From the Front Lines of the War on Austerity

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MEDIA ROOTS – United Front Against Austerity (UFAA) is a grassroots coalition with the bold initiative and hopefully the tenacity to inspire a generation increasingly strapped with debt and a diminishing political voice. Lead by such notables as author Webster G. Tarpley, an initial conference is scheduled tomorrow in New York City and will feature input from other activists such … Read More

Keiser: Global Economic Collapse by 2013?

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MEDIA ROOTS — Noted economist and syndicated TV show host, Max Keiser has studied, and reported on, the global economy for decades. He looks at financial systems according to the mathematical laws of systems analysis and occasionally discusses the warning signs of impending economic collapse. On last Friday’s episode of The Alex Jones Show, Keiser discussed the looming collapse of global … Read More

Economist Andrew Gause: How The Fed Will End

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MEDIA ROOTS – Harry Truman once famously proclaimed that he wished to meet a “one-armed economist,” because every economist he hired for advice on the nation’s economy would give him a “one hand, and the other hand” scenario. A generation later, economic historian and lecturer, Andrew Gause provides a seemingly simple “one-armed” solution to fix the United States’ economy. Gause … Read More

MMT: Why the USA Is Not Broke

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MEDIA ROOTS — If you’ve taken Economics 101, you may have had the same realisation I did when the course reached the part where the USA, for example, goes off the gold standard and the dollar becomes a purely fiat currency with no gold or anything tangible backing it.  When the issues of the business cycle arise, the inherent boom … Read More

MMT Summit: A Debate on How to Get Out of the Euro

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MEDIA ROOTS — The current Global Recession, which like the Hurricane Katrina disaster, is largely manmade due to poor planning and political will refusing to respond adequately.  Italians seem to be ahead of the curve with their response by convening a summit on political economics.  Despite a media blackout, over 2,000 Italians packed into a basketball stadium for the first … Read More