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US growth and jobs figures point to continuing economic breakdown6 August 2013US data on economic growth, together with the latest employment figures, show that the economic breakdown, which began nearly five years ago with the collapse of the investment bank Lehman Brothers, is continuing to deepen. The US economy grew at an annualized rate of just 1.7 percent in the second q..

Paul Krugman Makes Shit Up Again to Defend Fed InflationJeremy R. HammondAugust 6, 2013There’s a lot of talk about who is going to replace Ben Bernanke as Chairman of the Federal Reserve. I personally couldn’t care less who chairs the Fed, because the primary functions of the Fed will remain the same regardless (as I tried to point out to my interlocutor in this fascinatin..

Now That Detroit’s Gone Bust, Is Your City Next? Wiley, 이제 디트로이트는 파산했다. 다음은 어느 도시일까? -ZH 2013년 7월 20일 Tyler Durden – Zero Hedge 출처: http://goo.gl/y08TW Cyniconomics blog의 F.F. Wiley가 작성. 디트로이트의 파산 신청은 우울한 소식이다. 가난, 범죄, 질병 – 당신은 다양한 사..

미국 미시간주의 최대 도시인 디트로이트시가 결국 지난 7월 18일 목요일에 미국 역사상 최대의 지방 파산을 신청했습니다. 자동차 산업으로 유명했던 디트로이트는 한 때 미국에서 4번째로 인구가 많은 도시였으며, 1960년에는 미국 최고의 1인당 소득을 올렸던 도시입니다. 그런 디트로이..

The Federal Reserve Is Bailing Out Foreign Banks … More than the American People or EconomyBy Washington's BlogGlobal Research, July 28, 2013Washington's BlogRegion: USATheme: Global Economy 303 522 8 1123 Federal Reserve Policy Mainly Benefits Big Foreign Banks We’ve extensively documented that the Federal Reserve is intentionally locking up bank money so that it is not l..

6 ways to prepare for the economic collapse and bankruptcy of the U.S. governmentJuly 26, 2013 By Andrew Moran Leave a CommentWith the bankruptcy of Detroit and the coming financial meltdown of various cities across the country, many are concerned that the United States government is also on the verge of complete collapse. It is no surprise, though: $17 trillion national debt,..

Brazil: Extractive Capitalism and the Great Leap BackwardBy Prof. James PetrasGlobal Research, July 23, 2013Region: Latin America & CaribbeanTheme: Global Economy, Poverty & Social Inequality 130 17 6 272 Introduction Brazil has witnessed one of the world’s most striking socio-economic reversals in modern history: from a dynamic nationalist industrializing to a primary expor..

Who Controls The Global Economy? Do Not Underestimate The Power Of The Big BanksMichael Snyder Activist Post Are the big banks really as powerful as some people say that they are? Do they really control the global economy? If you ask most people, they would tell you that governments control the global economy. But the campaigns of our politicians are funded by the ultra-wealth..

Paul Krugman and the ‘Peculiarity’ of Austrian Economists’ Ability to Predict How Monetary Inflation Distorts the MarketJeremy R. HammondJuly 25, 2013Ludwig von Mises and Friedrich Hayek, luminaries of the Austrian school of economics In yet another vain attempt to discredit Austrian economics, Paul Krugman tries in a recent blog post to attribute to the Austrian school ..

금요일 일단 Ingham 카운티의 로즈메어리 아퀼리나 순회 판사는 디트로이트 파산 신청은 은퇴 근로자들에 대한 연금 지급을 줄이는 결과를 가져오므로 미시간 헌법을 위반한다고 규정하여서 무효라고 했습니다. 그녀는 또한 디트로이트 파산 신청은 “(디트로이트의 자동차 회사들을) 파..