Trump has introduced his long-awaited tax cut, estimated between $2.0 to $2.4 trillion. Like so many other distortions of the truth, Trump…
The Trump-US House $4.6 Trillion Tax Cut
Predicting ‘Minsky Moment’ in Global Financial Instability
Nothing will change so long as the Corporate Party of America is allowed to continue its neoliberal tax giveaways
The most reliable guide to understanding neoliberalism is Jack Rasmus’s book, Central Bankers on the Ropes, which examines the fundamental role of central banks in our current savage global economy.
Why Syriza Continues to Lose
Contrary to many critiques of rising debt levels since 2009, it is not the level of debt itself that is the problem and the harbinger of the next financial crash. It is the inability to pay for the debt, the principal and interest on it, when the next recession occurs
The fundamental changes in the global economy and radical restructuring of financial, capital and labor markets have severely blunted central banks’ main monetary tool of interest rate management
Is it a presidency where he makes his late night calls to his moneybag friends, like the billionaire Mercers and others, to find out “How am I doing guys’’? while the rest of the representatives of the economic and political elite run the show? Is this a Trump presidency or a government by Generals-Goldman Sachs-Pence, with son in law Kushner functioning as intermediary between them
Business interests were united, while the left and right alternative parties were divided
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