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Category: Economy

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Growing Global Economic Drought, For Real

Recent economic outlooks from both the International Monetary Fund (IMF) and World Bank, global reports on water, farmers’ testimonies before Congress, and the growing world debt — both private and public – all point to an international economy approaching a breaking point. Simon Johnson, a...

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Hedge Funds Dissolve a la 2009

The struggling hedge fund industry is adding its negative notch to the gloomy global economic picture. Bloomberg’s calling it today – Wednesday, April 27: The $2.9 trillion hedge fund industry had the worst start to a year in returns and outflows in at least seven...

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Saudis Wage Violent/Economic Global Wars

We’ve written often of our frustration with the United States pursuing endless war and creating chaos in the Middle East. Meanwhile, recent years have shown Saudi Arabia‘s kingdom advancing with global aggressive war — either violent or economic — detrimentally affecting every continent. It’s vicious...

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Why Greece May Exit EU, Join BRICS

Rumors have begun rising of Greece leaving the European Union and joining BRICS, the alliance of Brazil, Russia, India, China, and South Africa – considered the world’s emerging economies. Combined, BRICS includes 40% of the globe’s population and 20% of the gross world product. Here’s...

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