recession

British Living Standards Are Going Down and the Conservatives Only Have Themselves to Blame

According to newly-published figures, inflation-adjusted living standards in Britain have fallen for five out of the last six quarters. Britons today are worse off than they were in the last quarter of 2017.
The post British Living Standards Are Going Down and the Conservatives Only Have Themselves to Blame appeared first on The Daily Sceptic.

The World’s Economic Centre of Gravity Is Returning to Asia

Han Youngsoo (Republic of Korea), Seoul, Korea 1956–1963. In October 2023, the United Nations Conference on Trade and Development (UNCTAD) published its annual Trade and Development Report. Nothing in the report came as a major surprise. The growth of the global Gross Domestic Product (GDP) continues to decline with no sign of a rebound. Following […]

Germany is Heading into a Recession Caused by Its Green Energy Policies, as the Country is Labelled the ‘Sick Man of Europe’

Rising energy costs linked to Germany's green policies are fuelling economic decline and public discontent, boosting the appeal of opposition parties against the Government's green agenda.
The post Germany is Heading into a Recession Caused by Its Green Energy Policies, as the Country is Labelled the ‘Sick Man of Europe’ appeared first on The Daily Sceptic.

The West’s decision to break away from The East has caused the worst recession since 2008.

Eric Zuesse (blogs at https://theduran.com/author/eric-zuesse/) The West’s economic sanctions — and especially the secondary sanctions which the U.S. Government threatened to apply to countries that violate the U.S. sanctions — radically changed international-trade patterns in 2022, and now appear to have caused a decline in the world’s total private wealth for the first time since […]

Economist Who Predicted 2008 Crash Says Another Will Soon Happen

Eric Zuesse (blogs at https://theduran.com/author/eric-zuesse/) Stephanie Pomboy is one of the only 33 economists in the world who predicted the U.S. economic crash that came (despite all of the thousands of other economists who said it wouldn’t); she predicted it on 7 December 2007, which was nearly 10 months prior to the 20 September 2008 […]

The Problem with Environmentalism, and Why a Recession is Definitely Coming, with Second Thought’s JT Chapman

Alan MacLeod speaks with YouTube and podcast star JT Chapman (First Thought, Second Thought, The Deprogram) about what everyone should know about environmentalism, about why a recession is definitely coming (and how we could stop it) and about what progressives and radicals could learn about the economy from WalMart.

Biden Administration Uses New Definition of ‘Recession’ So As To Hide America’s Having Just Been in One

Eric Zuesse In a hearing by the U.S. House Financial Services Committee, on Tuesday June 13th, U.S. Treasury Secretary Janet Yellen was asked and answered the following questions from the Republican Rep. Tom Emmer of Minnesota: 2:28:37 [EMMER] The National Bureau of Economic Research [NBER] is the official recession scorekeeper. 2:28:43 According to the White […]