Paul Craig Roberts and Michael Hudson – Russia’s Weakness Is Its Economic Policy

According to various reports, the Russian government is reconsidering the neoliberal policy that has served Russia so badly since the collapse of the Soviet Union.  If Russia had adopted an intelligent economic policy, Russia’s economy would be far ahead of where it stands today.  It would have avoided most of the capital flight to the West by relying on self-finance. …

It’s Our Money with Ellen Brown – Looking Back – Watching Out – 12.23.15

This past year saw the crossing of financial boundaries and traditions around the world as economic and political events continue to make the monetary horizon an ever-changing realm. Digitized dollars and cash-less societies, global banks overruling national democracies and growing populist demands for economic fairness all help shape a view forward suggesting turmoil and perhaps real trouble for dominant bank institutions — and hence our own prospects. Ellen speaks with Wolfram Morales of the German Sparkassen savings banks that have taken it on themselves to help preserve the success of local banks around the world. And co-host Walt McRee joins Ellen and public banking commentator Matt Stannard for a retrospective on the year’s financial stories that they thought significant.