US economy – Page 36 – THE OVAL CIRCLE

US Fed creating the next big collapse & should be put out of business – chief strategist tells Boom Bust

Posted on March 11, 2020March 11, 2020By Editor

US President Donald Trump has ramped up pressure on the Federal Reserve this week, renewing calls to bring the rates to zero. The Fed should be “a leader, not a very late follower,” Trump said. … Read More >US Fed creating the next big collapse & should be put out of business – chief strategist tells Boom Bust

USA

Coronavirus panic could severely hit US services economy, former Fed insider tells Boom Bust

Posted on February 26, 2020February 26, 2020By Editor

Stocks are seeing a second straight day of losses as global coronavirus fears shake the financial markets. RT’s Boom Bust looks into economic reactions and at how the Federal Reserve could react. … Read More >Coronavirus panic could severely hit US services economy, former Fed insider tells Boom Bust

USA

Who Can NOW Say America Hasn’t Become a Mega-Corporate Dictatorship?

Posted on February 9, 2020February 9, 2020By Editor

Jon Hellevig posted on January 16th at The Saker, “Capitalism in America: How a Dismal Decimal is Robbing Americans Blind” the most extensive and up-to-date compendium anywhere, of data on economic inequality in America … Read More >Who Can NOW Say America Hasn’t Become a Mega-Corporate Dictatorship?

USA

Living in Inequality, Dying in Despair

Posted on February 9, 2020February 9, 2020By Editor

Americans are living a little longer. But we still lag well behind the developed world’s life expectancy norm. As the world’s most unequal developed nation, we shouldn’t be surprised. … Read More >Living in Inequality, Dying in Despair

Business

‘Alienate countries around the world’: Washington pushes ahead with plan to punish ‘currency manipulation’

Posted on February 4, 2020February 4, 2020By Editor

The US Department of Commerce has finalized new rules to impose anti-subsidy duties on products from countries that it has determined undervalue their currencies against the dollar. … Read More >‘Alienate countries around the world’: Washington pushes ahead with plan to punish ‘currency manipulation’

USA

How The Military-Industrial Complex Gets Away With Murder in Contract After Contract

Posted on January 21, 2020January 21, 2020By Editor

A Congress that allows endless wars, terrible spending practices, and multiplying conflicts of interest is, as the history of the twenty-first century has shown us, a recipe for disaster. … Read More >How The Military-Industrial Complex Gets Away With Murder in Contract After Contract

USA

Mother of all ironies: US veterans are returning to Vietnam ‘for a better life’

Posted on January 6, 2020January 6, 2020By Editor

It sounds almost unbelievable, but a number of US citizens are deciding to cash out of the elusive ‘American dream’ as they settle down in foreign places, such as Vietnam, where many of them were once loathed as invaders. … Read More >Mother of all ironies: US veterans are returning to Vietnam ‘for a better life’

Documentary

How poor people survive in the USA | DW Documentary

Posted on December 22, 2019December 22, 2019By Editor

Homelessness, hunger and shame: poverty is rampant in the richest country in the world. Over 40 million people in the United States live below the poverty line, twice as many as it was fifty years ago. It can happen very quickly. … Read More >How poor people survive in the USA | DW Documentary

USA

All I want for Christmas is $23tn in debt: Rand Paul lays waste to reckless US spending in annual Festivus Report

Posted on December 20, 2019By Editor

Offering some relief from the impeachment spectacle grinding on in Washington, Senator Rand Paul has released his yearly Festivus Report, chronicling the outrageous – but sometimes comical – spending habits of the US government. … Read More >All I want for Christmas is $23tn in debt: Rand Paul lays waste to reckless US spending in annual Festivus Report

Op-ed

The wolf that ate Wall Street: US economy roars amid rising income inequality

Posted on December 4, 2019December 4, 2019By Editor

As the US stock market continues to set records, and the economy creates millions of new jobs, many Americans are forced to settle for low-paying work and meager benefits. How long can the inequality continue? … Read More >The wolf that ate Wall Street: US economy roars amid rising income inequality

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