Progressive Radio Network

Great Recession

Amid continued economic stagnation in Europe, with euro zone output still below the level of 2007, and decelerating growth in China and the so-called emerging…
When investing becomes gambling, bad endings follow. The next credit crunch could make 2008-09 look mild by comparison. Bank of International Settlements(BIS) data show around…
There are roughly three million more U.S. children living in poverty today than during the outbreak of the Great Recession in 2008, and the so-called…
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…
The economic recession that began with the collapse of the housing market in 2007 officially came to an end in June 2009—more than six years…
a vicious circle of hypocrisy: Americans dependent on the safety net are urged to “get a job” by the same free-market system that pays them…
There is a war going on right now between those who are working to protect the commons and the hard-core capitalists, who are working to…
You may recall how in 2013 — and then again in 2015 — President Obama tried to give his economic vision a snazzy name, something…
A complex class system exists in the United States, but the mass media and political rhetoric generally reduces it to three components — one middle class,…
The new fixed-income haven is, of all things, the market for junk bonds. With government bonds in Germany to Japan yielding less than nothing, money…
China has replaced Mexico as the top country of origin for immigrants to the United States, according to a new review of 2013 immigration data.…
More than one in four U.S. renters have to use at least half their family income to pay for housing and utilities. That's the finding…