Tag: Gross Domestic Product

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

‘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

Escalation Without Consequences on the Op-Ed Page

Tina Marie (Ms. Cat)

Escalation Without Consequences on the Op-Ed Page

The United States implemented two “no-fly zones” over Iraq between 1991 and 2003, at which point the US and its partners moved on to the full-scale devastation of Iraq, killing hundreds of thousands in the process. NATO created “no-fly zones” in Bosnia and Herzegovina, and later over Kosovo, during the period in which NATO was dismantling Yugoslavia. In 2011, NATO imposed a “no-fly zone” in Libya, ostensibly to protect the population from Muammar Gaddafi: The result was ethnic cleansing, the emergence of slave markets, mass civilian casualties and more than a decade of war in the country.

French President Macron backs NATO war drive against Russia

Tina Marie (Ms. Cat)

French President Macron backs NATO war drive against Russia

Examining Macron’s speech also reveals the explosive internal class conflicts the NATO powers are seeking to suppress with the war drive against Russia. Already before the war, strikes and protests were mounting against rising inflation and the policies of mass infection with COVID-19 pursued by the NATO powers. Handouts of trillions of dollars and euros to the investing classes in bank bailouts massively fueled inflation, even as over 2 million people died of COVID-19 inside NATO.

Macron laid out a framework in which NATO can try to use the war to falsely blame Russia for the mounting social and economic suffering caused by the official handling of the pandemic. Having admitted that the NATO powers are working to cut Russia out of international trade, he proceeded to blame Russia for the acceleration of inflation and economic disruption the NATO trade embargo on Russia will produce.