Stacy Summary: Despite all the Depression like numbers across all data relating to the Average Joe, it’s been very difficult to find any evidence in the news for Depression-like existence for the bottom 99%. I guess we’re now starting to see some of that make it into the news . . .
The unemployed in America [...]
Tags: day labor · unemployment · us depression
Stacy Summary: Great Bloomberg headline in that it pretty much sums up the neo-liberal reality – catastrophe for workers is catastrophe averted for bankers & corporations. The problem with operating a giant global ponzi scheme with this paradox, however, is that the ponzis at the bottom of the pyramid need to earn something eventually [...]
Tags: corporate profits · financial system · imf · ireland · job cuts · unemployment