To stimulate the economy, create new jobs and generate new GDP requires an injection of new money. Borrowing from the bond markets or off-balance-sheet in public/private partnerships won’t do it. If Congress won’t issue money directly, it should borrow from banks, which create money on their books when they make loans. The Trump agenda, it seems, is not set in …
Economic Update – “Moving Beyond Capitalism” – 11.27.16
“Updates on real corporate taxes, Canada’s infrastructure maneuver, economics of real estate, foreign students leaving. Major discussions of economics of interest rate hikes and how the politics of beyond capitalism may work out.”
Rosalind C. Barnett, Ph.D., and Caryl Rivers – The New Productive Workforce: Seniors
Advances in medicine and efforts to prevent chronic diseases are lengthening the healthy life span of Americans. They are also helping create a new and highly productive segment of the workforce: seniors. Women especially will benefit, since a woman turning 65 today can expect to live on average until 86.6 years. And those are just averages. About one out of …
Bill Black: Debt Derangement Syndrome – Saving Our Grandkids from Wall Street
This is Naked Capitalism fundraising week. 1320 donors have already invested in our efforts to combat corruption and predatory conduct, particularly in financial realm. Please join us and participate via our Tip Jar, which shows how to give via check, credit card, debit card, or PayPal. Read about why we’re doing this fundraiser, what we’ve accomplished in the last year, and our fifth goal, more …
Basic Yoga Moves to Improve Balance, Mood and Flexibility
Yoga postures may not be something you’ve thought about for the purposes of improving your overall health and wellness. But research shows that even a daily, two-minute routine can strengthen core muscles throughout your body. Simple yoga moves can also improve your balance, increase your flexibility and even boost your mood. They can be tailored to every fitness level and …
Low Food Prices: Good for Your Pocket, Bad for Small Farmers
ROME, Oct 10 2016 (IPS) – What would be your reaction if you were told that food prices are steadily declining worldwide? Good, very good news, you may say. But do the 600 million small, family farmers, those who produce up to 80 per cent of food in some regions, think the same way? Definitely not at all. In fact, …
Visionaries – 10.10.16
“Technological Optimism.” Technological pessimism holds that our technology is brining us a bleak future. Books like “The Population Bomb” predicted collapse, and such books are still being written. But technology has also brought us unprecedented affluence and information abundance for all. So how should we think about technology? Find more at: https://www.youtube.com/watch?v=0VfMt_BSfic
Alternative Visions – Why the FED Will Soon Raise Rates And What Happens When It Does – 10.07.16
Dr. Rasmus explains why a Federal Reserve interest rate hike is coming very soon. Why central bank monetary policies in US, Europe and Japan have failed miserably to generate real economic growth since 2010, but were always focused on boosting stock, bond and other financial markets. Now, however, they no longer even stimulate financial assets but are increasingly causing financial instability in pension funds, insurance annuities, bank margins, retirees’ consumption, and will therefore soon be shelved. Anticipating the shift, central banks in Europe and Japan are adjusting their monetary policies in turn. The likely negative consequences of the US Fed rate shift globally are discussed. A new shift to fiscal infrastructure spending, business tax cuts, and abandonment of austerity fiscal policies are now on the agenda following the US election and in 2017 in Europe and beyond. The show concludes with analysis of the 1st presidential debate and why Trump, despite a disastrous debate performance may still win critical ‘swing states’ in November.
Nick Beams – IMF cuts growth forecasts for major economies
The International Monetary Fund has revised down its estimates for the US and other advanced economies for this year while maintaining its forecast for global growth as a whole at the low level of 3.1 percent in its latest World Economic Outlook report released yesterday. It said the major economies would grow by just 1.6 percent this year compared to …
Richard Heinberg – Exploring the Gap Between Business-as-Usual and Utter Doom
Predicting the future is a fool’s errand, but everybody does it. As long as we’ve had language—for tens of thousands of years, at last estimate—we’ve been able to formulate the question, “What will tomorrowbring?” The answers have ranged from idyllic to hellish, though the reality has been, more often than not, “a lot like today.” Since the Industrial Revolution, the …