We must begin to curb the power of corporations
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The revelations of the Paradise Papers, the earlier Panama Papers and
numerous articles in the western mainstream and alternative media
demonstrate just on...
I'm putting this here rather than a new post.
ReplyDeleteI'm sick and tired of CBC radio being such a "shill" network for government and big buisiness. On the way home I heard Mr. McNamee, illustrious financial affairs correspondent, talking about how people returned to the safety of the US dollar today in light of the tragedy in Japan. Huh? up 0.02%? Has he even been looking at the markets lately? Over the last several weeks the USD has slid steadily towards the edge of the abyss of non-confidence. In the face of two months of global mayhem and fear the USD has fallen. This says volumns as does the fact that China and Russia have all but stopped using USD's as a currency of trade and most importantly NO ONE, it seems, is interested in US bonds either. Wake up all you buisiness reporters...if you want to be taken seriously then start reporting the truth not some pro-Wall Street rhetoric.
http://www.forexpros.com/news/economic-indicators/u.s.-tic-long-term-purchases-decline-unexpectedly-in-january-201386