Tag Archives: economy

Gangster Capitalism and Soros: Amoral Lack of Accountability is a Major Problem

Cutting dependence on the US dollar: cutting dependence on the US dollar and switching to national means of payment in international settlements is gaining steam, SputnikGlobe

  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 …

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Paul Craig Roberts: Important book about Gangster State Capitalism and Returning Feudalism – by Hanne Herland “New Left Tyranny”

New book about Gangster State Capitalism and Returning Feudalism: Paul Craig Roberts

  “Hanne Herland of the European Herland Report has a book published in which she argues that the ruling elite has resurrected feudalism by financializing the economy and offshoring middle class jobs. The title is New Left Tyranny, but it is about gangster state capitalism,” writes the leading political economist, Dr. Paul Craig Roberts in this analysis of the book: “Historically, …

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American economy great only for equity owners

American economy great only for equity owners: Ill

  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 …

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China is Winning the Economic Race with US – with Profound Consequences

China is Winning the Economic Race: Getty

  The Harvard Belfer Center report, “The Great Economic Rivalry: China Vs. the US,” predicts that at the current rate China will overtake the US economically within a decade. When it comes to trade, China has now displaced the US. “When this century began, China was knocking on the door of the WTO and the U.S. was the leading trading …

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To Remind: One Month Into Trump’s Presidency I Wrote His Presidency’s Obituary and Predicted What Was to Follow

Trump's Presidency: Requiem For Donald Trump: Herland Report AFP

  To remind: One month into Trump’s presidency (Febr.17, 2017) I wrote his presidency’s obituary and predicted what was to follow. Americans are faced with a Satanic threat against truth, and thereby liberty and morality, that they do not understand: Trump’s Presidency: Has Donald Trump overestimated his presidential power? The answer is yes. Is Steve Bannon, Trump’s main advisor, politically …

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The trend of cutting dependence on the US dollar is gaining steam across the globe

Cutting dependence on the US dollar: cutting dependence on the US dollar and switching to national means of payment in international settlements is gaining steam, SputnikGlobe

  As the dollar declines, so does Washington’s power. Cutting dependence on the US dollar: The De-Dollarization discussion suffers from holdover thinking that a reserve currency is needed.  No reserve currency is needed.  Countries can settle their trade balances in their own currencies or contracts can specify the currencies of trade transactions.   Countries with low inflation and low debt will have stronger …

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The Global Financial Revolution and the End of the PetroDollar hegemony

The Global Financial Revolution and the End of the PetroDollar hegemony

  No country has successfully challenged the U.S. dollar’s global hegemony—until now. How did this happen and what will it mean? Foreign critics have long chafed at the “exorbitant privilege” of the U.S. dollar as global reserve currency. The U.S. can issue this currency backed by nothing but the “full faith and credit of the United States.” Foreign governments, needing …

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Financial Weapons of Mass Destruction: The Global House of Cards Casino

Financial Weapons of Mass Destruction: Financial Collapse: Getty

  Financial Weapons of Mass Destruction: On Friday, March 10, Silicon Valley Bank (SVB) collapsed and was taken over by federal regulators. SVB was the 16th largest bank in the country and its bankruptcy was the second largest in U.S. history, following Washington Mutual in 2008. Despite its size, SVB was not a “systemically important financial institution” (SIFI) as defined in the Dodd-Frank …

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Book The Billionaire World Hanne Nabintu Herland How Marxism Serves the Elite
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