We are joined by Professor Steve Keen, author of Debunking Economics, to discuss the problem of household debt and an overly large finance sector. They discuss possible solutions, such as perhaps ending the practice of subsidizing too-big-to-fail banks.
We are joined by Guy Standing, co-President of the Basic Income Earth Network and author of The Precariat: The Dangerous New Class, to discuss the problem of declining incomes, automation of many jobs, and the rise of the Precariat. As a possible solution to the problem of ever fewer high paying jobs, they discuss basic incomes – the arguments for and against.
At a Wednesday meeting last week, the Federal Reserve left key interest rates unchanged and near zero, which means that the low-rate regime that began at least six years ago has been extended yet again.
However, various mainstream media reports were in agreement that September might be the month when the Fed finally targets higher short-term rates. This would occur as a result of a 16-17 September policy meeting. Read more ›
As technology generally continues to advance, one thing you can be sure of is the criminal justice system’s use of innovative new “tools” will grow exponentially. This can be a good thing, but it can also be a very dangerous thing. Pennsylvania’s new law that permits the use of data showing whether people are “deemed likely to commit additional crimes” in criminal sentencing, is a perfect example of how an over reliance on technology can be a threat to liberty and due process…
The headlines are dramatic, ugly and depressing to anyone who holds gold right now. Broad market sentiment has shifted from disdain and dismissive to highly negative. Hedge funds are shorting gold aggressively, hedge funds that own gold are being “outed”. The market pundits are are sticking the proverbial knife in and twisting it with glee. The Financial Times published an interesting article over the weekend. Read more ›
There’s nothing quite like a grotesquely lopsided “economic recovery” in which a handful of cities boom, while the rest of the nation stagnates. Even worse, millennials living in such chosen cities face one of two options. Either live in mom and dad’s basement, or face a standard of living far more similar to 19th tenement standards than the late 1990’s tech boom.
With that out of the way, I want to introduce you to what a $1,000 per month rental in the San Francisco Bay area looks like. Shipping containers…
Watch Senator Bernie Sanders (D. Vermont), candidate for the Democratic nomination for the 2016 U.S. presidential election, interview Nomi Prins, frequent Keiser Report guest and author of It Takes a Pillage and All the Presidents’ Bankers. The interview is as relevant today as it was when it took place on November 16, 2009: