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Meditations and Molotovs – 07.17.17

On today’s program, Vince plays Part 3 of Adam Curtis’ documentary series, “The Trap.” The final program of Curtis’ 2007 series focuses on the concepts of positive and negative liberty introduced in the 1950s by Isaiah Berlin. Curtis briefly explains how negative liberty could be defined as freedom from coercion and positive liberty as the opportunity to strive to fulfill …

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Alternative Visions – The Trump Budget: Absurd Assumptions Run Rampant – 05.26.17

Dr. Rasmus examines the Trump budget released this past week, which is based on a crude restatement of Supply Side economics bullshit that has had no evidence in reality since it was first introduced under Reagan in 1981. Rasmus explains why the budget’s ridiculous assumption of 3-3.5% GDP for the next decade is nonsense. How the budget double counts tax …

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Alternative Visions -Potholes Emerging in the US Economy? -05.19.17

Last week the US stock market experienced a major hiccup as it now appears the US economy is softening in areas and the ‘Trump Trade’ may not materialize. Dr. Rasmus explores the soft spots in the US economy in US policy, business spending, household consumption, trade and government spending. Consumer and Corporate debt data released by the NY Federal Reserve …

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Alternative Visions – The Federal Reserve Hikes Interest Rates—What’s Behind the Decision – 03.17.17

The Fed raised interest rates again this past week. Jack explains it has little to do with it having reached its inflation or employment targets, but represents the major policy shift underway by US economic elites. From Fed low interest policy for eight years subsidizing stock, bond and financial assets—and thereby corporate and investor profits and incomes of the wealthiest 1%–the shift now underway is to subsidize profits and incomes of the 1% by cutting taxes, deregulation, and moderate infrastructure spending. Sustained low Fed rates were beginning to cause more instability in financial markets after 8 years. They played their part in boosting profits and incomes; now another policy ‘mix’ is emerging. Jack shows how Fed 2% inflation and job targets are phony justifications for Fed low rate policy continuation; how and why long term rates which the Fed doesn’t control will continue to rise, and what the global responses and effects in Europe, Japan and China will be to the new Fed direction. Will the Fed be used by the US economic elite to check Trump? Possibly.

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ROBBIE GRAMER – India Overtakes Britain as the World’s Sixth-Largest Economy

Score one for the post-colonial underdog. India’s economy has reportedly overtaken the United Kingdom’s for the first time in over 100 years, now standing as the world’s sixth-largest economy by GDP after the United States, China, Japan, Germany, and France. The milestone is a symbol of India’s rapid economic growth and, conversely, the U.K.’s post-Brexit slump. Economically, it’s been a …

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Junaid Ghoto – The Myth of India as an Upcoming Asian Economic Powerhouse. Rising Poverty and Social Inequality

Regret or not, but it is important to see where India stands today, the idea to write regarding this is to differentiate the illusion from fact and give reason so the sane understanding follows. A nation is called developing not because of its population, or defense budget, but how good the people fare in that country; it is about the …

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Expat Files – 12.09.16

#1- Part 3: The Decameron “all inclusive” Latin beach resorts revisited.
One of the least expensive “all inclusive” first-world style resort packages by far- and one place that almost no native born Americans have ever heard of- today we explore their Special Membership Club package in more detail. We find out how much it really costs to retire and live at one or more of these resorts year round including the add on’s and extras you should be aware of before signing on the dotted line.

Expat Files – 12.04.16

#2- The Decameron “all inclusive” Latin beach resorts revisited: Part 2
Considered to be the least expensive “all inclusive” first-world style resort package in the world that most first-world people have ever heard about. Today we’ll explore the how the sales reps sell you the club packages/plans and what to look out for and what will best serve your needs.