The main problem with the US economy is that globalism has been deconstructing it. The offshoring of US jobs has reduced US manufacturing and industrial capability and associated innovation, research, development, supply chains, consumer purchasing…
Category: Paul Craig Roberts
Paul Craig Roberts is an American economist and a columnist. He served as an Assistant Secretary of the Treasury in the Reagan Administration earning fame as a co-founder of Reaganomics.” He is a former editor and columnist for the Wall Street Journal, Business Week, and Scripps Howard News Service. Roberts has been a critic of both Democratic and Republican administrations. He has written or co-written eight books, contributed chapters to numerous books and has published many articles in journals of scholarship. He has testified before congressional committees on 30 occasions on issues of economic policy.
After years of being kept in the doldrums by orchestrated short selling described on this website by Roberts and Kranzler, gold has lately moved up sharply reaching $1,510 this morning. The gold price has continued…
Capitalists have claimed responsibility for America’s past economic success. Let’s begin by setting the record straight. American success had little to do with capitalism. This is not to say that the US would have had more…
Readers aware that I, and Dmitry Orlov, have been chronicling America’s rapid decline ask me, “where did it all begin?” To answer that question would require a massive history such as Jacques Bazun’s From Dawn to…
Wherever I look at US policy, foreign or domestic, I see only insanity, ignorance, and incompetence. Take the issue of tariffs, which is Trump’s mistaken approach to bringing the jobs back home. The tariff “solution”…
Trump destroyed his chance at being a successful president by the stupid appoinments he has made. At the moment he is being set up by his national security advisor John Bolton and Israel for a war…
My generation associated dystopias, such as George Orwell’s 1984, with the Soviet Union, a country in which explanations were controlled and criticism of Stalin would land a person in the Gulag. We thought of the United…
I smell a rat. John Bolton, Trump’s national security adviser or, more correctly, Israel’s agent, has assembled a team consisting of himself, Israeli prime minister Benjamin Netanyahu, Emirati crown prince Mohammed bin Zayed, and Saudi ruler…
While the crazed and corrupt people who comprise the Democratic Party and US print and TV media continue to insist that Russiagate is real, a very real threat is emerging in Russia, China, North Korea,…
Russiagate has three purposes. One is to prevent President Trump from endangering the vast budget and power of the military/security complex by normalizing relations with Russia. Another, in the words of James Howard Kunstler, is…