Money Markets: Who’s Pulling the Strings?

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Central banks are meddling behind the scenes, artificially reflating companies that have not ever made a penny of profit, floating for eye-watering sums. When everybody is thinking the same thing, it is likely that no one is really thinking at all. Co-founder and presenter, Ross Ashcroft interviews investor, hedge fund manager and author of Planet Ponzi, Mitch Feierstein.

Did you know housing gets counted twice in GDP?

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Your car gets counted once when it is built, not when it is driven. Your clothes, your bicycle, your furniture, all get counted once when they are manufactured, and not again when they are worn, ridden, or sat on. But homes are counted twice in GDP, writes Dr Cameron Murray: Once when they are constructed, and again when they are occupied. If we are going to count housing in GDP, shouldn’t we count it just once?

None so blind as those who will not see

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There is no other way to describe economics in 2017 than wilful blindness, writes economist Professor Steven Keen.  Nobel Laureates who claimed financial crises were now impossible also claimed the 2008 Global Financial Crisis could not have been predicted. This is all, of course, nonsense. The evidence was there all along. Those with the power to change the course of history simply chose to ignore it.

The insidious nature of power

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Our problems will not be solved by the victory of one party over another, or of one ‘ism’ over another. Changing lawmakers from ‘conservatives’ to ‘liberals’ or ‘liberals’ to ‘socialists’, without reforming how the laws are made is like asking the orchestra to play a happy tune whilst the ship goes down, writes Mark GB. Our problems arise from the centralisation of power and money in the hands of unaccountable vested interests. We need fundamental reform of the political and monetary system itself.

Neoliberalism is a form of fascism

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The public service has been made a mockery. Neoliberal ideology now competes with the laws of Parliament. The rule of law is compromised. Every part of the state has become subject to a totalitarian and nihilistic ideology, usurping even classical economics where work was an element of demand, to the extent there was respect for workers. Neoliberalism is a form of economism that strikes at every moment and every sector of our community. It is a form of extremism.

Socialism for the best of us, capitalism for the rest of us

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These government champions of the free-market are living a lie, stripping social-spending while shelling out billions to the private sector, all while taking home benefits the rest of us could only dream of. The private sector has its own government dole system, writes editor-in-chief, Claire Connelly. If these companies are so troubled by government welfare, they should pay back every cent of government bailouts, tax credits and subsidies they have received over the years.

#FakeData: Deciphering the swamp’s unemployment deception

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We need an open investigation into Hillary Clinton’s emails, the entire ‘fake news’ Russian collusion affair and James Comey’s fake FBI investigation,  and not for the reasons you think. Congress has failed to take responsibility for its bevy of problems; and its unshining example has corrupted all our other national institutions. Partisan bickering and political spin is simply a diversion from the action that American people deserve — and the truth that the American people require.

The reasons we go to war – who do you believe?

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Throw a dart at the map of the world and chances are it will land in or near a territory in which the US and its allies have ‘promoted democracy’, made a ‘humanitarian intervention’, and/or  ‘defended western values’, leaving behind the stench of  JP Morgan, Standard Oil, Halliburton, and the Cheney and Clinton dynasties.  The concept of ‘left and right’ is a sideshow for the plebs – MarkGB examines how war has become a reliable profit centre for government cronies.