debt

Vaccine Will Not Reverse Economic Problems

No matter how many vaccines are rush-produced by large for-profit corporations with a long record of malpractice, vaccines will not reverse severe economic deterioration because the economic collapse, nationally and internationally, was not caused by any virus.1 The economic depression that is unfolding was a long time in the making and was accelerated and intensified […]

Critical Lessons From Dr. Martin Luther King For These Times

NOTE: Margaret Flowers and Askia Muhammad will co-host an inaugural special on Pacifica Radio on Wednesday, January 20 from 6:30 to 8:00 pm Eastern. It can be heard on WBAI and WPFW. The theme will be Dr. King’s triple evils and what Biden’s cabinet picks tell us about what we can expect from this administration. […]
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Indian Farmers on the Frontline Against Global Capitalism

In a short video on the empirediaries.com YouTube channel, a protesting farmer camped near Delhi says that during lockdown and times of crisis farmers are treated like “gods”, but when they ask for their rights, they are smeared and labelled as “terrorists”. He, along with thousands of other farmers, are mobilising against three important pieces […]

Economic Nightmare Shows Need for New Aim and Direction for the Economy

The U.S. labor force participation rate stood at 61.5% in November 2020, the lowest rate in 44 years. According to Investopedia: The labor force participation rate is a measure of an economy’s active workforce. The formula for the number is the sum of all workers who are employed or actively seeking employment divided by the […]

Tackling the Infrastructure and Unemployment Crises: The “American System” Solution

A self-funding national infrastructure bank modeled on the “American System” of Alexander Hamilton, Abraham Lincoln, and Franklin D. Roosevelt would help solve two of the country’s biggest problems. Millions of Americans have joined the ranks of the unemployed, and government relief checks and savings are running out; meanwhile, the country still needs trillions of dollars […]

No, no si se puede, hombres: That’s how the cookie crumbles!

Someone said, “If you don’t have something nice to say about someone, don’t say anything.” Oh, the idiocy of America!! Shit-dog, this country, now, and going back when I was in my teens (13 when my family moved us from Paris, France, to Arizona – of all places), well, lying, cheating, achy-breaky heart, don’t you […]
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No Work, Little Work, Too Much Work, UBI/DIY/Gig Economies

It’s an unprecedented coalition of business networks that have come together to raise our ambition. Not just to help our individual CEOs succeed, we’ll do that for sure. But to actually bring their voices together to help shift culture. So that the pushback on the BRT [Business Roundtable] from different business publications or other people […]

Social Security Cuts! Pensions Will Be Cut! Crisis of 2020 Put Funds Into Critical State

source Social security will be cut, there’s no doubt. The fund is nearly depleted and something needs to be done. The easiest path is to phase in a cut. Less money for you. Remember those bailouts of those multinational organizations? They got the money. You didn’t. You won’t even get back what you paid in. […]

The Broken Economy Leaving Millions Without A Job! Economic Crisis or Opportunity?

source   How the Global Economic Collapse Will Happen (Explained In 60 Seconds)   Central Banks embarked on a journey during the financial crisis. Globally, interest rates were brought down to record lows. Monetization of assets, whether it be government debt, corporate debt, or toxic assets, were rescued by central banks and put on their […]