Tag Archives: economy

  In 1945 the United States emerged from a world war with the only intact industrial economy in the world.  The British, European, Soviet, and Japanese economies were in ruins.   China and the rest of Asia, Africa, and South America had undeveloped economies, later renamed third world economies.  Additionally, the US held most of the world’s gold reserves.  President Franklin D. Roosevelt …

  We have been hearing about the great economy for a decade while the labor force participation rate declined, real family incomes stagnated, and debt burdens rose. The American economy has been great only for large equity owners whose stock ownership benefitted from the trillions of dollars the Fed poured into financial markets and from buy-backs by corporations of their …

  American political, economic, and military global hegemony—sustained by America’s past economic productivity, the dollar’s reserve status, and the reliance on forward-deployed American military power—is over. In a new world shaped by sweeping technological change in warfare, business and finance, it’s not just the end of the much exaggerated “unipolar moment.” The American Hegemony: The tectonic plates of the international …

  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 …

   In a time where the West is entering an age of socialist totalitarianism, the message of the famous economist Milton Friedman may be revisited. In 1993, he published a groundbreaking essay on “Why Government Is the Problem,” pointing out that the influence of special interests often ends up overruling the interests of the people. As politicians and bureaucrats become …

  Dr. Paul Craig Roberts’ book review of The Billionaire World: Hanne Herland is a leading intellect of the Western world.  She is a defender of civilization and Christian morality and a stalwart opponent of the Satanic forces that are attacking our civilization.   In her new book, The Billionaire World, she explains the variety of assaults on Western civilization that are undermining …

  The West has departed from its traditional beliefs in Christian ethics. Western capitalism has followed the same path, abandoning its Protestant ethic. As a result, capitalism is transformed into an amoral, atheist system of ethics that legalizes selfishness, an economic order in which there are no constraints on selfishness, greed and deceit. The cancelling of the Protestant ethic has …

  Hanne Nabintu Herland’s The Billionaire World: How Marxism serves the Elite (2023) is a vital book that will help you understand what is going on in the world today.  It will also help you to defend capitalism against objections that are all-too-common today, writes founder and president of the Mises Institute, Llewellyn H. Rockwell Jr. The article first appeared at …

  Nouriel Roubini, a former advisor to the International Monetary Fund and member of President Clinton’s Council of Economic Advisors, was one of the few “mainstream” economists to predict the collapse of the housing bubble. The Nouriel Roubini warning: Now Roubini is warning that the staggering amounts of debt held by individuals, businesses, and the government will soon lead to …

  Herland Report TV host, Hanne Herland speaks with Reginald Davis about the war on the working class, how drug culture, poverty, eroding civil liberties and the rampant moral crisis in modern America serves the goals of the elite. “The ruling elite have to try to get the masses to believe that their ideology is right, that they are at …