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, …
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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 »Europeans and Americans will pay for sanction policy and supply restrictions
Herland Report: Europeans and Americans will pay for sanction policy: If the inflation narrative we are being fed is true, the sanctions policy of the US government makes no sense as the worst sufferers are the American and European populations who are paying for the supply restrictions in higher prices and interest rates. As Russia is an exporter of …
Read More »Russia’s war in Ukraine: The End of an Economic Illusion
Herland Report: Coming after a year of high inflation, Russia’s war in Ukraine is forcing a reckoning for policymakers and commentators everywhere. New macroeconomic realities show that the days of mindless demand stimulus, guaranteed bailouts, and activist climate policies must now be put behind us. Inflation’s return marks a tipping point. Demand has hit the brick wall of supply. …
Read More »Sadly, the American Empire Destroys the Trust in its own Dollar
Herland Report: The recent escalation U.S. sanctions blocking Europe, Asia and other countries from trade and investment with Russia, Iran and China has imposed enormous opportunity costs – the cost of lost opportunities – on U.S. allies. And the recent confiscation of the gold and foreign reserves of Venezuela, Afghanistan and now Russia, along the targeted grabbing of bank …
Read More »What to do about Inflation, according to famous political economist
Herland Report: What to do about Inflation: Americans live from threat to threat. Now that the “covid threat” and the “Russian threat” have played out, we have the “inflation threat,” but is it any more real? It is true that the Central Bank has poured out unprecedented amounts of money for more than a decade. The excuses were: to cause a …
Read More »A Complete Overhaul of the U.S. Financial System underway?
Herland Report: A Complete Overhaul of the U.S. Financial System: This story is about money and an alarming paper by Biden’s nominee Saule Omarova. For quite a while, we’ve been all discussing different aspects of the Great Reset and the treacherous plan to use the “happy” language of “public good” and “sustainable development” to push through an all-encompassing power grab by the largest …
Read More »Valdai: Afghanistan and the Degenerated Western Culture
President Putin at Valdai: Since Russia is now our much talked about enemy, one would assume that the Western media would scrutinize every word said by President Putin at the recent 2021 Valdai Conference which gathers influential journalists and statesmen from all over the world in Russia. But not so. As the 2021 Valdai Conference was held in the …
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