During the Great Depression, big business needed rebranding. Blamed for the crash, belittled in the press, and beset by the New Deal’s regulatory state, corporate leaders decided they had to improve their image, and soon. “The public does not understand industry,” an executive complained, “because industry itself has made no effort to tell its story; to show the people of …
The Era of Impact – John Michael Greer
Of all the wistful superstitions that cluster around the concept of the future in contemporary popular culture, the most enduring has to be the notion that somehow, sooner or later, something will happen to shake the majority out of its complacency and get it to take seriously the crisis of our age. Week after week, I field comments and emails …
Finance Officials: Threats To Global Economy On The Horizon – Martin Crutsinger & Harry Dunphy
World finance officials said Saturday they see a number of threats on the horizon for a global economy still clawing back from the deepest recession in seven decades, and a potential Greek debt default presents the most immediate risk. After finance officials wrapped up three days of talks, the International Monetary Fund’s policy committee set a goal of working toward …
The Volatility / Quantitative Easing Dance of Doom
The battle between the ‘haves’ and ‘have-nots’ of global financial policy is escalating to the point where the ‘haves’ might start to sweat – a tiny little. This phase of heightened volatility in the markets is a harbinger of the inevitable meltdown that will follow the grand plastering-over of a systemically fraudulent global financial system. It’s like a sputtering gas …