The Global South Is on the Brink of a Disastrous Debt Crisis. Reform Is Urgent
The coming debt crisis will surpass that of the 1980s and disproportionately impact women, economist Ilene Grabel warns.
The coming debt crisis will surpass that of the 1980s and disproportionately impact women, economist Ilene Grabel warns.
United and other insurers make a profit by restricting the claims they pay, so their profit motive goes directly against people’s need to get healthcare.
By Ellen Brown / Original to ScheerPost The U.S. national debt just passed $36 trillion, only four months after it passed $35 trillion and up $2 trillion for the year.…
A new Tax Foundation analysis also inadvertently shines a light on the uselessness of ‘adjusted gross income’ as an indicator of actual billionaire economic income.
By Glenn Greenwald / System Update
"The U.K. and the U.S. are both among the biggest enablers and the biggest losers of this lose-lose tax system," said the chief executive of the Tax Justice Network.
The firehose of affluent consumption continues to drive inflation, not the stimulus package.
The political crises facing the United States at home and abroad hinge on this question: How will the US manage its decline?
The world yearns for ‘active’ peace, tired of the attitude of superiority that defines the North’s relations with the South. This means that wealth, which is produced by society, must…
Let the West remain in denial about BRICS. While some dogs may bark, the caravan moves on.
BRICS held a summit in Kazan, Russia in October 2024, where it expanded with 13 “partner nations”, after adding four new members. These are the most important takeaways from the…
The economy and cost of living continues to be the top issue for the people of the US, who are struggling under astronomical housing and grocery costs.
Will the BRICS economic and political alliance change the world’s U.S.-centered balance of power?
The US dollar is gradually losing its dominance, and foreign central banks are buying fewer Treasury securities, instead holding more gold in their reserves, warns mainstream American economist Mohamed El-Erian.…
By Chris Hedges / The Chris Hedges Report NOTE TO SCHEERPOST READERS FROM CHRIS HEDGES: There is now no way left for me to continue to write a weekly column…