Tag Archives: economic crisis

  Since the early 1980s, economic growth has increasingly been driven by financialization in the West – the replacement of industrial activity by financial trading. Traders like financial mogul and hedge-fund investor, George Soros, who has been called the world’s most famous investor, have greatly benefitted from financialization. Gangster Capitalism and Soros: Soros explains in his famous 60 Minutes interview …

  A handful of mega corporations — private investment companies — dominate every aspect of our lives; everything we eat, drink, wear or use in one way or another. These investment firms are so enormous, they control the money flow worldwide. While there appear to be hundreds of competing brands on the market, like Russian nesting dolls, larger parent companies …

  The failure of Silicon Valley Bank (16th largest bank in US) last Friday resulted from depositors withdrawing their funds in response to a drop in value of the bank’s bond portfolios caused by the Federal Reserve’s ill-considered hikes in interest rates. The mindless policy implemented by the Federal Reserve cures inflation by producing bank runs, failed banks, and unemployment.   …

  Herland Report: Hyper Globalism is over: The post-1990s era of hyper-globalization is now commonly acknowledged to have come to an end. The COVID-19 pandemic and Russia’s war against Ukraine have relegated global markets to a secondary and at best supporting role behind national objectives – in particular, public health and national security. But all the talk about deglobalization should …

  Herland Report: China’s Donald Trump, Xi Jinping has succeeded greatly. He was, just like Trump, the outsider who came to power. He introduced, just like Trump with “America first”, the economic focus on national growth rather than globalism. With a focus on “China first,” 2020 was the year when China invested in itself rather than seeking markets elsewhere. China stopped …

  Herland Report: Covid-19 is economic goldmine for the wealthiest: In the Western hemisphere, the strategy seems to be for national governments now lose power as private capital control takes over the government’s former role. As billionaires merge private capital with government funds, according to what seems to be the goal of the Davos World Economic Forum, we may be set …

  Herland Report: During US President Joe Biden’s first hundred days in office, the wealthiest billionaire Americans have – as expected – become one of the main beneficiaries of his presidency. The combined net worth of the top 100 ultra-rich people in the US has skyrocketed by $195 billion since Biden took office, according to Bloomberg. From his election to his inauguration, …

  Herland Report: As unbelievable as it seems, American globalists ended up joining the US-China trade war, helping China gain more power. China in double digit growth while the West is in double digit Corona Recession: Recovery from Covid-19 seems to be distant in the whole world except for China. The media fear of Corona has become a tool to …