Economic Update – A Tale of Two Crises: 1929 and 2008 – 09.03.17

Updates on US working conditions 2017, looming US recession and plans for negative interest rates, schools raise funds by shaming poor school children, and the economics of fascism. Major discussion: why FDR’s New Deal (successful trickle up economics) was not repeated after 2008 (unsuccessful trickle down economics). Consequences of post-1945 destruction of coalition that produced New Deal. Download this episode …

The Gary Null Show – 08.15.17

The next financial crisis on the horizon and the role of the Central Banks in bringing it about  Dr. Jack Rasmus is a professor of political economics at St. Mary’s College and Santa Clara University in California.  Prior to teaching, he was an economic analyst for several global corporations and an organizer, negotiator and business representative for several labor unions. At one …

Alternative Visions – The New Phase of Global Capitalism Post-2008 – 07.07.17

Dr. Rasmus explains how the global capitalist economy entered a new phase of evolution with the 2008-09 global financial crash and recession, and how central banks have become the primary economic policy institution for the advanced economies.  Central banks have been transformed since 2008 from institutions designed to bail out the private banks in periods of crises, into institutions that …

The Gary Null Show – 06.20.17

Threatening bubbles on the horizon, debt  and what does this mean for average Americans?  Dr. Jack Rasmus is a professor of political economics at St. Mary’s College and Santa Clara University in California.  Prior to teaching, he was an economic analyst for several global corporations and an organizer, negotiator and business representative for several labor unions. At one time he …

Alternative Visions – The Trump Budget: Absurd Assumptions Run Rampant – 05.26.17

Dr. Rasmus examines the Trump budget released this past week, which is based on a crude restatement of Supply Side economics bullshit that has had no evidence in reality since it was first introduced under Reagan in 1981. Rasmus explains why the budget’s ridiculous assumption of 3-3.5% GDP for the next decade is nonsense. How the budget double counts tax …

Ellen Brown – The Italian Banking Crisis: No Free Lunch – Or Is There?

It has been called “a bigger risk than Brexit”– the Italian banking crisis that could take down the eurozone. Handwringing officials say “there is no free lunch” and “no magic bullet.” But UK Prof. Richard Werner says the magic bullet is just being ignored. On December 4, 2016, Italian voters rejected a referendum to amend their constitution to give the …

Simon Kennedy – Wall Street Is Running the World’s Central Banks

Wall Street is again leading to the corridors of central banks. From Minneapolis to Paris, investors and financiers are increasingly being hired to help set monetary policy less than a decade since the banking crisis roiled the world economy and chilled their public-sector employment prospects. Academic studies of historical voting records at central banks suggest the new trend may mean …

Graham VanBergen – Financial Meltdown and the Confiscation of Bank Savings: The UK-EU Bank Depositor “Bail-In” Scheme

Shares and stocks are tumbling around the world, with investors worried that the next global crisis has already begun. There is considerable uncertainty and nervousness amongst economists and trend forecasters. Government’s sooth jittery markets with misinformation in the hope that confidence does not evaporate and their legitimacy with it. If another crisis gets underway – do you think that the money you …

Matthias Chang – The US King Dollar Has No Clothes. America’s “Toilet Paper Money”

The conventional wisdom is that no other currency in the world can support the global bond market save the US$ Toilet Paper Money. Therefore, we cannot do without the US$ toilet paper money! The so-called experts in economics, including the Nobel Laureates are always reciting the mantra of the global central banks led by the FED and the Bank of …