Chris Hedges on The Coming Collapse of America Generally and the Democratic Party Especially

The Coming Collapse The Democratic Party, which helped build our system of inverted totalitarianism, is once again held up by many on the left as the savior. Yet the party steadfastly refuses to address the social inequality that led to the election of Trump and the insurgency by Bernie Sanders. It is deaf, dumb and …

CounterPunch: Michael Hudson and Chris Hedges Discuss the Great Ponzi Scheme of the US and Global Economies

The Great Ponzi Scheme of the Global Economy So we’ve turned the post-war economy that made America prosperous and rich inside out. Somehow most people believed they could get rich by going into debt to borrow assets that were going to rise in price. But you can’t get rich, ultimately, by going into debt. In …