We are not blinded by the moral reparation of national independence; nor are we fed by it. The wealth of the imperial countries is our wealth too…. So when we hear the head of a European state declare with his hand on his heart that he must come to the aid of...
What if debt deflation strikes, will the Eurozone’s financial elite still bay for sound finance? Finance capital’s imposition of fiscal austerity on both sides of the Atlantic – and this at a time when private consumption and investment are stagnating – is pushing the...
Republican presidential candidate Ron Paul, among others, has advocated a return to the gold standard for U.S. currency. He is worried about inflation and the continued devaluation of the U.S. dollar. Capitalist politicians like Paul claim if only the dollar were...
The door to 2°C is closing,but will we be “locked-in” ? The world is locking itself into an unsustainable energy future which would have far-reaching consequences, warns the International Energy Association (IEA) in its latest World Energy Outlook report released in...
While North America and Europe were hard hit, China has survived the international crisis of 2008, thanks to huge public spending, a low interest rate and consumption subsidies. China’s growth rate reached 9% in 2009 and 10.4% in 2010; in its wake, China dragged Asia...
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