The double-think and double-standard are patently absurd. But dangerously absurd. The European Union excelled in double-think this week when it censured China for “endangering peace” in the South China Sea while at the same time European states…
Category: Economy
Peter Schiff Tells Boom Bust The US Federal Reserve believes that the country’s economic recovery could spur temporary inflation, promising that it has tools to deal with it if it goes beyond the desired threshold….
Prevailing financial sector “wisdom” holds that while the bond and stock markets of the US and EU are dangerously inflated following huge COVID borrowings and unprecedented central bank measures, that China is the one example…
China has been providing low cost goods to America for more than three decades, it has enriched many, and impoverished others. These low prices however have allowed America to largely avoid the realities of inflation…
The top-down reorganization of the world economy by a cabal of technocratic corporativists, led by the group around the Davos World Economic Forum– the so-called Great Reset or UN Agenda 2030– is no future proposal….
Bye Bye Benjamin! After years of talking about abandoning the US dollar, Russia and China are doing it for real. In the first quarter of 2020, the share of the dollar in trade between…
[S11 E08] The System Implodes: Amazon, Evictions, Tax Abuses, & Minimum Wages On this week’s show, Prof. Wolff discusses Amazon’s profits; New York state’s eviction crisis and capitalism’s reproduction of poverty and inequality;…
A tacit admission by the US Air Force that the F-35 has failed its main mission has triggered an outpouring of outrage from Americans who think the stealth fighter’s gargantuan budget could have been better…
Business Insider recently reported that the chief economist for the World Bank recently warned that “a financial crisis could emerge from coronavirus’ fallout”. This is a perfect example of an understatement wrapped in a lie. In a previous…
The relationship between India and Russia is a strategic partnership based on a rich historical heritage. Signed twenty years ago on October 3, 2000, the Declaration on Strategic Partnership between the two countries formalized a…
