The International Monetary Fund has admitted it had failed to realize the damage austerity would do to Greece as the country tried to recover from … IMF Admits It Miscalculated Impact of Austerity on Greek EconomyRead more
Economics
Posted inEconomics / Health / News / USA Empire
US spends $3.5 Trillion on Healthcare Each Year
As of 2017, the U.S. was spending about $3.24 trillion on personal health care—about 17 percent of total U.S. GDP. Meanwhile, 9 percent of U.S. … US spends $3.5 Trillion on Healthcare Each YearRead more
Posted inEconomics / Fascism / Politics / ToMl / USA Empire
Suddenly came from nowhere to repeat the triumphs of the fascists in Europe
Yanis Varoufakis talking: Last piece of the jigsaw puzzle that puts together this dystopic, postmodern 1930s picture. 2008 was our generation’s 1929. And just like … Suddenly came from nowhere to repeat the triumphs of the fascists in EuropeRead more
Posted inCartoon / Economics / Multimedia
Tax Cut Distraction
— source truthdig.com by Jeff Danziger August 5, 2018
Posted inAsia / Economics / News / Worker
In Cambodia Workers Injured by Police During Wage Protest at Nike Factory
In Cambodia, at least 23 garment workers were injured Monday when police used stun batons to disperse a protest at a factory that makes clothing … In Cambodia Workers Injured by Police During Wage Protest at Nike FactoryRead more
Posted inEconomics / Multimedia / USA Empire
The US Middle Class is Shrinking
Dual Economy in US Peter Temin
Posted inEconomics / Politics / Religion
What Jesus Really Said about the Poor
Rev. Dr. Liz Theoharis — source kairoscenter.org
Posted inDebt / Economics / ToMl
How the Bronze Age Saved Itself from Debt Serfdom
The Naked Capitalism discussion of John Siman’s review of my new book “and forgive them their debts”: Lending, Foreclosure and Redemption from Bronze Age Finance … How the Bronze Age Saved Itself from Debt SerfdomRead more
Posted inEconomics / Fascism / ToMl
Big business finances the far-right
According to an investigation by the weekly Der Spiegel, the rise to prominence of the far-right Alternative for Germany (AfD) was facilitated by huge financial … Big business finances the far-rightRead more
Posted inEconomics / Multimedia / Politics / USA Empire
Americans Have Forgotten What They Lost in 2008
Robert Reich