“Don’t look back — something might be gaining on you,” Satchel Paige famously warned. For connoisseurs of civilizational collapse, 2014 was merely annoying, a continued pile-up of over-investments in complexity with mounting diminishing returns, metastasizing […]
By Brandon Smith The structure of history is held together by two essential and distinct kinds of links, two moments in time to which no one is immune: moments of epiphany, and moments of catastrophe. Sometimes, […]
By Mike Whitney “If undercharging for energy products occurs deliberately, it also effects those who introduce these limitations. Problems will arise and grow, worsening the situation not only for Russia but also for our partners.” – […]
The Complicity of the Public Authorities By Dr. Paul Craig Roberts and Dave Kranzler Note: In this article the times given are Eastern Standard Time. The software that generated the graph uses Mountain Standard Time. Therefore, read the x-axis […]
By Frances Horodelski Click Here to Watch the Interview “Who is this cheap interest rate trend benefiting? It’s not the 1 percent, it’s the .01 percent…85 people have more dough than 3.5 billion people…The gap between […]
By The Automatic Earth Ben Shahn Quick lunch stand in Plain City, Ohio Aug 1938 Oil producer Russia hikes rates to 10.5% as the ruble continues to plunge, while fellow producer Norway does the opposite, and cuts […]
By Michael Snyder Did you know that 65 percent of all children in the United States live in a home that receives aid from the federal government? We live at a time when child poverty […]
By Michael Snyder This article was originally published by Michael Snyder at the Economic Collapseblog. Editor’s Note: As Michael Snyder notes, JP Morgan Chase, Goldman Sachs, Citibank, Bank of America, Morgan Stanley, and plenty of others have manipulated the […]
By Michael Snyder Are much lower oil prices good news for the U.S. economy? Only if you like collapsing capital expenditures, rising unemployment and a potential financial implosion on Wall Street. Yes, lower gasoline prices are […]
By Michael Snyder Could rapidly falling oil prices trigger a nightmare scenario for the commodity derivatives market? The big Wall Street banks did not expect plunging home prices to cause a mortgage-backed securities implosion back in […]
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