Skip to main content

Socialism At Its Finest After Fed’s Bazooka Fails

Ellen Brown Web of Debt
When the Covid-19 scare has passed, we will have a different government, a different economy and a different financial system. We need to make sure that what we get is an upgrade that works for everyone.

A Crash With Chinese Characteristics

Sean Starrs Jacobin
The massive $3.2 trillion destruction in financial value hasn’t sparked a broader financial crisis in China — an illustration of how China’s financial system is different from other major powers. While the People’s Bank of China has sufficient firepower to reverse a crash of several trillion dollars (far more than most other countries), China’s financial system is also comparatively isolated relative to both global finance and China’s own domestic population.
Subscribe to stock crash