Monthly Archives: June 2008

A Black Agenda Report, The Fictitious Economy, Part 1

June 25, 2008
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A Black Agenda Report Transcript of a Guns And Butter Radio Interview by Bonnie Faulkner originally broadcast on KPFA radio. There is a rising sense of alarm in the United States, as tangible effects of the economic crisis of empire are unmistakably apparent at every hand. Ordinary people are burdened by debt as never...

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America's Free Lunch is Over: How Should the Middle East invest its Rising Trade Surplus?

June 23, 2008
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Published in the June 2008 issue of The Gulf, a weekly business news magazine published in Bahrain, and in Counterpunch Every week Mid Eastern countries acquire more dollars in payment for their oil and other exports, and also for rising U.S. investment in their stock markets and other property. This confronts them with a...

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The Game is over: There Won't be a Rebound

June 20, 2008
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An Interview by Mike Whitney with Michael Hudson on the Economy – Counterpunch 1–Fed chairman Bernanke has been on a spree lately, delivering three speeches in the last two weeks. Every chance he gets, he talks tough about the strong dollar and “holding the line” against inflation. Treasury Secretary Henry Paulson even said that...

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