Les Leopold: 135,900,000 Reasons Why the Working Class is so Angry
By Les Leopold / Original to ScheerPost Since 1993, 60.2 million workers who had been on the job for at least three years have been laid off, according to the…
Trump Threatens to Punish De-dollarization: ‘I Would Not Allow Countries to Go Off the Dollar’
Donald Trump told countries, “You leave the dollar, you’re not doing business with the United States, because we’re going to put 100% tariff on your goods”.
Ellen Brown: The Florida State Sunshine Bank: How a State-Owned Bank Can Protect Free Speech
The 15-year movement for public banking in the U.S. has gained traction, with Florida's Jimmy Patronis proposing a state-owned bank to protect against debanking and empower local financial control. The…
Everyone Talks About the Economy, But No One Does Anything About It!
The number one issue in the election this year, polls tell us, is “the economy.” But what does that mean?
A Nation of Debtors: USA
With multitudes of Americans priced out of the home-ownership chimera, they face the highway robbery of insanely, artificially inflated rents.
Can the US Federal Reserve Really Control Inflation?
Can the US central bank control inflation? Or does it want to inflate asset bubbles for the rich? Radhika Desai and Michael Hudson discuss Fed monetary policy and its implications…
Gaza War, Lack of Palestinian Labor Drives Decline of Israeli Economy
By Juan Cole / Informed Comment Ann Arbor (Informed Comment) – Israeli Prime Minister Benjamin Netanyahu’s insistence on continuing his total war on Gaza is not only inflicting untold misery…
America Needs Intel Economically and Politically—But Is It Too Late?
With Pat Gelsinger at the helm, Intel’s fate will be decided by whether it can revive its innovation-driven legacy or remain a cautionary tale of financial mismanagement.
Debt Is Political: Why Wealth Flows From Poor to Rich
By Radhika Desai and Michael Hudson / Geopolitical Economy Report How does the structure of the international financial system cause a drain of wealth from the poor to the rich?…
How Unelected Regulators Unleashed the Derivatives Monster – and How It Might Be Tamed
By Ellen Brown / Original to ScheerPost “It was not the highly visible acts of Congress but the seemingly mundane and often nontransparent actions of regulatory agencies that empowered the…
A New Era of Endless Labor Shortages? A Critical Analysis of McKinsey’s New Report
The McKinsey report’s highlighting of an extremely high job vacancy ratio in recent years does not reflect the true state of the U.S. labor market.
IMF-Driven Policies Spark Deadly Protests in Kenya
Kenya protests turn deadly with 23 killed in clashes over tax hikes. IMF’s influence on Nairobi’s budget ignites public fury and violent police crackdown.
The Fed’s ‘Chicken Run’: Why Sticking with High Rates Will Crash the Economy
In persisting with its high rates policy, the Fed is acting like James Dean in the famous “chicken run” auto race in Rebel Without a Cause.
Les Leopold: Capitalism Runs Wild: A Rant
By Les Leopold / Substack They’ll stone you when you’re at the breakfast table.They’ll stone you when you are young and able.They’ll stone you when you’re tryin’ to make a…
Is the Reign of the Dollar Coming to an End?
Though the Dollar-Wall Street regime remains significantly powerful, de-dollarisation and possibilities of a shifting global order are being driven by US economic weakness, the aggressive use of illegal sanctions by…