Conspiracy Domestic Policy Economy Finance Government Politics Top News

The Root Of The Crisis: Every $1 Of Debt Generates Just 44c Of Economic Output

Exactly ten years ago, in the middle of the summer of 2008, the world was only two months away from the most severe financial crisis since the Great Depression. At the time, the size of the US economy as measured by Gross Domestic product was around $14.8 trillion– by far the largest in the world. Read More…

fake news
Business Economy Finance Politics Propaganda Top News

“Fake News,” GDP Edition

With “fake news” a dominant conversation topic in recent months, we would like to remind readers that “non-GAAP reporting” has only recently became a distinctly political phenomenon, although it has been present in economic and financial circles for a long, long time. Nowhere is this more obvious today, than in the following “headline” revision from Read More…