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
Tag: World Bank
Katrina vanden Heuvel on How U.S. Media’s “One-Sided Debate” on Ukraine Fans the Flames of War
Bilderberg does China
When Davos and Bilderberg messenger boys look at The Grand Chessboard, they realize that their era of perpetual free lunch is over.
Bilderberg does China
President Biden Orders Redeployment of Troops to Somalia
Biden also gave the Pentagon the authority to target about a dozen suspected al-Shabaab leaders
President Biden Orders Redeployment of Troops to Somalia
Related:
US Government Turns Somalia Into Failed State to Steal Its Oil
Sanctions against Russia: Reactions from the Middle East
By Yuriy Zinin – New Eastern Outlook – 12.05.2022
The Middle East media have not stopped commenting on recent developments in Ukraine through the prism of their perception in the region. Particular attention is paid to the topic of the sanctions imposed on Moscow and their resonance in the Arab world.
Sanctions against Russia: Reactions from the Middle East
Notes from Eritrea
BAR contributor Ann Garrison continues her reporting from the Horn of Africa. She is now in Eritrea.
Notes from Eritrea
Ukraine: The American Tyranny Of Power
Ukraine: The American Tyranny Of Power
The first thing these evil ruling oligarchs want is property, and the best way to drive prices down is to start a war, like they did in Vietnam, and in Iraq, Libya, Syria, Yemen and the entire Middle East where people are fleeing the war zones. As soon as this happens, land prices go down and the corporate privateers sweep in.
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Digital Directorate so it can more effectively control internet information. The control of scientific and technological information is just as important as the control of words and language, any intellectual information that is written or spoken. All the internet hypertext language is routed through the supercomputer processors of the CIA in Langley, Virginia. Vladimir Putin recently said that the Internet was a CIA special project. He was right.
H/T: The New Dark Age
The Russia-NATO Cyber War Is Escalating Fast
The Russia-NATO Cyber War Is Escalating Fast
As such, any information coming out of the Five Eyes’ intelligence services should be treated with a healthy dose of skepticism.
The end of Western domination
The Western sanctions against Russia, decided unilaterally by Washington, are presented as a just punishment for the aggression against Ukraine. But, without mentioning their illegality under international law, everyone can see that they do not reach their target. In practice, the United States is isolating the West in the hope of maintaining its hegemony over its allies.
The end of Western domination
Alarmism About China Distracts from Ongoing Western Imperialism
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

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