ONS TECH GLOBAL

Economy

economy

Corporatist Lobbying Replaced A Free Market

The practice of a pure free market is so rare that a plausible argument can be made that a free market economy never existed. However, as the saying goes, Once Upon A Time, economic commerce did reflect a voluntary basis for business transactions. The fortunes of trade rested upon the mutual benefit of all parties, ...Read More »

The Great G7 Swindle

(The Real Agenda News) The countries that are part of the G7 today are the same that have been members for years. The leaders that allegedly represent their countries in meetings such as the G7, have been in power for years, too. Every time these so-called leaders meet, their official goal is to “improve the ...Read More »

What Is The Federal Reserve – And Why Is It Private?

Amazingly enough, most people don’t know that the Federal Reserve Bank is a private institution. It’s so private that despite its profound influence and power, no one is allowed to know who the board of directors are or any of its inner workings. Yet they control not just the production and flow of money in ...Read More »

The Next Employment Crisis Is Here: Job Cuts At U.S. Companies Jump 35 Percent In April

Should we be alarmed that the number of job cuts announced by large U.S. companies was 35 percent higher in April than it was in March?  This is definitely a case where the trend is not our friend.  According to Challenger, Gray & Christmas, U.S. firms announced 65,141 job cuts during April, which represented a ...Read More »

Rail Traffic Depression: 292 Union Pacific Engines Are Sitting In The Arizona Desert Doing Nothing

We continue to get more evidence that the U.S. economy has entered a major downturn.  Just last week, I wrote about how U.S. GDP growth numbers have been declining for three quarters in a row, and previously I wrote about how corporate defaults have surged to their highest level since the last financial crisis.  Well, ...Read More »

Gold And Silver ARE The Only Money [Hardly] In Existence.

By: Edge Trader Plus | Gold and silver ARE money.  Neither is a “currency,” although money is often cited as interchangeable with currency.  Take the Federal Reserve Note, [please!], as an example. A Federal Reserve Note [FRN], is more commonly known as a “dollar.”  Even though the word “dollar” appears on every FRN, each and ...Read More »

Obama’s Economic Legacy: Thirdworldizing America

  The New York Times colluded with Obama, presenting the illusion of economic recovery, twisting reality, ignoring cold hard facts. Interviewed by its financial columnist Andrew Sorkin, a false picture of his economic record was presented. America’s 1% never had things better. Protracted Main Street Depression conditions affect most others. One out of four working-age ...Read More »

Alasdair Macleod: If You’ve Got Gold, You’ve Got Money – If You Haven’t Got Gold You’ve Got A Problem (VIDEO)

Akin to ancient Rome, the United States has over-extended herself. She has created a climate that could easily be transformed into a war on a slight pretext. Wars, as it is well known are also a means a nation can extricate itself from debt and financial responsibility.  – The U.S. Endgame, Jeremiah Johnson (nom de plume, ...Read More »

The U.S. Economy Officially Joins The Global Economic Slowdown – 1st Quarter GDP Comes In At 0.5%

Even the government is admitting that the U.S. economy is slowing down.  On Thursday, we learned that U.S. GDP grew at just a 0.5 percent annual rate during the first quarter of 2016.  This was lower than analysts were anticipating, and it marks the third time in a row that the GDP number has declined ...Read More »

Repeal Of Glass-Steagall And The Too Big To Fail Culture

During the 1990’s the conventional economic wisdom supported the repeal of Glass-Steagall. However, “10 years later, the end of Glass-Steagall has been blamed by some for many of the problems that led to last fall’s (2008) financial crisis. While the majority of problems that occurred centered mostly on the pure-play investment banks like Lehman Brothers, the huge ...Read More »

Gold And Silver – A Clarion Alarm Call For All Paper Assets

By: Edge Trader Plus | Perhaps the most successful Ponzi scheme of all has been the Rothschild-led takeover and sapping of the entire United States since the American Civil War that started in 1861.  The final stages were set with the not-so-lawfully-passed but fully implemented Federal Reserve Act on 23 December 1913.  The fact that ...Read More »

Economy In Decline: Apple Reports Massive Revenue Decline As iPhone Sales Plummet Dramatically

Corporate revenues in the United States have been falling for quite some time, but now some of the biggest companies in the entire nation are reporting extremely disappointing results.  On Tuesday, Apple shocked the financial world by reporting that revenue for the first quarter had fallen 7.4 billion dollars compared to the same quarter last ...Read More »

Stories Of Despair From The Forgotten People That The U.S. Economy Has Left Behind

There is so much economic despair in our country today, but if you have a good job and if you live in a good neighborhood you might not ever encounter it.  There really are “two Americas” in 2016, and they are getting farther and farther apart with each passing year.  On the one hand, you ...Read More »

One More Casualty Of The 9/11 Farce - The Petrodollar

It’s been about 15 years now since passenger airliners struck the World Trade Center towers on 9/11, and we are still suffering the consequences of that day, though perhaps not in the ways many Americans might believe. The 9/11 attacks were billed by the Bush Administration as a “wake-up call” for the U.S., and neocons ...Read More »

In 1 Out Of Every 5 American Families, Nobody Has A Job

If nobody is working in one out of every five U.S. families, then how in the world can the unemployment rate be close to 5 percent as the Obama administration keeps insisting? The truth, of course, is that the U.S. economy is in far worse condition than we are being told. Last week, I discussed ...Read More »

Older Entries »