Britannia Radio

The Ecstasy of Empire

How Close Is America’s Demise?

By Paul Craig Roberts

If the wars are not immediately stopped and the jobs brought back to America, the US is relegated to the trash bin of history. Continue

US Unemployment:

Don't Let the Elite Pass the Buck

By Paul Krugman

Growth is slowing and the odds are that unemployment will rise, not fall, in the months ahead. That's bad. But what's worse is the growing evidence that our governing elite just doesn't care – that a once-unthinkable level of economic distress is becoming the norm. Continue

---

How the US economy is being 'Japanised'

By Chris Payne

The US is already in bad shape: imagine what 20 years of economic sclerosis will do! Worse still, unlike Japan, the US has a growing population, which means that little or no growth is going to make the average American poorer. Continue

France's debt of dishonour to Haiti: After Haiti won independence, France extorted compensation for its slave-owning colonists. Now Nicolas Sarkozy must repay it

How Greed Begets Hunger: The heatwave, forest fires and drought in Russia and central Asia may be unprecedented in recent times. But there is something familiar about the ensuing food crisis, as the price of wheat remains 50% higher than just six weeks ago.

How the US economy is being 'Japanised': Federal Reserve policy is taking a worrying turn towards monetarism. This can only result in an American 'lost decade'

US 'Virtually Certain' to Fall Into A New Recession: Rosenberg: The US economy is almost certainly headed back into a double dip recession, and economists aren't seeing it because they're using "the old rules of thumb" that don't apply this time, well-known economist David Rosenberg told CNBC

Economic Growth Prospects Dim in U.S. After Retail Sales, Trade Reports: Prospects for U.S. economic growth took a hit this week after reports showed the trade deficit swelled and consumers reined in spending.

Banks to benefit most from White House program to help fight foreclosures: Nevada, Arizona and Florida posted the worst foreclosure rates in July, with Nevada reporting the nation's highest foreclosure rate for the 43rd straight month.

Pension check may not be in the mail: Illinois public employees who think the state constitution guarantees that they'll get all their pension benefits may have another think coming.