Who’s Hungry? Outrageous Food Prices Screw Everyone Except…
10 June 2011. Since the second half of last year, global wheat prices have more than doubled according to the World Bank, and prices of corn, sugar and oil have skyrocketed. The Cereal Price Index soared a shocking 69 percent...
Not a Good Time to Be an American
9 June 2011. The first results are in, and they will not be great news for everyone. Simply put, it is not a good time to be an American. Last week we launched our crowdsourcing economic indicators experiment, the world's first...
US National Debt Is A Ticking Time Bomb
7 June 2011. Debt is making us poor. As a Certified Public Accountant (CPA) and former Member of Congress, I say that every citizen has the right to know the real cost of government.I want to make the point, loud...
Finding the G-Spot: How Many Economies Ought to be in the G-8 and G-20?
6 June 2011. Calling the G-8 or the G-20 'irrelevant institutions' is like calling the US economy 'flawed'. The whole world knows it - and has been saying it for years. The organisation itself doesn't openly acknowledge the fact, but...
The World’s Richest Family – You Didn’t Know About (Part 2)
1 June 2011.A cursory search on google reveals a surplus of accusations against the Rothschilds’ family, including claims that they are running the world through a ‘demonistic cabal’, controlling governments and the most powerful banks. 1 June 2011.A cursory search...
Seize Corrupt Indian Assets: Proposed Lokpal Bill
31 May 2011. The threat of serving a jail sentence doesn’t seem to deter corrupt officials anymore according to activists in New Delhi. After all, he can enjoy the ill-gotten gains after his sentence. Now, a drafting committee agreed to...
Crowdsourcing the Future: Introducing Global Real-Time Consumer Confidence Tracking
30 May 2011. I remember the moment vividly. It was the 26th September, 2008. Hank Paulson, then US Treasury Secretary, had got down on one knee to Nancy Pelosi, then Speaker of the House, and begged her to support his...
The Cost & Politics of Economic Inequality
26 May 2011. There’s a Chinese proverb that goes “If the world was fair, all my fingers would be the same length”. Work that one out. Or try working out why there is so much economic inequality, and the disparities...
The World’s Richest Family – You Didn’t Know About (Part 1)
25 May 2011. It is difficult to conceive today of how rich and powerful the Rothschilds became in the 19th century. It is necessary to imagine all the great modern banks, such as Morgan Stanley, Goldman Sachs, JP Morgan and...
The Economics of Dominique Strauss-Kahn’s Allegations
20 May 2011. No man is an island, entire of itself.Every man is a piece of the continent, a part of the main. If a clod be washed away by the sea, Europe is the less, as well as if...
What Will Make the Great Financial Crisis Look Like Child’s Play? The Next One: Gordon Brown
19 May 2011. 19 May 2011. In 2008, when we were hours away from ATMs running out of money, small businesses being unable to pay their staffs, and schools and hospitals closing down through lack of cash flow, it felt...
US Military Spending: For War or Peace?
The United States has unquestionably been the most formidable military power in recent years. Its spending is the principle determinant of world military spending – a figure that reached $1.6 trillion in 2010. Generally, US military spending has been on...
Higher Eurozone Interest Rates May Be a Foreign Investment Trap
12 May 2011.One of the positives of raising interest rates is that they attract foreign capital. On the surface, this makes complete sense. If U.S. rates are near zero and the European Central Bank raises its main rate to 1.25%,...
World Corruption Special Report
9 May 2011. Iraq and Afghanistan sit near the top of a list of the world’s most corrupt nations despite years of occupation by Anglo-American forces and more than $1 trillion of US taxpayers’ money having been spent on the...
Drug Capitals of the World
6 May 2011. Afghanistan, which produces 90% of the world’s heroin, as well as the largest share of cannabis resin, could stake a claim to being the “drug capital of the world”. But, in reality, there are many “drug capitals”,...