TRAVELING THE WORLD, WRITING WHAT THE PEOPLE NEED TO KNOW.
TRAVELING THE WORLD, WRITING WHAT THE PEOPLE NEED TO KNOW.
“Fortress balance sheets?”… “It’s different this time”… “Greatest economy ever.” If all of that is true, then why are the stocks of the most systemically important banks in the world collapsing? And the banking collapse is leading global stocks lower – probably not coincidentally as global central bank balance sheets contract… As The Economic Collapse blog’s Read More…
On October 21st, German Chancellor Angela Merkel announced that Germany would stop arms exports to Saudi Arabia “for the time being.” The reasons for the decision are the vague circumstances around the disappearance and killing for Saudi Journalist Jamal Khashoggi. According to Merkel, Riyadh had not put the full facts surrounding the death “on the Read More…
The middle class in America has been declining for decades, and we continue to get even more evidence of the catastrophic damage that has already been done. According to the Social Security Administration, the median yearly wage in the United States is just $30,533 at this point. That means 50 percent of all American workers make Read More…
“The Israeli military relies on a network of international companies, supplying everything from sniper rifles to tear gas, to carry out its massacres of protesters in Gaza. These companies are knowingly supporting war crimes, and are complicit in state-orchestrated murder.” — Tom Anderson, researcher for Corporate Occupation NEW YORK — As Israeli soldiers gun down unarmed Read More…
The revelation that Russia worked privately with the Saudis “on Trump’s order” to aid the U.S. effort to halt Iranian oil exports without causing a supply shock seems to contradict Russia’s public promise to defend Iran’s economy against aggressive U.S. sanctions. MOSCOW – On Wednesday, Reuters reported the details of a private and “secret” deal reached between Russia Read More…
Frustrated by the Saudi refusal to increase oil production by two million barrels per day, President Trump said at a rally yesterday that absent US military protection the Saudi government would not last two weeks. He said the Saudis should “pay up” if they want to remain in charge. Why are oil prices going up? Read More…