Sahra Wagenknecht, Vice President of the German parliament’s Leftist Party, said in Parliament on Wednesday November 23rd, that Germany’s Chancellor, Angela Merkel, could very possibly become replaced by a politician similar to U.S. President-Elect Donald…
Category: EU
On October 1, 2016, China’s yuan has been officially accepted in the list of the IMF’s (International Monetary Fund) reserve currency with a share of 10.93%, taking third place after the US dollar (41.73%) and…
The world, through the ballot box, is speaking out. From the British «Yes» vote on BREXIT – the United Kingdom’s exit from the European Union – to the election of the anti-globalization Donald Trump as president of the United States, the world is speaking out against the homogenization of the world into a super-state of blurred and overlapping governments, cultural identities, religions, and politics. The U.S. presidential election was not so much an election as it was a referendum on globalization in all of its malignant manifestations: free trade, open borders, and subjugation of national sovereignty to amorphous international organizations. From every continent, there is growing popular support for «exiting» international contrivances, from the European Union and International Criminal Court to the North Atlantic Treaty Organization (NATO) and even the United Nations.
US officialdom and their media megaphones have systematically concocted narratives having less to do with political reality and more with their hallucinogenic world view. Pre-election and post-election reportage weaves a tapestry of fiction and fantasy. We will discuss the most pernicious of these remarkable foibles and fables and their predictable failures. 1. Collapse of Capitalism The pundits, prestigious editorialists and ‘economists with gravitas’, have convinced themselves that the election of Donald Trump would ‘lead to the Collapse of Capitalism (COC)’. They cited his campaign attacks of globalization and trade agreements, as well as his ‘reckless’ swipes at speculators. In reality, Trump was criticizing a specific kind of capitalism. The pundits overlooked the variety of capitalisms that constitute the US economy. With their snouts deep in the trough, their own vision was limited; their curly tails blindly twirled meaningless formulae on blackboards; their ample backsides flapping away in place of their mouths. Thus occupied, they easily ignored Trump’s glorification of national capitalism.
After the shock of Brexit and then election of Donald Trump to the White House, anything now seems possible in the political world. Six months hence, Marine Le Pen, the leader of France’s Front National…
During the seemingly endless US election, a few months ago Donald Trump said at a convention that NATO is not a gift America can keep giving. In his view – at the time – the other…
The Euro is murdering the nations and economies of the EU quite literally. Since the fixed currency regime came into effect, replacing national currencies in transactions in 2002, the fixed exchange rate regime has devastated…
Gaza has become a slaughter zone for the eradication of Palestinians with the most advanced military technology that Israel posses. In comparison the blaming of Hamas for this latest barrage of rockets, fails to recognize…
It is tough to fight any real war. And it takes true guts, discipline and determination to win it. For years and decades, the so-called ‘left’ in the West has been moderately critical of North…
What happened in Berlin was as expected: in the wake of the regional elections, the ruling CDU/CSU–SPD coalition has collapsed. The ruling parties suffered a serious defeat. The SPD won just 21.6 percent of the…