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Progressive Commentary Hour – 11.14.17

CONVERSATIONS WITH REMARKABLE MINDS   The new economic hit men  and the new sophistication of economic aggression For many years, primarily through the 1970s and 1980s, John Perkins was an economic hit man (EHM), a job to convince leaders of developing nations to accept economic conditions that benefit US private and government interests. He was a direct participant or witness to such dramatic …

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Tonight On The Progressive Commentary Hour with Gary Null at 7pm est.

CONVERSATIONS WITH REMARKABLE MINDS   The new economic hit men  and the new sophistication of economic aggression For many years, primarily through the 1970s and 1980s, John Perkins was an economic hit man (EHM), a job to convince leaders of developing nations to accept economic conditions that benefit US private and government interests. He was a direct participant or witness to such dramatic …

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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 – 8 Disturbing Economic Reports + Taming Trump Revisited – 04.14.17

As the euphoria of the false promise of Trump policies stimulating US economic growth continue to fade, host Dr. Jack Rasmus reviews several economic reports indicating not much has changed for the US and global economies since Trump’s election.  Jack reviews the IMF’s report on productivity that continues to slow (US productivity now less than 0.5% annual growth compared to …

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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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Backlash to World Economic Order Clouds Outlook at IMF Talks

From Britain’s vote to leave the European Union to Donald Trump’s championing of “America First,” pressures are mounting to roll back the economic integration that has been a hallmark of gatherings of the IMF and World Bank for more than 70 years. Fed by stagnant wages and diminishing job security, the populist uprising threatens to depress a world economy that …

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Nick Beams – IMF cuts growth forecasts for major economies

The International Monetary Fund has revised down its estimates for the US and other advanced economies for this year while maintaining its forecast for global growth as a whole at the low level of 3.1 percent in its latest World Economic Outlook report released yesterday. It said the major economies would grow by just 1.6 percent this year compared to …

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Deutsche Bank and the global financial crisis

Deutsche Bank’s shares plunged to record lows this week, sparking talk of a government bailout to avert a new financial crash. The turmoil surrounding Germany’s biggest bank demonstrates that all of the contradictions of the global financial system that led to the meltdown of 2008 are once again erupting. Now, however, these contradictions are fuelling and intersecting with economic and …

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JACK SMITH – Must They be Enemies? Russia, Putin and the US

Most Americans know very little about Russia, and what they do know is subverted by many decades of U.S. government anti-Soviet and anti-Russian propaganda. From 1917 to Dec. 26, 1991, when the USSR imploded, Washington depicted the Soviet Union as an immoral aggressor state seeking to destroy capitalism and freedom in the United States and rule the world. Again, from …