Corporate executives have been selling their stocks at an unprecedented rate for several months. Meanwhile, ordinary people are still placing their faith and their bets on a stock market that most experts agree is completely unsustainable.
The United States’ ability to maintain its influence over the rest of the world has been slowly diminishing. Since the petrodollar was established in 1971, U.S. currency has monopolized international trade through oil deals with the Organization of the Petroleum Exporting Countries (OPEC) and continuous military interventions. There is, however, growing opposition to the American standard, and it gained more support recently when several […]
This article is dedicated to all those who search for a full understanding of the tragedy at Grenfell Tower, both official and unofficial investigators. Most of all, it is for the survivors of the inferno, and the friends and relatives of those who were lost. It is offered in the hope that it will help you find the right questions to ask.
A victory, against the current odds, for a Jeremy Corbyn-led Labour will, if it adheres to positions he promoted when he won the party leadership by a margin even greater than Blair’s when the latter became leader, ensue in the promise of an overturning of neoliberalism.
Americans could save $1 trillion over 10 years by financing infrastructure through publicly-owned banks like the one that has long been operating in North Dakota.
The Fed clings to status quo. Other central banks are vying to knock it down, or at least loosen its grip on them. But the Fed behaves as if it has no idea there are other powerful central banks that want to grab and harness its power. It carries on refusing to acknowledge that there may come a time, sooner rather than later, where its power is attacked.
Our enemy is not the white working poor any more than it is African-Americans, undocumented workers, Muslims, Latinos or members of the GBLT community. The oligarchs and corporations, many of them proponents of political correctness, are our enemy.
While the Atlantist Press persists in projecting onto Donald Trump the artificial debates that Hillary Clinton imposed during the campaign, and while the calls to assassinate the elected President multiply, Trump is preparing to change the paradigm, and overthrow the Puritan ideology that has dominated his country for two centuries. But can he succeed?
Democrats still seem amazed that voters are more concerned about economic conditions and resentment against Wall Street (no bankers jailed, few junk mortgages written down). It is a sign of their wrong path that party strategists are holding onto the same identity politics they have used since the 1960s to divide Americans into hyphenated special-interest groups.
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 industry in the periphery states of the 19 Euro members while giving disproportionate benefit to Germany. The consequence has been a little-noted industrial contraction and lack of possibility to deal with resulting banking crises. The Euro is a monetarist disaster and the EU dissolution is now pre-programmed as just one consequence.
Trump is not the answer, of course. He is the symptom. He is the symptom of the virus of neo liberal Capitalism. I never thought Trump would win because I didn’t think he wanted to win. And maybe, maybe he didn’t. None of that mattered, as it turned out. The liberals will blame racists and NASCAR rednecks, and more, they will blame leftists. And, they will blame Putin and Russia.
Essentially, housing associations behave like private companies. This process is being accelerated as a result of the Housing and Planning Act which forces local authorities to sell off council housing. The proceeds are then used to encourage housing associations to extend Right to Buy which will reduce the amount of affordable housing stock even further.