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Latest
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‘Collusion: How Central Bankers Rigged the World’
Apr 30, 2018 The 2007-2008 financial crisis triggered a massive shift in the global order.
Trade Wars and Diminished Credibility
Mar 10, 2018 The U.S. remains in a precarious economic situation, as does the world.
Groundhog Day for the Fed
Feb 21, 2018 Market forces are colliding as another U.S. financial crisis brews. Meanwhile, sit tight on the roller coaster.
The Next Financial Crisis Will Be Worse Than the Last One
Dec 29, 2017 The U.S. financial system remains unreformed, and no one in any position of power will do anything to fix it. The only question is when the bubble will burst.
The Thomas Fire and the Tax Bill
Dec 22, 2017 While the GOP and Wall Street celebrate, communities like Ojai, Calif., navigate disaster relief with little sympathy from the government and corporate America.
All the Presidents’ Bankers: The Hidden Alliances That Drive American Power
May 7, 2014 In this excerpt from her best-selling new book, Nomi Prins writes about the period during the administration of Lyndon Johnson when bankers began to move away from the president as they saw their global ambitions hemmed in by the Vietnam War.Nomi Prins on American Oligarchy
Mar 13, 2014 In this excerpt from the March 13, 2014 edition of Truthdig Radio, author and Truthdig contributor Nomi Prins says just a few families hold most of the power in the United States.
The Inevitability of Income Inequality
Mar 12, 2014 Inequality is endemic to the core structure of an America that operates more as a plutocracy than a democracy. It is an inherent result of the consolidation of a substantial amount of both financial power and political influence in the hands of a few families. Inequality is endemic to the core structure of an America that operates more as a plutocracy than a democracy.
The Horror, the Horror
Feb 28, 2014 If the Congolese can maintain hope in their horrific circumstances, and journalists like Michael Deibert literally risk their lives to bring us their stories, then it's our human obligation to read them.If the Congolese can maintain hope in horrific circumstances, and journalists like Michael Deibert risk their lives to bring us their stories, then it's our human obligation to read them.
Volcker Rule Made Meaningless by Abundant Exemptions
Dec 19, 2013 The Volcker Rule has finally been approved by regulators, but with hundreds of pages of exemptions, too-big-to-fail banks have little to fear.
The Village Against the World
Nov 9, 2013 Nestled in farmland about 60 miles from Seville, Spain, is Marinaleda, a functioning utopia -- every villager has work and housing, mortgages are 15 euro a month, and foreclosures and police don't exist.Marinaleda, Spain, is a functioning utopia—every villager has work and housing, mortgages are 15 euro a month, and foreclosures and police don't exist.
America’s Grotesque Inequality Can Only End One Way
Feb 26, 2019 The wealth gap of this beyond-gilded age is sure to shape a truly messy world ahead.
The World Is Now the Property of the 1 Percent
Dec 17, 2018 In today's global economy, financial security increasingly belongs solely to the wealthy.
Could Trump Be a One-Man Version of the Lehman Brothers?
Sep 17, 2018 The disgraced global financial firm cooked the books, and the president may have done likewise. The trouble is that his shell games still largely remain to be revealed.
5 Key Financial Misadventures of the Trump Era (So Far)
Aug 5, 2018 Here's a look at the president's travels on the paths of chaos, and at the economic damage that might lie ahead.
Nomi Prins on the Banks That Run the World (Audio and Transcript)
Jul 1, 2018 In this week’s episode of “Scheer Intelligence,” the author and former banker discusses what Truthdig Editor in Chief Robert Scheer calls her "most ambitious" book, "Collusion: How Central Bankers Rigged the World."
How Donald Trump’s Trade Wars Could Lead to a Great Depression
Jun 24, 2018 If you make enemies out of your friends and friends out of your enemies, where does that leave you?
Donald Trump and the Next Crash: Making the Fed an Instrument for Disaster
Apr 30, 2018 There’s a crucial institution in Washington that few in the media seem to be paying attention to, even as President Trump quietly makes it his own.
Jared Kushner, R.I.P: A Political Obituary for the President’s Son-in-Law
Mar 19, 2018 Here we are a little more than a year into the Trump presidency and his administration’s body count is already, as The Donald might put it: “unbelievable, perhaps record-setting.”
Trump’s Financial Arsonists
Feb 1, 2018 Nearly every regulatory institution tasked with monitoring the financial system is now run by someone who once profited from bending or breaking its rules.