Written by NIA
Italy's 10 year bond yields rose above 7% on Wednesday and economists from around the world are now proclaiming that these interest rates are unsustainable with Italy's national debt now 120% of its GDP. NIA believes the ECB is currently working on their largest bailout in history where they will ...
Written by with Anthony Wile
Ingo Bischoff on Why Land Cannot Be Owned, Why the Federal Reserve Was "Good" Once and What Needs to Be Done to 'Take Back' America
The Daily Bell is pleased to present an exclusive interview with Ingo Bischoff (below). Introduction: Ingo Bischoff is the president of the San Francisco ...
Written by The Daily Bell
Companies' cash is drying up, with dire consequences for their workers ... Unpaid wages in China ... Efforts to curb inflation in China are having some painful side-effects. A squeeze on bank lending has prompted some businesses short of cash to stop paying wages to blue-collar workers. Even the ...
Written by The American Dream
7 Things About The Monolithic Predator Corporations That Dominate Our Economy That Every American Should Know
Right now, there is a lot of talk about the evils of "capitalism". But it is not really accurate to say that we live in a capitalist system. Rather, what we have in the United ...
Written by Murray N. Rothbard
The Alleged Superiority of the Income Tax
Orthodox neoclassical economics has long maintained that, from the point of view of the taxed themselves, an income tax is "better than" an excise tax on a particular form of consumption, since, in addition to the total revenue extracted, which is assumed to ...
Written by Right Side News
There are 27 members on Barack Obama's job creation panel, and most of them are corporate executives. The formal name of the panel is the President's Council on Jobs and Competitiveness, which is kind of ironic considering the fact that many of the CEOs on the panel have been rapidly shipping ...
Written by Right Side News
When the currency system as we know it dies, some people will become very wealthy. In this special report from the Casey Research/Sprott Inc. Summit "When Money Dies," The Gold Report cornered Global Resource Investments Founder and Chairman Rick Rule, Casey Research Senior Editor Louis James and Casey ...
Written by Economics Collapse Blog
Will the bad financial news ever stop? A lot of people in the financial world were hoping for a much better fourth quarter after an absolutely disastrous third quarter. Well, if Monday was any indication, October could end up being a really rough month for global financial ...
Written by Economic Collapse Blog
"....A major financial collapse in Europe would just accelerate our plunge into a new economic crisis...."
We are getting so close to a financial collapse in Europe that you can almost hear the debt bubbles popping. All across the western world, governments and major banks are rapidly becoming ...