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Economy

Crisis begins

For two years we have been spending more to buy less, but in the last couple of months we have switched to buying less and spending less.

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Rope-a-dope

Just like Foreman, the western states – and the US neocons in particular – have overestimated their economic and military strength...

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When they talk about the weather

Most likely, state employees and establishment media editors are under pressure to put as positive spin as possible on economic news since the alternative might result in a full-blown panic.

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Why energy prices are deflationary

The economic slowdown we have seen thus far, has nothing to do with interest rate rises. But is primarily the result of millions of households and thousands of businesses responding to higher energy costs.

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