The economy of the United States is the world’s largest single national economy. We take a critical view on the level of economic freedom afforded to the private sector and the level of government regulation and involvement necessary to improve conditions for all of the people.

Belle Isle, Detroit River
Economy, Politics and Advocacy

Detroit Follows Cyprus: Make Pensioners Pay for Bankruptcy

Ellen Brown writes on how the Detroit bankruptcy seeks to sacrifice pensioners to pay off the big banks, appearing like the “bail-in” template pushed upon Cyprus which restructured their insolvent banks using depositors funds while sparing those from other banks and governments. Stephen Colbert sums up the situation with some levity as Detroit fights its way back to solvency.