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Jack Rasmus: Financial Imperialism

U.S. neocons are once again back in charge of U.S. foreign policy, driving the U.S. toward yet another war and attempt at regime change of a foreign government

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Jack Rasmus: Global Oil Price Deflation 2018 & Beyond

Global oil prices cannot be understood apart from understanding what’s happening with other financial asset markets and prices

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Jack Rasmus: Comparing Crises: 1929 with 2008 and the Next

The last decade, 2008-18, is eerily similar to the periods 1921-1929 and 1996-2007

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Jack Rasmus: Trade War for Real? Parts 2, 3

How China will respond to more U.S. tariffs and technology transfer is the crux of any U.S.-China trade agreement—or trade war

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Jack Rasmus: Trump’s Phony Trade War

Is the Trump phony trade war really about reducing the U.S. $375 billion annual trade deficit with China? Or about U.S. bankers wanting more access and ownership of operations in China?

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Jack Rasmus: Trump’s tax Cuts, Budget Deficits, Trump’s Recession 2019?

The U.S. budget deficit consequences of the Trump tax cuts are therefore massive. Instead of averaging $150 billion a year on average (the $1.5 trillion) the effect will be three to four times that, or around $300 to $400 billion a year.

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Jack Rasmus: Breibart Billionaire Board Bashes Bannon

In the months ahead the Republican wing—for whom Trump has nicely delivered in the form of tax cuts in the trillions of dollars and with whom Trump is now playing ball with regard to free trade—will circle the wagons on behalf of Trump. The Republican party wing of the elite don’t want to drive Trump from the White House

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Jack Rasmus: A Letter of Thanks To Our Wealthiest 1 Percent

Your stewardship of the U.S. economy has allowed us to keep 5 percent of all the national income created since the last recession in 2009; while you wealthiest 1 percent got to keep the other 95 percent
created since the last recession in 2009; while you wealthiest 1 percent got to keep the other 95 percent

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Jack Rasmus: China Shifts Course

After 8 years of pumping free money into private banks, corporations, and investors, the U.S. central bank has begun a desperate effort to raise interest rates and try to slow the flow of liquidity

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Jack Rasmus: The Trump-Goldman Sachs Tax Cut For The Rich

Trump has introduced his long-awaited tax cut, estimated between $2.0 to $2.4 trillion. Like so many other distortions of the truth, Trump claimed his plan would benefit the middle class, not the rich—the latest in a long litany of lies by this president. Contradicting Trump, the independent Tax Policy Center has estimated that in just Read more…

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