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By my reckoning, roughly 60% of the civilian work force is  fully employed  and 40% are marginally employed  or unemployed.
Officially, the unemployment rate in the U.S. is 5.6%, meaning 5.6% of the work force is temporarily out of a job and actively seeking another one.  This low number reflects nearly full employment, as 3%...
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imageI studied Russian in college because I thought a post-Gorbachev Russia was poised to become an economic superpower. I've been bitterly disappointed to see that country's leaders taking one step forward and two back for years now. The latest disappointment concerns my new academic focus: consumer bankruptcy.

First, Russian lawmakers seem to have...

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The IMF “Defense” of it Actions against the Greeks is an Unintended Confession

By William K. Black Quito: June 15, 2015

The IMF, the heedless horseman of the troika that announced it would stop negotiating with the Greeks and go home, has attempted to justify its position through Olivier Blanchard, its “Economic Counsellor and...

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In the news release "Metalico Agrees to Sale to Total Merchant" issued earlier today by Metalico, Inc. (NYSE MKT:...

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In Jane Eyre's Sisters, cultural mythologist Jody Gentian Bower looks at novels by women -- and some men -- as well as biographies of women that tell the story of the Aletis, the wandering heroine....
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June 16 (Reuters) - U.S. stock index futures were lower on Tuesday as investors were cautious ahead of a two-day Federal Reserve meeting and as the Greek debt crisis showed no signs of abating....
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After a decisive defeat on TAA, a provision which needed to be passed to secure Fast Track approval, the Administration is trying to secure a stealth reversal....
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Andrew Ross Sorkin is waiving his arms about the Starr v. Board of Governors ruling being the "end of bailouts." And he is SO wrong.  Sorkin writes that "Legal experts say that the ruling, coupled with certain provisions of the Dodd-Frank financial overhaul law enacted after the crisis, makes it unlikely the government would ever rescue a...

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It is well enough that the people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. -Attributed to Henry Ford

By Ellen Brown

In March 2014, the Bank of England let the cat out of the bag: money is just an IOU, and the banks are rolling in it. So wrote...

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