Amid Warnings Of Financial Crash, Fed Chair Promotes Illusions

By Nick Beams, www.wsws.org -

By Nick Beams for World Socialist Web Site. Wyoming (August 26, 2017) - Yesterday’s speech by Federal Reserve chairwoman Janet Yellen to the conclave of central bankers at Jackson Hole, Wyoming [...]

Workers Celebrate 20 Years Of Shared Bread And Ownership

By Misty Dawn Spicer-Sitzes, www.shareable.net -

By Misty Dawn Spicer-Sitzes for Shareable. Workers in California are taking economic change into their own hands. The Arizmendi Association of Cooperatives is one of the shining examples of how [...]

An Inequality Double-Whammy

By Sam Pizzigati, www.inequality.org -

By Sam Pizzigati for Inequality - Inequality doesn’t cause every problem in our world today. Inequality just makes every problem worse. Big problems especially. Like recessions. We’ve known for [...]

Is The US Economy Heading For Recession?

By Jack Rasmus, www.telesurtv.net -

By Jack Rasmus for Telesur. This past week the U.S. government announced the contry’s economy rose in the January-March 2016 at a mere 0.5 percent annual growth rate. Since the U.S., unlike other [...]

2016 Crash Begins – This Time Isn’t Different

By Tyler Durden, www.zerohedge.com -

By Tyler Durden for Zero Hedge. The reckless herd has been in control for the last few years, but their recklessness is going to get them slaughtered. Corporate profits are plunging. Labor [...]

The Collapse Of Black Wealth

By Jamelle Bouie, www.slate.com -

How the recession turned owners into renters and obliterated black American wealth. In 2005, three years before the Great Recession, the median black household had a net worth of $12,124. Yes, [...]

Latest Jobs And Housing Reports Show Americans Are Struggling More Than Ever

By Steven Rosenfeld, www.alternet.org -

The latest nationwide jobs and housing statistics released this week suggest that America is no longer a country where—for most people—the future is going to be better than the past. The [...]

The Slowing Global Economy – Prolonged Stagnation Without The Crash

By Jack Rasmus, www.jackrasmus.com -

QEs, massive liquidity injections by central banks, token fiscal stimulus policies followed soon by austerity fiscal stimulus withdrawals represent the recovery policy ‘mix’ for the US since [...]