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 »Tag Archives: economy
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 …
Read More »Prepare for the Reality of Financial Collapse
Herland Report: Financial Collapse: Financial experts and insiders have, for well over a decade, warned that a collapse of the U.S. currency is a mathematical inevitability, and this collapse will have global ramifications, as the dollar is the world’s reserve currency. U.S. inflation is currently at 8.3%, but in some markets, it’s in the double digits. Used car sales, …
Read More »The Continuing American Collapse
Herland Report: American Collapse: Glenn Greenwald and Matt Taibbi are America’s best journalists. They are not talking heads on CNN or voices on NPR and they are not permitted to write for the New York Times. Moreover, they are both men of the left, so how can they be America’s best journalists? The answer is that they are honest. …
Read More »The United States Has Committed Economic Suicide
Herland Report: U.S. Economic Suicide: Two Examinations of US Economic Policy by Michael Hudson and Dr. Paul Craig Roberts: Today I am pleased to present a double feature on economic policy. Michael Hudson leads off with an explanation of economic policy as a social cost to the working class, and I follow up with an explanation that US economic …
Read More »Western sanctions may hurt the West and especially Europe much more than Russia
Herland Report: Western sanctions hurt the West: The strategy of imposing economic sanctions to hurt Russia for its invasion of Ukraine, may produce an economic fallout that is very different from what many expected. Who will be the economic losers from the Ukraine-Russia conflict in the short and long run? With soaring oil, gas and other commodities prices, Russia’s …
Read More »