depression

Great Myths of the Great Depression by Lawrence W. Reed Many volumes have been written about the Great Depression and its impact on the lives of millions of Americans. Historians, economists, and politicians have all combed the wreckage searching for the “black box” that will reveal the...

This will twist your thinking... Further Trying To Define Liquidity by Jeffrey P. Snider On December 3, 1999, Enron Communications announced that the company had begun operations selling bandwidth as an energy commodity. After publicizing the venture in May that year, it seemed natural...

Who Rules The World? Part 1 Submitted by Tyler Durden on 05/15/2016 22:55 -0400 Authored by Noam Chomsky, originally posted at TomDispatch.com, [This piece, the first of two parts, is excerpted from Noam Chomsky’s new book, Who Rules the World? (Metropolitan Books).] When we ask “Who rules...

Rail Freight Shipments Are Collapsing – Dave Kranzler TND Guest Contributor: Dave Kranzler The pundits can disingenuously blame the crashing Baltric Dry Index on container ship overcapacity and find some dopes to believe that fairy tale, but there’s only one explanation for collapsing rail...