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Paul Craig Roberts – What Does Today’s “Rate Hike” Mean?

The Federal Reserve raised the interbank borrowing rate today by one quarter of one percent or 25 basis points. Readers are asking, “what does that mean?” It means that the Fed has had time to figure out that the effect of the small “rate hike” would essentially be zero. In other words, the small increase in the target rate from …

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Trends This Week – Face the Truth or Face World War III – 11.18.15

Global forecaster Gerald Celente, in the aftermath of the Paris attacks, calls out the mainstream media, political leaders, so-called military experts and candidates in the Presidential Reality Show for failing to see the reasons why terrorism flourishes. Immediately following the Paris attacks, the airwaves were filled with screams for revenge and a doubling down on the fight against “evildoers.” So debased from reality has it become that the crowd at last week’s Presidential Reality Show debate cheered when GOP contender Marco Rubio declared that terrorists “hate us because our girls go to school. They hate us because women drive in the United States.” How ridiculous! Stop invading and destroying other countries. …Later, Celente offers highlights from his heralded Trends Journal, which published this week with contributions from natural healing icon Gary Null, geopolitical powerhouse Dr. Paul Craig Roberts, renowned economist Nomi Prins and many others. And Gary Null joins him on this broadcast to talk geopolitics and a very special upcoming trends and well being retreat in Florida this coming January, “Prepare for 2016.”

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China’s Middle Class Overtakes US as World’s Largest

China’s middle class has surpassed that of the United States to become the world’s largest, according to the 2015 Credit Suisse Global Wealth Report. The Swiss Bank also predicted that Asia will be the site of the greatest expansion of the world’s middle class. With 109 million adults “this year, the Chinese middle class for the first time outnumbered” that …

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Fed Quietly Revises Total US Debt From 330% To 350% Of GDP, After “Discovering” Another $2.7 Trillion In Debt

Everyone has seen the chart of “Total Credit Market Instruments“, which as of its most recent update on March 31, 2015, was just over $59 trillion, or 330% of US GDP. For those who have not seen it, as well as for those who are familiar with this chart, take a long look, because this is the last update of …

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Black Agenda Radio – 09.07.15

– The number of inmates in solitary confinement in California’s prisons should be sharply reduced following settlement of a suit brought by prisoners. California leads the nation in the number of inmates held in solitary confinement, with nearly 3,000 prisoners languishing in isolation. The Center for Constitutional Rights represented the inmates in court. We spoke with the Center’s deputy legal director, Alexi Agathocleous.

– Washington, DC Mayor Muriel Bowser was shouted down by protesters when she announced draconian proposals that would target each of the city’s 10,000 people on parole or probation for surprise searches by police, on the street or in their homes, night or day. Ex-offender found to be in violation of any of a long list of rules, could be detained for 72 hours, and then put on a path back to prison. Mayor Bowser claims she’s just responding to a rising homicide rate.

– Dr. Marsha Coleman-Adebayo is an activist with the Hands Up Coalition-DC and an editor and columnist for Black Agenda Report. She calls Mayor Bowser’s plan The Fugitive Slave Act of 2015.

– Ajamu Baraka is also an editor and columnist for Black Agenda Report. Baraka is a co-founder of the U.S. Human Rights Network. He currently lives in Colombia, South America, where he recently took part in a conference of the principal Afro-Colombian self-determinationist organization, the Black Communities Process, or PCN. Colombia is the United States’ closest ally in the region, and holds the world’s record for killing labor organizers. It is second only to Syria in the number of internally displaced persons, most of them Afro-Colombians driven from their traditional lands. Ajamu Baraka says Colombia is one of the most important countries in the African diaspora.

– An independent, Black-produced film on the Ferguson rebellion is making the rounds, this summer. We spoke with producer and director Ralph L. Crowder the Third about his latest documentary, titled, “Hands Up Don’t Shoot Our Youth Movement.”

– Resistance to standardized testing in the public schools is growing by leaps and bounds. Much of the momentum is centered in mostly white suburban districts, but more Black and brown parents are deciding to OPT their children OUT of the high-stakes testing regime. About 20 percent of New York state public school students opted out, in the past school year. Peter Farruggio is on the faculty of the University of Texas, Pan American campus. He’s a long-time educator and anti-privatization activist. We asked Dr. Farruggio if the Opt-Out campaign has gotten big enough to be called a movement.

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Michael Snyder – The Economic And Financial Problems In Europe Are Only Just Beginning…

Right now, the financial world is focused on the breathtaking stock market crash in China, but don’t forget to keep an eye on what is happening in Europe.  Collectively, the European Union has a larger population than the United States, a larger economy than either the U.S. or China, and the banking system in Europe is the biggest on the …

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Rory Hall – Something Is Broken In The Gold And Silver Markets

Earlier today I was speaking with Dave Kranzler and we fell into a discussion regarding the current state of gold and silver. This is how I described everything to Dave as we talked: Beginning in December, as Dave pointed out in Is The Global Financial System On The Brink Of Collapse?, something happened in the derivatives market and I believe …

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Kate Aronoff – Reports of capitalism’s death have been greatly exaggerated

Late last week, economic journalist Paul Mason, whose Channel 4 blog has been one of the best English-language sources for making sense of the ongoing Greek crisis, published an excerpt from his forthcoming book in The Guardian. It announces that the end of capitalism has begun and that (spoiler) it doesn’t look how we thought it might. The 20th century …