Tag: Investment

The scissors of slump

Tina Marie (Ms. Cat)

Last week, US Treasury Secretary Janet Yellen told the US Congress that “We now are entering a period of transition from one of historic recovery to one that can be marked by stable and steady growth. Making this shift is a central piece of the President’s plan to get inflation under control without sacrificing the economic gains we’ve made.”

It’s true that the US economy since the depths of the pandemic slump, (which remember in terms of national output, incomes and investment was the worst since the 1930s – even worse that the Great Recession of 2008-9) has made a recovery. But it could hardly be described as ‘historic’. And as for the claim that the US economy, the best performing of the major economies in the last year, is heading towards ‘stable and steady growth’, that is not supported by reality.

The scissors of slump

As UAE embraces Iran, fizz goes pop for Abraham Accords

Tina Marie (Ms. Cat)

The terrible secret about Faustian deals is that they need a Mephistopheles to nurture them. That said, Goethe’s Mephisto is very different from the crude devil of medieval legend. Goethe sketches him as a cultivated, witty, and cynical exponent of materialism and nihilism who preaches a sophisticated doctrine of philosophical negation.

As UAE embraces Iran, fizz goes pop for Abraham Accords

Conspiracy theories aside, there is something fishy about the Great Reset

Tina Marie (Ms. Cat)

Conspiracy theories aside, there is something fishy about the Great Reset

Instead of corporations serving many stakeholders, in the multi-stakeholder model of global governance, corporations are promoted to being official stakeholders in global decision-making, while governments are relegated to being one of many stakeholders. In practice, corporations become the main stakeholders, while governments take a backseat role, and civil society is mainly window dressing.