We’re All in the Big Numbers Now
Adding up the damage Britain’s Covid-19 policies have caused… Read More We’re All in the Big Numbers Now
Category: Economics and Politics
The Net Worth Of America’s Billionaires Has Increased By More Than $400 Billion During The Pandemic
America’s billionaires saw their wealth increase by $434 billion during the course of the global pandemic, according to a new report, a staggering figure that coincided with upheaval to the global economy and more than 38 million Americans filing for unemployment… Read More The Net Worth Of America’s Billionaires Has Increased By More Than $400 Billion During The Pandemic
A Government of Corporate Monopolies
The pandemic has revealed and amplified a crisis of concentration… Read More A Government of Corporate Monopolies
How Bad Antitrust Enforcers Kill People
In the U.S. nearly every aspect of the medical supply chain is consolidated and fragile. And that is having deadly ramifications in the age of Covid-19… Read More How Bad Antitrust Enforcers Kill People
Welcome to Sweatshop Amerika!
The next bailout will be our last… Read More Welcome to Sweatshop Amerika!
Covid-19 Will Mark the End of Affluence Politics
The possibility of a global pandemic will reveal our inability to make and distribute the things people need—just in time for a presidential election… Read More Covid-19 Will Mark the End of Affluence Politics
Michael Bloomberg and the Dangers of “Any Blue Will Do” Politics
The presidential candidate is a mirror image of Trump… Read More Michael Bloomberg and the Dangers of “Any Blue Will Do” Politics
Goldman Sachs’ Tentacles Are Longer Reaching Than Ever
Despite all the recent scandals, the vampire squid’s dominion of global finance continues to grow… Read More Goldman Sachs’ Tentacles Are Longer Reaching Than Ever
Will Jamie Dimon Finally Lose His Job Over Racketeering Charges?
RICO is typically used to indict mobsters – which makes its use against employees of the largest bank in America a very disquieting event… Read More Will Jamie Dimon Finally Lose His Job Over Racketeering Charges?
Oil Explodes 20% Higher, Biggest Jump On Record
For oil markets, it’s the single worst sudden disruption ever, surpassing the loss of Kuwaiti and Iraqi petroleum supply in August 1990, when Saddam Hussein invaded his neighbor… Read More Oil Explodes 20% Higher, Biggest Jump On Record
Fitch Cuts Pemex to Junk, on Track for Largest “Fallen Angel” in History. Cuts Mexico to Near Junk
President of Mexico not amused: “In three years there was no investment in exploration, no investment in drilling wells, and they rated Pemex very highly. Now that there is investment, they downgrade Pemex.”… Read More Fitch Cuts Pemex to Junk, on Track for Largest “Fallen Angel” in History. Cuts Mexico to Near Junk
Mnuchin’s Dangerous Plan to Deregulate Wall Street
Trump’s Treasury Secretary simultaneously sits as head of the Financial Stability Oversight Council (F-SOC) even as he appears to be attempting to undermine financial stability in the U.S.… Read More Mnuchin’s Dangerous Plan to Deregulate Wall Street
