Most American's don't even know the true definition of Socialism...

Heading into that. We’re fiscal flows peak. Is this a stock market peak as well?

For those old enough to remember the 1960s, the denials of the oil companies these days have a certain ring. Back then smokers were dying and the tobacco companies lying. Then Bogie, Ty, Errol, Clark, and Coop. Finally, it was all too much. Hollywood was good at dying. But, the real thing? Reality hits. Big Tobacco was real good at lying and hiring Senators who wail about livelihoods, theirs and others, being dependent. It was the lying what did it,...

Connecting dots?CaitlinJohnstone.com.auFunny How The UFO Narrative Coincides With The Race To Weaponize SpaceCaitlin Johnstone

We have all been hearing about, feeling the effects of, and coming to terms with various crises: Covid-19, climate change, political polarization, etc. Taimur would argue however that there is deep crisis of despair gestating underneath the veil of political disagreements & policy debates. This is the result of a growing sense of uncertainty creeping into spaces that we were “sure of”; sensory and emotional overloads resulting from surface-level, dopamine/cortisol inducing...

More on alternative payments system and BRICs currency.Naked CapitalismAlt-Media Is in Shock After the BRICS Bank Confirmed That It Complies with Western SanctionsAndrew Korybko, American geopolitical analyst and independent journalist based in Moscow, and member of the expert council for the Institute of Strategic Studies and Predictions at the People’s Friendship University of RussiaKo

We really get to see how absurd humanity can be when put in a neoliberal ideological straitjacket when we see serious discussion by serious and educated people about the government paying itself back for losses it makes by loaning itself currency that it issues as a monopolist. They conduct these conversations through the lens of complicated accounting structures that try to obscure what is actually going on and then invite political commentary from others that have no real idea of what is...

Video and transcript.Michael Hudson — On Finance, Real Estate And The Powers Of NeoliberalismGlobal Economic History in 2.5 HoursMichael Hudson. President of The Institute for the Study of Long-Term Economic Trends (ISLET), a Wall Street Financial Analyst, Distinguished Research Professor of Economics at the University of Missouri, Kansas City, and Guest Professor at Peking University

Government Deficit Fueling Growth or Inflation?

Continuing improvement in new jobless claims re-sets the clock  – by New Deal democrat Let’s get the easy part of this morning’s slew of data out of the way first:  initial jobless claims declined -7,000 to 221,000. The 4 week average declined -3,750 to 233,750. With a one week lag, continuing claims declined -50,000 to 1.690 million: All of these are generally 5 month lows. The more important YoY% change for forecasting purposes also...