US Federal Reserve Chair declares war on working people
At a press conference September 21 the chair of the US Federal Reserve Jerome Powell said that that the “economic…
Author: Mike Treen
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The Ken Douglas obits – Concealing a great betrayal
In Aotearoa there was an historic collapse of private sector unionism in the 90s. Ken Douglas was President of the…
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TDB Late Stage Capitalism Report: 3 more warnings of the economic crash coming centred on the US economy
From Seattle to Sydney to Stockholm and Auckland, homebuyers are getting squashed by financial pressures as the world’s hottest housing…
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Another warning of the economic hell to come from Bloomberg
From Seattle to Sydney to Stockholm and Auckland, homebuyers are getting squashed by financial pressures as the world’s hottest housing…
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Solving low wage economy crisis the bosses created means not going backwards
Prior to Covid 19, the New Zealand Labour Market was massively dependent on people working here on temporary visas. The…
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Is there a route out of the crisis we are facing?
As I explained last week government policies that include the central banks directly printing money and the government running budget deficits…
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The inflation blame game conceals a capitalist crisis
Inflation is back worldwide and with it is the blame game. So what is the truth behind the claims and…
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TDB Late Stage Capitalism Report: Bank of England expect stagflationary crash in late 2022
The Bank of England expects the UK economy to tank after inflation peaks at 13% in the fourth quarter this…
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SkyCity proposes pay cut on 25th anniversary – strike action likely
SkyCity is offering the majority of staff a wage increase of between 4 and 6 percent. “This is an effective…
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SkyCity sharebuyback in 2019 enriched shareholders and weakened company before Covid hit
A share buyback scheme at SkyCity casino was reported on Newsroom on February 13, 2019. Share buybacks have been used…