It will take the average Briton until they are 69 to be free of all debts, according to a new report. UK house prices are … How to break our reliance on private debtRead more
Economics
Posted inEconomics / Fascism / India / Media / Military / Politics / ToMl / USA Empire
Indian elite welcomes deal to allow US military to use ports and bases
The Indian elite has warmly welcomed last week’s announcement that New Delhi has agreed in principle to allowing the US military to make routine use … Indian elite welcomes deal to allow US military to use ports and basesRead more
Posted inBank / Economics / Financial crisis / ToMl / USA Empire
Too Big to Fail From the Eyes of a Specialist
Andrew Ross Sorkin has written a column lamenting that “For a Generalist, ‘Too Big to Fail’ May Be Too Tricky to Judge” about the district … Too Big to Fail From the Eyes of a SpecialistRead more
Posted inChina / Economics / Russia / ToMl / USA Empire
The Collapse of the Western Fiat Monetary System may have Begun
On 19 April 2016, China was rolling out its new gold-backed yuan. Russia’s ruble has been fully supported by gold for the last couple of … The Collapse of the Western Fiat Monetary System may have BegunRead more
Posted inEconomics / Housing / ToMl
House prices have risen twice as fast as earnings
House prices are out of control The graph below shows how house prices have grown at a rate more than twice as fast as earnings … House prices have risen twice as fast as earningsRead more
Posted inBank / Economics / India / Military
Killer SBI funding cluster bomb maker
A report by PAX, a Dutch campaigning organization, last week listed the government-owned bank as one of 158 lenders – including JP Morgan Chase, Barclays, … Killer SBI funding cluster bomb makerRead more
Posted inEconomics / Tax / ToMl
Why Isn’t Everyone In Favor of Taxing Financial Speculation?
Why is there so little discussion about one of Bernie Sanders’s most important proposals – to tax financial speculation? Buying and selling stocks and bonds … Why Isn’t Everyone In Favor of Taxing Financial Speculation?Read more
Posted inColonialism / Economics / India / Military / ToMl / USA Empire
Lockheed Martin offers to site F-16 fighter jet production in India
Lockheed Martin, a premier member of the US military-industrial complex, has announced that it is eager to begin manufacturing its prized fourth-generation fighter jet, the … Lockheed Martin offers to site F-16 fighter jet production in IndiaRead more
Posted inDevelopment / Economics / Refugees / ToMl / World Bank
How The World Bank Broke Its Promise To Protect The Poor
Beneath a gloomy white sky, more than 100 armed police poured into the slum of Badia East in the teeming megacity of Lagos, Nigeria. As … How The World Bank Broke Its Promise To Protect The PoorRead more
Posted inColonialism / Dictatorship / Economics / Fascism / ToMl / USA Empire
Is the Seafood You Eat Caught by Slaves?
Is seafood on the menu tonight? Well, there’s a chance it might have been caught by a slave. That’s what the Associated Press uncovered when … Is the Seafood You Eat Caught by Slaves?Read more