The dollar strengthened against the euro in August, merely in anticipation of the European Central Bank slashing its key interest rate further into negative territory.
Author Archives for Ellen Brown
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We are again reaching the point in the business cycle known as "peak debt," when debts have compounded to the point that their cumulative total cannot be paid
When the Federal Reserve cut interest rates last week, commentators were asking why. According to official data, the economy was rebounding
Planting billions of trees across the world is by far the cheapest and most efficient way to tackle the climate crisis. So states a Guardian article, citing a new analysis published in the journal Science.
The Democratic Party has clearly swung to the progressive left, with candidates in the first round of presidential debates coming up with one program after another to help the poor, the disadvantaged and the struggling middle class
Payments can happen cheaply and easily without banks or credit card companies, as has already been demonstrated-not in the United States but in China.
Home ownership has been called "the quintessential American dream." Yet today less than 65% of American homes are owner occupied, and more than 50% of the equity in those homes is owned by the banks.
The U.S. federal debt has more than doubled since the 2008 financial crisis, shooting up from $9.4 trillion in mid-2008 to over $22 trillion in April 2019
As public banking gains momentum across the country, policymakers in California and Washington state are vying to form the nation's second state-owned bank, following in the footsteps of the highly successful Bank of North Dakota, founded in 1919.
As alarm bells sound over the advancing destruction of the environment, a variety of Green New Deal proposals have appeared in the U.S. and Europe