

[Economic] 4,823 U.S. Banks Have Disappeared Since 1999 By Pam Martens Posted March 15, 2019 At the end of 1999, the year that President Bill Clinton and his Treasury Secretary Robert Rubin brokered the deal to repeal the Glass-Steagall Act of 1933 and allow the...

Capitalism vs. Socialism Is a False Choice

[Economic] Capitalism vs. Socialism Is a False Choice by David Korten Posted March 13, 2019 The critical economic and political question for humanity is not whether our means of living will be controlled by corporations or government, but whether control will be...

What Caused the Recession of 2019-2021?

[Economic] What Caused the Recession of 2019-2021? by Charles Hugh Smith Posted March 10, 2019 The banquet of consequences is now being served, but the good seats have all been taken. As I discussed in We’re Overdue for a Sell-Everything/No-Fed-Rescue Recession,...
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