“For decades, he preached that the self-interest of the predator was the invisible hand of the common good,” Yanis Varoufakis said after the man who led the US central bank…
Oscar Perry Abello, for Next City. Climate First Bank hit $1.8 billion in assets by financing clean energy projects one relationship at a time. Now it wants to teach other…
Ellen Brown Part 1 of this “Abundance Paradigm” series discussed predictions that artificial intelligence and robotics will in the relatively near future produce an economy of extraordinary abundance – one…
Ellen Brown ScheerPost A Universal Basic Income (UBI) has long been proposed as a way to cushion the blow of jobs lost to automation. Under that model, everyone receives a…
By Ellen Brown for Scheerpost Albert Einstein is often quoted as saying that compound interest is “the most powerful force in the universe.” The quote is probably apocryphal, but it…
Walker Todd and Bill Bergman expose the untold story of banking instability, regulatory battles, and the struggle to protect the public from financial chaos.
On September 15, 2008, Lehman Brothers, a giant investment bank with a storied history, filed for bankruptcy. The shock was profound; world markets melted down.
By Ellen Brown / Original to ScheerPost Short sellers have made a killing in the recent banking crisis, scalping $14.3 billion from bank stock owners just in March of this…
Economist Michael Hudson discusses the collapse of four US banks in two months, giant JP Morgan Chase taking over First Republic Bank, and how government regulators are in bed with…
First Republic Bank, holding USD 233 billion in assets, collapsed and was sold to banking giant JP Morgan Chase. First Republic is the third bank to fail in the US…
