Tag: GDP

The Different Ways That US And Chinese Governments Use Their Power

Tina Marie (Ms. Cat)

Russia’s war on Ukraine both reflects and deepens a global split that should remind us of Karl Marx’s famous remark: “No social order ever disappears before all the productive forces, for which there is room in it, have been developed; and new higher relations of production never appear before the material conditions of their existence have matured in the womb of the old society.” The United Kingdom already lost its particular social order—its empire—while the United States is now losing its.

The Different Ways That US And Chinese Governments Use Their Power

I Cannot Live on Tomorrow’s Bread

Tina Marie (Ms. Cat)

On April 19, the International Monetary Fund (IMF) released its annual World Economic Outlook, which forecasted a severe slowdown in global growth along with soaring prices.‘For 2022, inflation is projected at 5.7 percent in advanced economies and 8.7 percent in emerging market and developing economies – 1.8 and 2.8 percentage points higher than projected in … January’, the report noted. IMF Managing Director Kristalina Georgieva offered a sobering reflection on the data: ‘Inflation is reaching the highest levels seen in decades. Sharply higher prices for food and fertilizers put pressure on households worldwide – especially for the poorest. And we know that food crises can unleash social unrest’.

I Cannot Live on Tomorrow’s Bread

Related:

This Isn’t Putin’s Inflation

H/T: The New Dark Age

Alarmism About China Distracts from Ongoing Western Imperialism

Tina Marie (Ms. Cat)

West projecting its own image onto China when labeling it imperialist

According to many Western commentators—from the center-left to the far-right—China is the major threat to democracy, climate, peace and sovereignty in the 21st century. It is an issue where Donald Trump and Joe Biden are completely aligned. On the other side of the Atlantic too, Nigel Farage and Keir Starmer are closing ranks behind a sinophobic story-line.

Alarmism About China Distracts from Ongoing Western Imperialism

‘We the People’ Are the New, Permanent Underclass in America

Tina Marie (Ms. Cat)
Zerohedge.

By John W. Whitehead & Nisha Whitehead, April 11, 2022

This is financial tyranny.

The U.S. government—and that includes the current administration—is spending money it doesn’t have on programs it can’t afford, and “we the taxpayers” are the ones who must foot the bill for the government’s fiscal insanity.

‘We the People’ Are the New, Permanent Underclass in America

Europe Must Learn To Cheat On Its Sanctions (Just Like The U.S. Is Doing It)

Tina Marie (Ms. Cat)

April 01, 2022 – Moon of Alabama

The European Union and China will hold a virtual summit today. Before the summit started Brussels has strewn rumors that it would pressure China to not support Russia.

China is of course rejecting any pressure and retaliates by pointing out Europe’s weak strategic autonomy:

Europe Must Learn To Cheat On Its Sanctions (Just Like The U.S. Is Doing It)

Comment by the Author of The New Dark Age:

Has the EU really been ‘captured’by the US? I think not! The major European powers, Germany, France, Italy and Holland (along with the UK), are an integral part of the Imperialist Bloc. When you talk about their interests being harmed, you are conflating the interests of the capitalist classes (and their essential servants) with those of the working people of these countries. Since when have the ruling classes of the Imperialists given a flying fuck about their working classes! They have vast amounts of capital, they’re not touched by the any of it, anymore than by the fake Pandemic. As with ‘traditional’ wars fought by capitalism, this is just another kind of war and as with traditional wars, it’s not only about markets and competing capitalist classes, it’s about destroying capital! It’s just as much a World War as the previous ones, but fought in an entirely different way, using different weapons. It has consumed (or is on the process of consuming) even more surplus capital than WWI/II, you just don’t see it! When will the left wise up? They got conned by the Bug and they’re now being conned by the Sanctions War on the planet!

The New Dark Age