All posts in "Misc"

Imperial Business-As-Usual … Biden-Zelenksy Satisfying Reveals U.S. Learned Absolutely Nothing From Afghanistan

By / September 21, 2021

American militarism, war-making and imperial” nation-building “will continue. Because that is endemic to U.S. industrialism and its hegemonic addiction. There was a staggering screen of double-think this week from U.S. President Joe Biden. In reverse order, Biden hosted Ukrainian President Vladimir Zelensky at the White Home on Wednesday and revealed that the United States was […]

Soros’ Dream: To Turn China Into a Neoliberal Grabitization Chance

By / September 20, 2021

By Michael HUDSON In a Financial Timesop-ed, “Investors in Xi’s China face an impolite awakening” (August 30, 2021), George Soros writes that Xi’s “crackdown on private business reveals he does not understand the marketplace economy … Xi Jinping, China’s leader, has hit economic truth. His crackdown on personal enterprise has been a significant drag on […]

Now That the American Dream Is Reserved for the Wealthy, The Smart Crowd Is Opting Out

By / September 19, 2021

The already-wealthy and their minions are unprepared for the Smart Crowd pulling out. Clueless financial experts are wringing their hands about the labor lack without taking a look at the underlying causes, one of which is painfully apparent: the American economy now only works for the top 10%; the American Imagine turning labor into capital […]

Ministry of Adjustment: Not Surprising That Trust and Reliability Have Actually Been Lost

By / September 18, 2021

Now that every monetary video game in America has been rigged to benefit the few at the expenditure of the lots of, trust and credibility has actually evaporated like an ice on a summertime day in Death Valley. Here is America in a nutshell: we no longer resolve problems, we manipulate the story and after […]

A New Storm Is Brewing in the Balkans

By / September 17, 2021

On September 5 blood might or might not be shed, however at the instigation of NATO’s Montenegrin infantryman feathers are ensured to fly. Well, what else is new? Afghanistan is said to be the graveyard of empires, however turbulence in the Balkans typically is likewise the precursor to an empire or more being buried in […]

The Illusion of Getting Abundant While Producing Absolutely Nothing

By / September 16, 2021

By incentivizing speculation and corruption, minimizing the rewards for efficient work and sucking incomes dry with inflation, America has actually greased the skids to collapse. Of all the mass misconceptions running rampant in the culture, none is more marvelously delusional than the conviction that we can all get fabulously abundant from speculation while producing nothing. […]

The Banality of (Financial) Evil

By / September 15, 2021

The financialized American economy and State are now absolutely based on a steady flow of lies and propaganda for their very survival. Were the truth told, the status quo would collapse in a putrid load. Go on and be wicked, due to the fact that everyone else is wicked, too, since being evil serves everyone’s […]

The U.S. Economy In a Nutshell: When Important Components Are On “Indefinite Back Order,” the Machine Grinds to a Stop

By / September 14, 2021

A fantastic numerous necessary parts in America are on ‘indefinite back order’, including the lifestyle of unlimited globally sourced goodies at low, low rates. Setting aside the “transitory inflation” parlor video game for a minute, let’s look at what takes place when vital parts are not available for whatever factor, for instance, they’re on back […]

Is Anybody Ready To Call the Top of the Whatever Bubble?

By / September 13, 2021

Can extremes become too severe to continue higher? We will find out. Is anyone happy to call the top of the Everything bubble? The brief response is no. Anyone earning money handling other people’s money can not manage to be incorrect, therefore everyone in the herd prevaricates on timing. The herd has seen what happens […]

Please Don’t Pop Our Precious Bubble!

By / September 12, 2021

It’s a peculiarity of the human mind that it’s incredibly simple to be swept up in bubble mania and remarkably tough to be swept up in the same way by the bubble’s inevitable collapse. Enable me to sum up the dominant zeitgeist in America at this point of history: Get yourself a huge gooey hunk […]