Doom [Reader Post]

Doom [Reader Post]

I’m channeling the Monty; bringing you a healthy dose of DOOOOOM – one lump or two? Global economic growth has collapsed. WTO cuts global trade growth outlook. US durable goods orders dived 13.2 percent, the largest drop since January 2009. Double dip, data suggests...
Institutionalized Failure [Reader Post]

Institutionalized Failure [Reader Post]

I just read a most excellent thesis by Daniel Greenfield, who you may know as Sultan Knish. It starts: Too big to fail” empowers “too big to fail” systems and “too big to fail” economies. Encouraging debt and the eventual assumption of debt passed on and commodified...