Below you'll find a list of all posts that have been tagged as “Black Monday (1987)”
Dr. Guy McPherson is a professor emeritus of Natural Resources, Ecology and Evolutionary Biology at the University of Arizona. He has specialized in forest resources, energy decline and climate change and its economic consequences. In the past he has also taught at Texas A&M and University of California at Berkeley. Having become disillusioned with the American university environment and academia, and after …
People in America get really angry at the Federal Reserve and at the “money system” in general during economic crises. The Fed draws hostility because of its power, its insulation from democratic accountability, its lack of transparency, and because of its historical and structural connections to finance. It has a lot of power in the economy because it has a …
A Dublin court has sent three former senior banking executives to jail for committing “sham transactions” in an effort to deceive customers and shareholders during the 2008 financial crisis. “The trio will be among the first senior bankers globally to be jailed for their role in the collapse of a bank during the crisis,” as Reuters reports. Former Anglo Irish Bank executive …
Be reasonable in response to the unreasonable: this is what voters in the Labour election are told. Accommodate, moderate, triangulate, for the alternative is to isolate yourself from reality. You might be inclined to agree. If so, please take a look at the reality to which you must submit. To an extent unknown since before the First World War, economic …
Sharmini Peries: The Dow Jones trading took a deep drive this week, dropping over 1,000 points in the first 20 minutes of trading. It is now slowly reversing itself, but it was the greatest loss in trading since the 2010 crash. Here to discuss all of this, we’re joined by Michael Hudson. Michael Hudson is a distinguished research professor of economics …
“The media is biased,” is a complaint that media organizations receive a lot, so they tend to be fairly wary of overtly partisan reporting. However, while media organizations are loath to seem partisan, they are often deeply unaware of other deep biases they hold. One psychological bias humans suffer from is the “availability heuristic”—a tendency to generalize based on our …
Guest #1 – Gerald Celente is one of today’s pioneers in trend strategy. He founded the Trends Research Institute in Kingston NY and is the publisher of the Trends Journal that has been published since 1980. He has since become one of the nation’s most sought after diagnosticians and forecasters He is also the founder of Trends TV, which provides monthly videos and analysis of current events and their likely direction and outcome. His institute also hosts frequent peace, prosperity and trends conferences. Gerald’s insights have been sought for by major networks, PBS and BBC, Russian TV, and publications such as the Economist and major newspapers. Gerald will also be launching the Occupy Peace initiative in Kingston NY this September – more on that later. His website is TrendsResearch.com
Guest #2 – M Jackson is an environmental educator and two time Fulbright Scholar currently completing her doctorate in earth sciences at the University of Oregon where she is specializing in glaciers, the Arctic and climate change. She has been a National Geographic Expert in its Student Expeditions Program and has received over 20 national awards for her academic and creative endeavors. M is the author of a recent book being widely recognized within the climate change community – “While Glaciers Slept: Being Human in a Time of Climate Change” – which interweaves the personal loss of life with the loss of an inhabitable planet and how awakening to the grieving process to demise can lead us to positive solutions to face the challenges ahead. More information can be found about M at Green Writer Press website GreenWritersPress.com
It’s officially Black Monday, if only in China for now. We warned on Friday, after last week’s China rout, that the market is getting ahead of itself with its expectation of a RRR-cut by China as large as 100 bps. “The risk is that there isn’t one.” We were spot on, because not only was there no RRR cut, but …
