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Leid Stories—Is A Crash Coming? Take A Look, It’s Already Here! (Part 2)—05.31.17

Yesterday on Leid Stories financial research expert and former banker Charles Ortel said that leading indicators show a major downturn in the U.S. economy has already begun and will, under prevailing conditions, likely develop into a full-scale crash. He warned listeners to change their money-management and spending habits now. The program generated far more calls than could be answered in …

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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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Lauren Longo – Women Work Four Years Longer Than Men, Unpaid

Worldwide, women work an average of four years longer than men because of additional unpaid responsibilities, like housework and childcare, according to a new report. Four years. Imagine what you could do with four years. You could travel the world, write a book, master a new skill or watch absolutely everything on Netflix. There’s nothing wrong with caring for others and we all have …

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The World Bank and the IMF Are Enabling the Next Crisis

The ingredients of a fresh global economic crisis are assembling, and the IMF and the World Bank are failing to acknowledge their role in creating them. Larry Elliott, The Guardian’s economics editor, writes: According to the IMF, global debt has risen to a record level of $152tn (£1223tn) – more than double world GDP – at a time when activity …

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China Challenges US Dollar Hegemony, Seeks New Global Financial Order

During the first Annual Summit organized by the Asian Infrastructure Investment Bank (AIIB) in Beijing, China has shown her intention to take over the global leadership in infrastructure investment. By the end of this year, AIIB would have more than 100 members, making it the first lending institution in multilateral loans in history, under the control of the most important …

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Lauren McCauley – Making Case for Clean Air, World Bank Says Pollution Cost Global Economy $5 Trillion

Air pollution is the fourth-leading cause of premature deaths worldwide and the problem only continues to worsen, but governments have been reluctant to make the dramatic changes necessary to curb polluting industries in favor of cleaner alternatives. In an effort to strengthen the case for action, the World Bank along with the Institute for Health Metrics and Evaluation (IHME) at …

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Wayne Pacelle – Elephants in Drastic Decline, Says First-Ever Pan-African Survey

The number of elephants in the African savanna is in drastic decline, their population having dwindled by 30 percent between 2007 and 2014, according to the Great Elephant Census, the first-ever pan-African survey of savanna elephants. The recently released report [3] was funded by philanthropist Paul G. Allen. This extraordinarily detailed and comprehensive effort, which required the participation of 90 scientists doing on-the-ground …