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americans are not wealthy americans are not wealthy

Economy

Media outlets often claim Americans are wealthier than Europeans, but it's not true. Average wealth looks high, but is skewed by extreme inequality. US...

China food grain storage facility Sinograin Chengdu Xinhua.JPG

Economy

The US-Israeli war on Iran has unleashed a massive global food crisis. China is prepared, because its state-owned enterprises maintain the largest grain reserves...

Michael Hudson ponzi scheme US economy house of cards

Economy

Reports suggest the US economy may be on the verge of another financial crisis, with major problems in the $3 trillion private credit market....

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