Browsing the "recession" Tag →

The underlying crisis of world capitalism has, as we predicted, significantly deteriorated in the year. In the decisive sphere of the world economy a new crisis looms, the timing and character of which are not...

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Ten years after the crisis of 2008, official unemployment is low and stock prices are high. But many working people see a different reality — wages are stagnant, the cost of living is skyrocketing, and...

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Trillions of dollars were liquidated in major stock market corrections during the first week of February. While the mainstream capitalist media are trying to reassure themselves that the economic “fundamentals” are sound, the stock market...

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American society today is in a state of simmering discontent. Space is growing for a fightback in workplaces, on the streets, and at the ballot box....

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In the corporate media there is total consensus: Democratic Governor Chet Culver of Iowa is being “forced” to implement a 10% ($600 million) across the board cut to the state budget due to the world...

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