What’s up with the Global Economy, and Where Do we Go from Here?
By Roger Baker, The Rag Blog
It now appears that the grand yearly addition to total human wealth, the global GNP, is no longer growing.
By Roger Baker, The Rag Blog
It now appears that the grand yearly addition to total human wealth, the global GNP, is no longer growing.
By Gail Tverberg, ourfiniteworld.com
Both the stock market and oil prices have been plunging. Is this “just another cycle,” or is it something much worse? I think it is something much worse.
By Chris Martenson, Peak Prosperity
The global deflationary wave we have been tracking since last fall is picking up steam.
By Brian Davey, Feasta
Anyone with any sense for global economic trends ought to be worried. The signs are everywhere of a serious deflationary crisis.
By Gail Tverberg, Our Finite World
Why are commodity prices, including oil prices, lagging? Ultimately, the question comes back to, “Why isn’t the world economy making very many of the end products that use these commodities?”
By James Meadway, New Economics Foundation
As oil prices continue to fall, a strange phenomenon is making its presence felt across Europe: deflation.
By Ellen Brown, Web of Debt
When an article appears in Foreign Affairs, the mouthpiece of the policy-setting Council on Foreign Relations, recommending that the Federal Reserve do a money drop directly on the 99%, you know the central bank must be down to its last bullet.
By Ellen Brown, Web of Debt blog
December 23rd marks the 100th anniversary of the Federal Reserve. Dissatisfaction with its track record has prompted calls to audit the Fed and end the Fed.
By Ellen Brown, Web of Debt blog
Quantitative easing (QE) is supposed to stimulate the economy by adding money to the money supply, increasing demand. But so far, it hasn’t been working. Why not? Because as practiced for the last two decades, QE does not actually increase the circulating money supply. It merely cleans up the toxic balance sheets of banks. A real “helicopter drop” that puts money into the pockets of consumers and businesses has not yet been tried. Why not? Another good question . . . .