economy

In 1865, the final year of the American Civil War, a man named David Noble Smith started collecting water from a spring located near a peculiar rock formation resembling an arrowhead in California’s San Bernardino mountains. At the time, this was a few days’ horseback ride from a dusty and obscure place called Los Angeles. By drawing water from Strawberry Creek before any other white person, Smith staked a claim to owning the water, in the same way other white settlers seized rights to mine in the mountains or farm and ranch in the flatlands: simply by showing up.

Dozens of factories reduced to ruins, deepening economic crisis.                                         

In case we needed more proof that the US labor market is in a historic supply-demand mismatch crisis sparked by Biden’s generous unemployment benefits, a few hours after the latest NFIB showed that it has never been more difficult for small business to fill job openings, moments ago the BLS confirmed what we expected: that the number of job openings in March (recall JOLTS is one month delayed) soared by a record 998K to 9.286MM in April from an upward revised 8.288

Over a month ago, we correctly predicted today’s “shock” announce

Once it became clear – just a few seconds after AOC first rage-tweeted about RobinHood refusing to let “the people&

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McConnell Is Pushing One COVID-19 ‘Cure’ America Does Not Need

In this interview, Doug Casey explains how the U.S. and its economy are collapsing and how you can protect yourself financially.

840,000 Americans filed for first time unemployment benefits last week &#8211; worse than the 820k expectation, but slightly better than the upwardly revised 849k the priod week.   This is still over four times higher than the pre-COVID levels.

Nevada&#8217;s leisure and hospitality sector—which made up around a quarter of the state&#8217;s total labor market before lockdowns—has been one of the hardest hit by the virus-induced downturn.

Deutsche Bank, along with several of the world’s biggest commercial banks, are embroiled in a global money laundering scandal that spans over two decades, as documents leaked to BuzzFeed show the movement of $2 Trillion in illicit cash through the Western banking establishment.

[audio mp3="http://www.corbettreport.com/mp3/2020-08-22_James_Corbett.mp3"][/audio]James Corbett joins Jim Goddard on This Week in Money for a wide-ranging conversation on COVID-19, the coming technocratic biosecurity state, and the economic ramifications of this Brave New Normal.

The latest economic data suggest the US recovery stalled. One look at the Citi US econ surprise index, as of this week, shows the recovery ran out of steam last month. A fiscal cliff is already underway, set to enter the second week on Friday (Aug. 14) as tens of millions of Americans are unemployed and have yet to receive their stimulus checks.

Rent has barely trickled in across the U.S. over the last couple months as the country continues to grapple with a decimated economy as a result of the coronavirus pandemic.

[audio mp3="http://www.corbettreport.com/mp3/2020-06-05_Catherine_Austin_Fitts.mp3"][/audio]Catherine Austin Fitts of solari.com interviews James Corbett about his new documentary, Who Is Bill Gates? We go beyond the focus on Gates to discuss the syndicate that he is leading, the business model it relies on, and the new form of collateral that will underlie the digital economy: the human body.

[audio mp3="http://www.corbettreport.com/mp3/2020-05-21_James_Evan_Pilato.mp3"][/audio]This week on the New World Next Week: The blueprint for total lockdown continues to unfold; the great reset button is pushed by the World Economic Forum; and the corporatocracy monopolizes the global economy.

The economy has crashed.

Just a day after announcing that about 33.5 million Americans have filed jobless claims since mid-March as the coronavirus pandemic has caused lockdowns worldwide, the U.S.

[audio mp3="https://www.corbettreport.com/mp3/episode374-lq.mp3"][/audio]The Age of Terror was inaugurated with a series of controlled demolitions in New York City on September 11, 2001. Now the world is being led into the Age of Biological Terror with a controlled demolition of the economy that is already causing unprecedented carnage across markets and around the globe.

[audio mp3="http://www.corbettreport.com/mp3/2020-03-19_James_Evan_Pilato.mp3"][/audio]This week on the New World Next Week, James and James cover how the coronavirus pandemonium is being used to kick the globalists' geopolitical, economic and online censorship agendas into high gear.

[audio mp3="http://www.corbettreport.com/mp3/2020-03-18_Jason_Bermas.mp3"][/audio]Jason Bermas joins James for a powerful interview about the seriousness of the situation that America is just starting to wake up to. From lockdowns and quarantines to the US military and medical martial law, things are getting real. Are you prepared for what's coming?

Military companies promote “a sanitized version of their repressive technologies,” watchdog says.

Netanyahu uses fishing industry to pressure Gaza as a whole.

[audio mp3="http://www.corbettreport.com/mp3/2019-11-01%20Declare%20Your%20Independence.mp3"][/audio]James joins Ernest Hancock of Freedom's Phoenix for their bi-monthly conversation. This time they discuss the issues that will (or could) be part of the 2020 (s)Election cycle and how activists can use the (s)Election distration to raise issues of importance.

[audio mp3="http://www.corbettreport.com/mp3/2019-09-04%20James%20Corbett.mp3"][/audio]Ernest Hancock interviews James Corbett on a variety of world news headlines. Topics include 9/11 news, media manipulation, Dave Chapelle, the Plunge Protection Team, etc...

In this clip from his regular weekly appearance on Declare Your Independence, James debunks the "economics" hoax of the language manipulators and defines the "catallactics" solution.

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Occupation authorities exploit Palestinian laborers to promote false image of coexistence.

Israel boasted that it confiscated shoes destined for Gaza. It didn&#8217;t go down very well.

Fishers denied access to coastal waters for fifth consecutive day.

A number of people lost their jobs due to early May attack on Gaza.

Blame for Gaza&#8217;s economic crisis rests squarely on Israel, not Hamas.

What's your take on Assange? Have you heard of Unit 731? And just who is Percy Corbett, anyway? Get James' answer to these and other important questions in this edition of Questions For Corbett.

[audio mp3="http://www.corbettreport.com/mp3/qfc043-lq.mp3"][/audio]What's your take on Assange? Have you heard of Unit 731? And just who is Percy Corbett, anyway? Get James' answer to these and other important questions in this edition of Questions For Corbett.

At a time when Americans are grappling with climate change, gun violence, voter suppression, and an immigration crisis, many economists — both conservative and progressive — would like to add to that plate of worries: a looming recession.After all, it’s been a decade since the US economy began to rebound from the severe financial downturn of 2008.