Progressive Radio Network

Financial crisis of 2007–2008

The ideological and physical hold of American imperial power, buttressed by the utopian ideology of neoliberalismand global capitalism, is unraveling. Most, including many of those at…
As the emerging market meltdown accelerates, plunging half of EM equity bourses into bear market territory and wreaking unspeakable havoc on currencies from LatAm to…
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…
About 75% of US employees work 40 hours or longer, the second longest among all OECD countries, exceeded only by Poland and tied with South…
Risk analyst Nassim Nicholas Taleb predicted the 2008 financial crisis, by pointing out that commonly-used risk models were wrong.  Taleb – a distinguished professor of…
When financial markets crash, they do not do so in a vacuum.  There are always patterns, signs and indicators that tell us that something is…
China’s two main stock markets, the Shanghai and the Shenzhen Exchanges, plunged more than 30% in recent weeks from their previous record highs of June…
The Trade in Services Agreement "responds to major corporate lobbies’ desire to deregulate services," says global trade expert. (Photo: GGAADD/flickr/cc) One day after it leaked a…
According to the Bank for International Settlements (BIS), the shadowy “central bank of central banks,” the world as it stands is incapable of combating another…
Worse than any disease or even leprosy, anyone spouting Austrian economics or even “common sense” (almost extinct today) has been shoved into the outcast corner…
Good definitions of shadow banking -- the ominously-titled corner of the financial system -- are hard to come by. One of the more broader definitions used by the Financial Stability…
In the years immediately following the global financial crisis of 2008, the claim was frequently advanced that, while the major capitalist economies were severely impacted,…