Why is it so hard to invest your money locally? Grassroots activists trying to build economic alternatives in the US encourage investing in the businesses in your neighborhood, instead of in far-off corporations. It turns out that it’s not so easy to move your money; there are even laws against it in the US. We talk with local finance expert Michael Shuman, and profile a grassroots success story CERO Group that’s funding its start-up without deep pockets or Wall St cash. All that and a few thoughts on the NATO chief Jens Stoltenberg you won’t find in the US media.
We need to update you on where Truthout stands this month.
To be brutally honest, Truthout is behind on our fundraising goals for the year. There are a lot of reasons why. We’re dealing with broad trends in our industry, trends that have led publications like Vice, BuzzFeed, and National Geographic to make painful cuts. Everyone is feeling the squeeze of inflation. And despite its lasting importance, news readership is declining.
To ensure we stay out of the red by the end of the year, we have a long way to go. Our future is threatened.
We’ve stayed online over two decades thanks to the support of our readers. Because you believe in the power of our work, share our transformative stories, and give to keep us going strong, we know we can make it through this tough moment.
Our fundraising campaign ends in a few hours, and we still must raise $11,000. Please consider making a donation before time runs out.