Herland Report: The Billionaire New World Order: The Davos billionaire hotspot World Economic Forum so desires to merge public state funds with the wealth of the privately owned business corporations that dominate the world. This is a very smart initiative that gives billionaires access to the nation states’ government funds. The British empire did the same with the privately …
Read More »Tag Archives: economy
Manipulated Economic Outlook: Financial media reports make no sense
As some readers have remarked in their messages to me, I ceased a while back my monthly reports on the Bureau of Labor Statistics jobs reports and inflation rate. Manipulated Economic Outlook: The reason is that the numbers are not good enough to be able to discern what is the actual state of the economy. Yet every new number is …
Read More »Megathreats, deglobalization and the end of European greatness
The world has entered a geopolitical depression, writes Dr. Nouriel Roubini, pointing at severe megathreats that spell dark days ahead. This new era will resemble the tumultuous decades between 1914 and 1945, as the U.S. economic, financial, security unipolar world is challenged by four powers – China, Russia, Iran and North Korea. “There is a sharply rising risk …
Read More »The Federal Reserve Policy Is Mistaken
Federal Reserve Policy: Normally, recessions are the result of a reduction in liquidity by the Federal Reserve, the central bank, which is signaled by a rise in interest rates. Normally, recessions are short-run affairs of 6 to 9 months. Unemployment, which is as costly in its way as inflation, causes the Federal Reserve to relent and to increase liquidity, …
Read More »Western Civilization Is Ceasing to Exist
Herland Report: Western Civilization Ceasing to Exist: I often explain that we are losing civilization. The risks come from many sources. Among them is the growing risk of nuclear war; the rising police state in which behavior protected by the Constitution is criminalized despite the Constitution; unity supplanted by a Tower of Babel; fomented race and gender hatreds that …
Read More »The American De-Industrialization and Poverty
Herland Report: The American De-Industrialization: As I recently wrote, the US no longer has an economy. America is a market for goods produced offshore with foreign labor that US global corporations sell to Americans. The US which once produced its own manufactured goods and food now imports much of it. The result is that fewer and fewer American incomes are based …
Read More »Covid and the Ukraine war spells the death of Hyper Globalism
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 …
Read More »Washington’s “Russia sanctions” are the best thing that ever happened to Russia, and the worst for Europe
Herland Report: Russia sanctions: Washington’s “Russian sanctions” are the best thing that ever happened to Russia. The sanctions forced Russia away from her mindless effort to be part of the West, turned her toward her real allies, and forced Russia to do what she should have done long ago — bill her energy in rubles, thus supporting her own …
Read More »Europe: The slave of America
Herland Report: Europe, slave of America: The war in Ukraine has made it dreadfully clear that Europe has lost its independence and solely functions as a servant of American interests. European politicians are simply not working for the best interests of Europe. Rather, they are scrambling desperately to implement sanctions that weaken their own economies and make Russia filthy …
Read More »Germany faces collapse of its economic model, with deluded political leaders
Herland Report: Germany faces collapse: Greeks and other southern Europeans could now be feeling schadenfreude as Germany faces the collapse of its economic model in the face of the Ukraine war and the new cold war with China. But with a democratic Europe in the balance, this is no time to gloat. It is never easy to wake up …
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