Introduction As President Biden continues his predecessor’s New Cold War on China, it is clear that the pandemic has vastly accelerated the on-gong shift in the international balance of power, away from the US and…
Category: Economy
Image from 2019 Israeli report: “Israelis Among Top Gainers in Wealth Over Past Year” (Shutterstock) Despite 26 million Americans out of work and tens of millions impacted by coronavirus cutbacks, experts expect that Israel will get…
As the Whig Party geared up for the presidential elections of 1840, the United States was mired in a deep depression. While that depression had been brought on by the Jackson Administration’s dismantling of the…
America’s richest one percent own a whopping 40 percent of the country’s wealth, a new study has revealed. The finding marks a widening gap between rich and poor in the United States. The paper, written…
the Deck of the Titanic! As the geniuses running the western financial bubble sometimes called an “economy” continue to double down on their obsession to pump a dead financial system with ever more trillions in…
The Russian ruble has hit the strongest level against the US dollar since July 2020, as global crude oil prices are on the rise and the country continues to eliminate dollar holdings from its currency…
In recent months a crisis situation in the USA food supply has been growing and is about to assume alarming dimensions that could become catastrophic. Atop the existing corona pandemic lockdowns and unemployment, a looming…
Capitalism is often interpreted as a religion. However, if religion is understood in terms of Religare, as something that binds, then capitalism is anything but a religion because it lacks any force to assemble, to…
Russia’s National Welfare Fund (FNB) will no longer have U.S. dollars: within one-month, existing assets will be divided between the euro, the yuan and gold. In the U.S., they are already calling it a “political”…
The crisis of 2020 has created the greatest wealth gap in history. The middle class, capitalism and democracy are all under threat. What went wrong and what can be done? In a matter of decades,…
