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Winona LaDuke – Slow, Clean, Good Food

In an impressive fossil fuels travel day, I left the Standing Rock reservation and flew to Italy for the International Slow Food gathering known as Terra Madre. A world congress of harvesters, farmers, chefs and political leaders, this is basically the World Food Olympics. This is my fifth trip to Italy for Slow Food. I first went with Margaret Smith, …

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Alternative Visions – Deutsche Bank & the Deepening Euro Bank Crisis – 09.30.16

Dr. Jack Rasmus reviews recent developments in the growing instability in Germany’s largest bank, Deutsche Bank, and explains how it is a reflection of a deeper, ongoing crisis in the Euro banking system itself. Parallels of Deutsche Bank—the ‘Goldman-Sachs’ of Germany—with the 2008 crash of US Lehman Brothers investment bank are discussed, with Rasmus predicting the German central bank, Bundesbank, will eventually bail out Deutsche—unlike the US decision in 2008 to let Lehman go under. Also addressed: how Rasmus’ theoretical work published earlier this year, ‘Systemic Fragility in the Global Economy’, predicted the growing crisis in the Euro banking system, which is now expanding beyond Italy’s banks to Germany and beyond. How the Deutsche crisis is exacerbating in-fighting between the Bundesbank and the European Central Bank, the ECB, and attacks on ECB chair, Mario Draghi. The Deutsche-Euro bank crisis is a reflection of the growing awareness of the failure of the ECB and other central banks’ QE and negative rates policies—including the US Federal Reserve—to stimulate the real economy and only boost stock and other financial markets. Jack explains how the Deutsche affair is also a reflection of the failed structure of the Eurozone currency union itself. The show concludes with brief comments on Saudi Arabia/OPEC’s recent decision to cut oil supplies to raise global prices, how Japan is considering redefining its GDP in order to raise growth on paper, and on the phony debate on taxes during the recent 1st presidential debates this past week between Clinton and Trump. (For more on Jack’s analysis of the 1stpresidential debate, read his article at his blog, jackrasmus.com, or go to the PRN website articles archive).

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The U.S. Job Market Is Losing Its Dynamism

Part of America’s advantage over other economies historically has been the pace at which it both creates and destroys jobs. As they face slowing prospects or failure, companies, even whole industries, cut workers . The good news is that new businesses keep popping up to supply new jobs. More than 7 million jobs are created, and almost as many are destroyed, every …

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NATO is Building Up for War

The German city of Frankfurt is continental Europe’s largest financial center and host to the country’s Stock Exchange, countless other financial institutions, and the headquarters of the European Central Bank (ECB) which is responsible for administering the monetary policy of the 18-nation Eurozone. The place is awash with money, as demonstrated by the plush new ECB office building which is …

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The voodoo economics of Europe’s quantitative easing policy

In Europe, failure is no longer an option. If banks are in danger of collapse, in come the bailout loans. If countries have trouble financing themselves, the European Central Bank will buy their sovereign bonds. When inflation falls and growth stalls, there is a cure for that too – quantitative easing. QE, as it’s called, was officially announced in January …

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The Volatility / Quantitative Easing Dance of Doom

The battle between the ‘haves’ and ‘have-nots’ of global financial policy is escalating to the point where the ‘haves’ might start to sweat – a tiny little. This phase of heightened volatility in the markets is a harbinger of the inevitable meltdown that will follow the grand plastering-over of a systemically fraudulent global financial system. It’s like a sputtering gas …

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24,000 Chemicals may be Tainting Your Bottled Water

Tap water is by no means something to reach for when looking to achieve optimal health (check this out to see why that is). But unfortunately, the common alternative of bottled water isn’t really much better. Not only does the massive amount of plastic used to produce bottled water desecrate our lands and oceans, but research has actually found bottled water to …

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Toxic Chemicals Costing Society Billions in Damages to Human Health Alone

Hormone-disrupting chemicals found in human-made products—from plastics to pesticides—are causing health problems that cost society billions, a new study finds. Published Thursday in the Journal of Clinical Endocrinology and Metabolism, the examination was conducted by eighteen researchers in eight countries and is the first attempt to quantify the concrete costs of these chemicals. According to researchers, the costs come to more than $170 …