111 words Capitalism won't die of coronavirus
125 words Dow wipes out all the gains since Trump's election
144 words "I don't look at recessions as a bad thing. I mean, it's bad for America. It's bad for the people that are unemployed. It's usually an opportunity for J.P. Morgan." - Jamie Dimon, CEO of J.P. Morgan Chase
123 words New U.S. jobless claims fall 15,000 to 202,000 and return close to a 50-year low
147 words World Bank warns of global debt crisis following the fastest increase in borrowing since the 1970s
167 words Bill Gates Now Calling For Higher Taxes
128 words George Soros : Capitalism is a system that creates great wealth. Markets are very useful. However, markets alone do not produce ethics, freedom or justice. Markets Fundamentalists completely refuse to accept this
252 words 'Everything Is Not Fine': Nobel Economist Calls on Humanity to End Obsession With GDP
130 words Is America Becoming a Four-Party State?
1,063 words China’s median age will soon overtake America’s
462 words Harvard Professor Larry Summers : By almost any measure, U.S. citizens no longer share a common lived experience. This is one of the most serious economic problem in America. Yet it receives only episodic attention
434 words Elizabeth Warren Releases Plan to Pay for ‘Medicare for All’ - $20.5 trillions over 10 years (NYT link)
128 words Jim Cramer: Those who said trade war would hurt US should apologize
451 words Bernie Sanders would raise corporate tax rate to 35%, ban buybacks
160 words 'Stunning Rebuke to Predatory Wall Street Megabanks' as California Gov. Signs Law Allowing Creation of Public Banks. "The people of California just went up against the most powerful corporate lobby in the country—and won."
159 words How wiping out $1.5 trillion in student debt would boost the economy | Many American voters have come around to the idea that the loans are an unsustainable burden
155 words 45% of millennials say cost of living hold them back from buying homes
142 words China has stopped buying US agricultural products
199 words Yes, America Is Rigged Against Workers
121 words Full-time minimum wage workers cannot afford a 2-bedroom rental anywhere in the US