wall street

by John Mirisch

Times are evidently rough for our natalist, growthmaniac friends.

More people than ever are questioning their agenda of increasing the planet’s population beyond the current 8 billion people (double the level of less than fifty years ago) in the name of “progress” and profit. Yet the growthmaniacs’ only response to anyone who links human population and ecological overshoot is to scream “Malthus!” at the top of their lungs (although some Marvel fanboy growthmaniacs have been known to respond “Thanos!” instead).

The post “I Know You’re Malthusian, But What Am I?” appeared first on Center for the Advancement of the Steady State Economy.

The lockdowns and the stimulus required to keep the economy alive helped drive inflation. Then the Fed jacked up interest rates. And all hell broke loose. On Friday March 10th, 2023, Silicon Valley Bank (SVB) died of Covid. Alright, it’s a little more complicated than that, but Covid lockdowns followed by massive government stimulus were a critical – and massively under-acknowledged – factor in propelling the bank’s demise. At the heart of the crisis is the gigantic pile of low-interest […]

The post How Covid lockdowns primed the current financial crisis appeared first on The Grayzone.

By Ellen Brown / Original to ScheerPost Financial podcasts have been featuring ominous headlines lately along the lines of “Your Bank Can Legally Seize Your Money” and “Banks Can STEAL Your Money?! Here’s How!” The reference is to “bail-ins:” the provision under the 2010 Dodd-Frank Act allowing Systemically Important Financial Institutions (SIFIs, basically the biggest […]

The post What Will Happen When Banks Go Bust? Bank Runs, Bail-Ins and Systemic Risk appeared first on scheerpost.com.

By Patrick Lawrence / Original to ScheerPost O.K., you have a speech of 7,000–odd words to deliver to Congress. It ought to run about an hour as these things go. But you have nothing to say.  Call Joe Biden.  He certainly got the job done Tuesday evening. But I am confused as to our 46th […]

The post Patrick Lawrence: No, Joey, It Still Isn’t Morning in America appeared first on scheerpost.com.

In a video address to a US corporate lobby group, Ukrainian leader Volodymyr Zelensky thanked companies like BlackRock, JP Morgan, Goldman Sachs, and Starlink, insisting “everyone can become a big business by” investing in Ukraine, where “we are defending freedom and property”.

The post Ukraine’s Zelensky Sends Love Letter to US Corporations, Promising ‘Big Business’ for Wall Street appeared first on scheerpost.com.

How the Corporate Takeover of American Politics Began

The corporate takeover of American politics started with a man and a memo you’ve probably never heard of.

In 1971, the U.S. Chamber of Commerce asked Lewis Powell, a corporate attorney who would go on to become a Supreme Court justice, to draft a memo on the state of the country.

Powell’s memo argued that the American economic system was “under broad attack” from consumer, labor, and environmental groups.