As central bankers, finance ministers, and government policy makers head off to their annual gathering at Jackson Hole, Wyoming, this August, 24-26, 2017, the key … How Capitalist Central Banks Have Been Creating the Next Financial CrisisRead more
Financial crisis
Posted inFinancial crisis / Housing / ToMl / USA Empire
Longtime Black Residents Fight Illegal Tax Foreclosures
at Detroit, Michigan. Fifty years ago this summer, a rebellion took place in the city streets. Forty-three people were killed. Thousands more were injured. Over … Longtime Black Residents Fight Illegal Tax ForeclosuresRead more
Posted inFinance / Financial crisis / Multimedia
What Has Capitalism Done for Us Lately?
Sheila Bair BillMoyers.com
Posted inCorruption / Economics / Financial crisis / USA Empire
Moody’s pays $864 million to U.S., states over pre-crisis ratings
Moody’s Corp has agreed to pay nearly $864 million to settle with U.S. federal and state authorities over its ratings of risky mortgage securities in … Moody’s pays $864 million to U.S., states over pre-crisis ratingsRead more
Posted inBank / Crime / Financial crisis / Government
Government Settlement With Goldman Sachs Is No Real Punishment
the U.S. Department of Justice, including the attorneys general of New York and Illinois, as well as the Federal Home Loan Banks of Chicago and … Government Settlement With Goldman Sachs Is No Real PunishmentRead more
Posted inFinancial crisis / Health / News
Global economic downturn linked with at least 260,000 excess cancer deaths
The economic crisis of 2008-10, and the rise in unemployment that accompanied it, was associated with more than 260,000 excess cancer-related deaths–including many considered treatable–within … Global economic downturn linked with at least 260,000 excess cancer deathsRead more
Posted inEconomics / Financial crisis / ToMl / USA Empire
Business Bankruptcies Soar 38%
Something funny happened on the way to the bank: In August, commercial and industrial loans outstanding at all banks in the US fell for the … Business Bankruptcies Soar 38%Read more
Posted inFinancial crisis / ToMl / USA Empire
Still Feeling the Great Recession?
Do you enjoy riding on roller coasters? Do you like rising, screaming, and then suddenly plummeting, never quite knowing exactly what scary sensation lurks around … Still Feeling the Great Recession?Read more
Posted inEconomics / Finance / Financial crisis / ToMl
Cryptocurrency Crash
One of the more profitable trades this year was in the cryptocurrency Bitcoin. For those unfamiliar, Bitcoin is a digital asset and payment system — … Cryptocurrency CrashRead more
