The scissors of slump

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

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.

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

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