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Central Banks Bailed Out Markets To Avoid Trillions In Pension Losses

June 13, 2020

Central Banks Bailed Out Markets To Avoid Trillions In Pension Losses The Organization for Economic Co-operation and Development (OECD) recently published a report showing how pension funds in OECD countries recorded a massive loss of approximately $2.5 trillion during the stock market meltdown in February through late March. Shortly, after that, central banks intervened with monetary cannons to rescue stock markets and […]

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OECD Sees Global Growth At Decade-Low As WTO Warns Of “Doomsday Scenario”

November 22, 2019

OECD Sees Global Growth At Decade-Low As WTO Warns Of “Doomsday Scenario” Global growth is quickly plunging to levels not seen since the financial crisis as the risk of long-term stagnation has developed, according to the OECD’s latest Economic Outlook. The world economy is expected to grow at a decade-low of 2.9% this year and remain […]

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OECD Slashes Global Growth Outlook, Warns Germany Already In Recession

September 20, 2019

OECD Slashes Global Growth Outlook, Warns Germany Already In Recession In one of the most downbeat forecasts on the global economy that we’ve seen so far this year, the Paris-based organization of wealthy nations known as the OECD – the Organization for Economic Cooperation and Development – warned that the global economy is heading toward a […]

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Superbugs Pose A Very Real Threat To Humanity

November 8, 2018

Superbugs Pose A Very Real Threat To Humanity Superbugs, those pesky bacteria that have evolved to become resistant to antibiotics, are on the rise and pose a very real threat to humanity. Antimicrobial resistance is a large and growing problem, with the potential for enormous health and economic consequences for the United States and the rest […]

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Economic inequality: 10 reasons why we can’t beat it

May 22, 2015

Economic inequality: 10 reasons why we can’t beat it Even the OECD says inequality is bad. But making it go away is much tougher It almost feels like an old story. Ever since the economy crashed in 2008 a growing chorus of voices has warned that inequality was wiping out the middle class and damaging society. This week […]

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In Most Countries, 40 Hours + Minimum Wage = Poverty

May 8, 2015

In Most Countries, 40 Hours + Minimum Wage = Poverty Last week, we noted that Democratic lawmakers in the US are pushing for what they call “$12 by ’20” which, as the name implies, is an effort to raise the minimum wage to $12/hour over the course of the next five years. Republicans argue that if Democrats […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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