debt

(COMMONDREAMS) Cambodians are responding with outrage to the U.S.

Steve Bannon, President Trump’s chief strategist attends a listening session with manufacturing CEOs in the State Dining Room of the White House. (Photo:Olivier Douliery/CNP /MediaPunch/IPX)
Steve Bannon is accustomed to start many of his talks to activists and Tea Party gatherings in the following way:

During the 2016 US election period, Russia was accorded intense attention. Hillary Clinton took a belligerent stance vis-à-vis Russia, while Donald Trump took a more diplomatic stance.
Trump emerged victorious. Following his inauguration speech a choice became apparent for international relations and the direction a nation may pursue.

Canadian capitalism is in crisis, with household debt reaching a record high 166.9 per cent of disposable income and about 208 per cent of GDP, and wage stagnation is a primary cause.
Richard Vague told the Globe and Mail “any country whose private-debt-to-GDP ratio goes beyond 150 per cent and that has a five-year growth rate of 18 per cent or greater in that ratio experiences a financial crisis at some point.” The Globe says Canada has already passed both benchmarks in its ongoing borrowing binge.

New Jersey Gov. Chris Christie on Monday signed into law a bill requiring the state’s student loan agency to forgive the loans of borrowers who die or become permanently disabled.

21st Century Wire says..
With Christmas season right around the corner, millions retail consumers in North America and Western Europe will be taking on thousands of dollars in new credit card debt. Few have paused to ponder how it all started, and where the real breaking point lies – for both personal and social stability. If you think that your credit has taken over your life then you need to watch this film.
This week’s documentary film curated by our editorial team at 21WIRE…

Economists like to treat money in an economy like a politician treats air in politics. It is absolutely necessary to the exchange of ideas but plays no fundamental role in history. Dr. Hudson’s book, The Bubble and Beyond, is an attempt to disabuse you of that idea.

And your U.S. citizenship is your prison sentence.

(ANTIMEDIA) — On September 11, 2001, one of the most tragic events in recent American history took place. Close to 3,000 civilians lost their lives in horrific terror attacks that took place on American soil. Fifteen years later, it is time to ask the question: have our counterterror efforts helped to reduce the amount of terrorism in the world? Or at the very least, have they tried to make the world safer?

A panel of scientists with India’s Ministry of Environment said in a risk assessment of genetically modified mustard that the crop does not “pose any risk of causing any adverse effects on human and animal health and safety.” [1]
Mustard oil accounts for more than 10% of India’s cooking requirement of approximately 21 million metric tons.
The scientists have spoken, but not everyone is convinced that the information is accurate.