The latest U.S. data proves the world is in its steepest freefall ever—and the old economic and political playbooks don’t apply.
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Austerity
Ashoka Mody: The eurozone is having an identity crisis and Italy will bear the brunt
Rather than rethink their broken economic model, European leaders will drive Italy into an unmanageable situation. Read here
Economics
Bill Mitchell: Bundesbank remits record profits to German government while Greek health system fails
This is the advantage of being the EU and euro hegemon: you are always the winner. This does not stop the Germans from complaining that the European Central Bank is ruining their economy. Never a […]
Geopolitics
Larry C. Johnson: The Failure of US and Israeli Air Defense
While the US and Israel are delivering some punishing blows in Iran, Iran continues to successfully attack US military and intelligence targets in the Persian Gulf countries and is pummeling Israel. Read Article HERE Photo: […]
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