Submitted by Charles Hugh-Smith of OffTwoMinds blog,
Once private credit rolls over in China and the U.S., the global recession will start its rapid slide down the Seneca Cliff.
Few question the importance of private credit in the global economy. When households and businesses are borrowing to expand production and buy homes, vehicles, etc., the economy expands smartly.
Submitted by Andrea Germanos via TheAntiMedia.org,
Former U.S. President and Nobel Peace Prize winner Jimmy Carter has taken aim at the “erroneous” Supreme Court ruling that “gives legal bribery a chance to prevail.”
Carter made the comments, an apparent reference to the 2010 Citizens United ruling, in an interview Wednesday with the BBC’s “Today” program.
http://www.youtube.com/watch?v=NZFc1QqRbbQ
The decision by the US Department of Defense to increase its NATO-related spending on confronting Russia in Europe is harming US-Russia relations and providing zero military benefit to America, according to former US Chief of Naval Operations Theodore Postol. Postol says that the U.S.
There’s been no shortage of coverage both in these pages and elsewhere of the impact falling oil prices have had on the American and Canadian oil patches.
Bernie Sanders looks to be a real contender for the U.S. Presidency after facing off his rivals in a few debates and revealing to the public his anti-establishment credentials and his lifelong fight for justice. He has galvanized an otherwise improvised electorate with his modern way of crowd sourcing his electoral campaign and in return promising real and tangible returns for 99% of Americans. Jacob G.