The Stock Market Celebrates Biden’s Cabinet Picks

Post on: November 25, 2020 La Izquierda Diario Argentina The stock market posted record-breaking gains this week on the news of Joe Biden’s transition and corporate-friendly cabinet picks. These market gains mean more profits for capitalists and investors as the economic crisis continues for the working class. his week, Wall Street stocks traded at record heights. The Dow Jones Industrial Average hit a milestone 30,000 points, surpassing the previous record set on November 16. The other two main U.S. stock indexes likewise posted gains: the S&P 500 and Nasdaq composite…

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G20: The Debt Solution

Post on: November 25, 2020 Michael Roberts The G20 summit took place virtually this past weekend, with the G20 leaders discussing the impact of the coronavirus pandemic on the world economy. What does this mean for the current debt crisis? The following article was originally posted on Michael Roberts’ blog, “The Next Recession.” This past weekend, the G20 leaders’ summit took place – not physically of course, but by video link. Proudly hosted by Saudi Arabia, that bastion of democracy and civil rights, the G20 leaders focused on the impact…

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