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The Chris Hedges Report Podcast: Richard Wolff
The Chris Hedges Report Podcast: Richard Wolff The Chris Hedges Report Podcast speaks with the economist Richard Wolff about inflation, growing income inequality and the looming disasters built into the U.S. economic system Podcast
One Monetary Policy Fits All – Part II
One Monetary Policy Fits All – Part II In Part one of this series, Our Currency The World’s Problem, we discuss the vital role the U.S. dollar plays in the global economy. With an understanding of the dollar’s role as the world’s reserve currency, it’s time to discuss how the Federal Reserve’s monetary policy machinations influence […]
US Nuclear Reactors Among The Oldest In The World
US Nuclear Reactors Among The Oldest In The World The United States’ 92 nuclear reactors currently in operation have a mean age of 41.6 years, the third oldest in the world. As Statista’s Katharina Buchholz reports, the only nuclear fleets that are older are those of Switzerland (46.3 years) and Belgium (42.3 years). Also older are […]
The Great Gold Robbery of 1933
The Great Gold Robbery of 1933 It’s been 75 years since the federal government, on the spurious grounds of fighting the Great Depression, ordered the confiscation of all monetary gold from Americans, permitting trivial amounts for ornamental or industrial use. This happens to be one of the episodes Kevin Gutzman and I describe in detail […]
It Was Never About Ukraine
It Was Never About Ukraine In his March 21 press briefing, State Department spokesman Ned Price told the gathered reporters that “President Zelenskyy has also made it very clear that he is open to a diplomatic solution that does not compromise the core principles at the heart of the Kremlin’s war against Ukraine.” A reporter asked […]
US Bird Flu Outbreak Officially Becomes Worst On Record
US Bird Flu Outbreak Officially Becomes Worst On Record The US outbreak of avian influenza or bird flu is now the worst on record, with 50.54 million birds culled, US Department of Agriculture data showed on Thursday. Earlier this week, the outbreak at a commercial turkey farm in South Dakota resulted in tens of thousands […]
Is Washington’s Dangerous Ukraine Boondoggle Starting to Unravel?
Is Washington’s Dangerous Ukraine Boondoggle Starting to Unravel? Last week the world stood on the very edge of a nuclear war, as Ukraine’s US-funded president, Vladimir Zelensky, urged NATO military action over a missile that landed on Polish soil. “This is a Russian missile attack on collective security! This is a really significant escalation. Action […]
Will the American Empire Collapse in Our Lifetime?
Will the American Empire Collapse in Our Lifetime? All good things must come to an end. Even the greatest of civilizations has an expiration date. This happened to the likes of Ancient Greece and Rome, who were the most advanced civilizations of their respective epochs. Once prosperous civilizations, eventually met their demise after years of […]
11 Signs That Economic Activity Is Plunging Off A Cliff
11 Signs That Economic Activity Is Plunging Off A Cliff Have you noticed it too? There has been a dramatic shift in the economy in recent days. It has been sudden and it has been severe. All over the country, sales are falling like a rock, inventories are piling up to alarming levels, and large […]
Tucker Carlson: The U.S. is about to run out of diesel fuel
Tucker Carlson: The U.S. is about to run out of diesel fuel
Climate change threatening ‘things Americans value most,’ U.S. report says
Climate change threatening ‘things Americans value most,’ U.S. report says John F. Kerry, the special presidential envoy for climate, speaks during a briefing at the State Department on Wednesday. (Susan Walsh/AP) Climate change is unleashing “far-reaching and worsening” calamities in every region of the United States, and the economic and human toll will only increase […]
US NatGas Futures Jump As Frigid Weather Set To Swoop Across Country
US NatGas Futures Jump As Frigid Weather Set To Swoop Across Country US natural gas futures bottomed on Oct. 24 after a 50% haircut on warmer weather. In the last two weeks, prices have staged a rally on the prospect of cold weather and tighter supplies. Last Monday, we penned a note titled “US NatGas Spikes […]
Are You Ready for the Coming U.S. Government Default?
Are You Ready for the Coming U.S. Government Default? The vast herd of investors are a deluded crowd. Following the Federal Reserve’s much anticipated 75 basis point rate hike on Wednesday the major stock market indexes jumped upward. Optimistic investors keyed in on the Federal Open Market Committee (FOMC) statement and, in particular, the remark that the […]
There Is No Way Out for Europe
There Is No Way Out for Europe “Civilizations die from suicide, not by murder” The late historian Toynbee argued, that when civilizations meet a challenge they cannot overcome or resolve, they rather commit suicide than to let themselves murdered by outside forces. I sincerely doubt however that anyone from the political class in the West […]
