The most amazing record broken was not in the stock market, however. It was the long-standing record in what’s perhaps the longest-running price series in … Gold/Silver Ratio Hits Highest in Over 5,000 YearsRead more
Economics
A Global Dr. Frankenstein at Work
Whether you’re invested in the stock market or not, you’ve likely noticed that it’s been on a roller coaster lately. The White House and most … A Global Dr. Frankenstein at WorkRead more
Elon Musk Is Acting Like a Neo-Conquistador for South America’s Lithium
Elon Musk, the head of Tesla, wants to build an electric car factory in Brazil. He was supposed to meet Jair Bolsonaro, the president of … Elon Musk Is Acting Like a Neo-Conquistador for South America’s LithiumRead more
Climate change is capitalism’s Waterloo
Steven Mnuchin’s snide remark about teenage climate activist Greta Thunberg at this year’s World Economic Forum meeting in Davos outraged liberal commentators. US treasury secretary … Climate change is capitalism’s WaterlooRead more
The Fed’s Baffling Response to the Coronavirus Explained
When the World Health Organization announced on February 24th that it was time to prepare for a global pandemic, the stock market plummeted. Over the … The Fed’s Baffling Response to the Coronavirus ExplainedRead more
The Importance of Neighborhood Banks
An interview with Ellen Brown on Its Our Money, Show #124 Michael Hudson: [00:00:00] There’s recognition that commercial banking has become dysfunctional and that most … The Importance of Neighborhood BanksRead more
Seeking Reason During Chaos
[youtube https://www.youtube.com/watch?v=_hTedy_tAz0&rel=0] David Harvey and Pau Faus
Amid COVID-19, India Buys $116M Worth Of Weapons to Israel
Indian Prime Minister Narendra Modi signed Thursday an arms deal with Israel worth hundreds of millions of dollars, as cases of the coronavirus infections are … Amid COVID-19, India Buys $116M Worth Of Weapons to IsraelRead more
Continued Big Oil bailouts must stop
Amidst the coronavirus crisis, oil and gas companies are pushing for a giant reduction in the royalty payments owed to U.S taxpayers, money that could … Continued Big Oil bailouts must stopRead more
Coronavirus Triggers Large Capital Outflows from India
In March 2020, foreign investors pulled out a record Rs.1182 billion (US$16 bn) from the Indian financial markets as the spread of coronavirus (COVID-19) pandemic … Coronavirus Triggers Large Capital Outflows from IndiaRead more