It's Our Economy

Subscribe to It's Our Economy feed
People Before Profits • Stop Foreclosures • Break Up Big Finance • End the Wars
Updated: 20 min 24 sec ago

‘Great Depression’ Ahead? IMF Sounds Dire Warning

October 11, 2018 - 10:00am
Is another “Great Depression” on the horizon? It would be easier to dismiss these words from Nouriel Roubini, Marc Faber or other doom-and-gloom prognosticators. Coming from Christine Lagarde’s team, though, they take on a new dimension of scary. The International Monetary Fund head isn’t known for breathlessness on the world stage. And yet the IMF sounded downright alarmist in its latest Global Financial Stability report, stating that “large challenges loom for the global economy to prevent a second Great Depression.” Even some market bears were taken aback. “Why,” asks Michael Snyder of The Economic Collapse Blog would the IMF use this phrase “in a report that they know the entire world will read?”
Categories: Friends of GEO, SE News

The Co-op Farming Model Might Help Save America’s Small Farms

October 10, 2018 - 1:00pm
Across the U.S.—from New England to California—a small but growing movement of farmers is foregoing traditional farm ownership in favor of a cooperative model. In Maine, four Somali Bantu refugees raise crops on shared land at New Roots Cooperative Farm, growing both regional and Somali produce. To the south in Vermont, Intervale Community Farm shares farm ownership with its community supported agriculture (CSA) members. Next door is Digger’s Mirth, a worker-owned farm. And across the country in Southern California’s Pauma Valley, Solidarity Farmshares work and resources with other stewards of the land.
Categories: Friends of GEO, SE News