Tags » Global Economic Crisis

BRICS Announce $100 Billion Reserve Bypassing Privately Controlled Central Banks*

BRICS Announce $100 Billion Reserve Bypassing Privately Controlled Central Banks*

By Tyler Durden

As we suggested last night, the anti-dollar alliance among the BRICS has successfully created a so-called “mini-IMF” since the BRICS are clearly furious with the IMF as it stands currently: this is what the world’s developing nations just said on this topic… 918 more words

Society

Germany on the Verge of Bankruptcy*

Germany on the Verge of Bankruptcy*

By Kenneth Schortgen Jr

On July 9, German legislators voted to approve bank bail-ins as the primary solution for re-capitalization the next time their financial system experiences a collapse or major crisis.   601 more words

Society

Detroit Residents Fight to Keep Homes They Own, But Developers are Trying to Sell*

Detroit Residents Fight to Keep Homes They Own, But Developers are Trying to Sell*

ByLauren Abdel-Razzaq

One day, residents in the Gratiot McDougall Homes project near Eastern Market were living their lives. 541 more words

Society

You Pay more while Banks Profiteer in a Cashless Society...that’s the Convenience*

You Pay more while Banks Profiteer in a Cashless Society…that’s the Convenience*

By Holly Black

The No 505 bus from King’s Lynn town centre to Spalding is about to drive off. 1,889 more words

Society

EU to investigate Amazon*

EU to investigate Amazon*

Officials from the European Commission have demanded that Luxembourg hand over documents relating to book retailer Amazon’s tax affairs. The crackdown by the EU has already affected Apple, Starbucks and carmaker Fiat’s financial arm. 374 more words

Global Governance

The Global Economic Crisis: Causes and Devastating Consequences

Source: The Real Agenda, by Michel Chossudovsky

In all major regions of the world, the economic recession is deep-seated, resulting in mass unemployment, the collapse of state social programs and the impoverishment of millions of people. 282 more words

Financial/Societal Collapse And Dependence

18 Signs That The Global Economic Crisis Is Accelerating As We Enter The Last Half Of 2014

Source: Economic Collapse Blog, by Michael Snyder

A lot of people that I talk to these days want to know “when things are going to start happening”.  395 more words

Financial/Societal Collapse And Dependence