Sweden’s Civil Contingencies Agency says cash is needed in case of emergencies such as technology failures and cyber attacks… Read More The Government Of Most Cashless Economy Just Told Citizens to Hoard Cash in Case of Cyber Attack
Corporate mergers are bad news for the thousands of workers who lose their jobs. It’s a different story for the CEOs who can earn hundreds of millions of dollars from the deals.… Read More No More Payoffs for Layoffs
Chinese corporate defaults this year through April are 3.4 times the amount last year.… Read More Perhaps It’s Time to Start Worrying About Global Corporate Debt, Suggests Bank of England
Physician, mental health expert, and best-selling author Dr. Gabor Maté analyzes how Russiagate was able to take hold of U.S. society following Donald Trump’s election… Read More America in Denial: Gabor Maté on the Psychology of Russiagate
“Zombie firms,” kept alive by low interest rates, account for up to 14% of UK companies.… Read More Businesses in “Critical Distress” in UK, Bankruptcies Surge
The red zone problem today is not just counterparty risk or cross border risk – it’s also contagion risk… Read More The Federal Reserve Says Financial Risks Are “Moderate”; These Charts Don’t Agree
The events of the past 48 hours have demonstrated how utterly incompetent the CIA can be when it comes to pulling off “soft” coups… Read More The Tragedy of Venezuela Is the Tragedy of the United States of America
More and more companies either choose not to invest in other countries or are prevented from doing so… Read More Global Foreign Direct Investment Flows Collapse
Critics are renewing attacks on the German giant’s investment banking division now that talks with Commerzbank have collapsed… Read More Deutsche Bank Has No ‘Plan B’
“The sanctions are depriving Venezuelans of lifesaving medicines, medical equipment, food, and other essential imports. This is illegal under U.S. and international law, and treaties that the U.S. has signed.”… Read More 40,000 Dead Venezuelans Under US Sanctions: Corporate Media Turn A Blind Eye
Instead of subprime mortgages being targeted this time around, what’s being stuffed into these bespoke products is corporate debt, which has exploded over the past decade… Read More Reuters Drops a Bombshell: The Big Short Doomsday Machine Is Back
“The worst labor market” on the planet: unemployment exceeded 20% in three downturns over the past 35 years.… Read More Unemployment in Spain Still Miserably High Despite Six Years of Economic Growth
