The US elite know the next recession, coming soon, will significantly exacerbate the economic problems at home, while intensifying the political instability abroad. And they are preparing–at home and abroad
Capitalists are driven by a mindless herd mentality once they’ve made money. They believe they can continue doing so forever
Global oil prices cannot be understood apart from understanding what’s happening with other financial asset markets and prices
Part II of the analysis of Trump’s Déjà vu China-US trade ‘war’ from last March 2018 through mid-January 2019
The last decade, 2008-18, is eerily similar to the periods 1921-1929 and 1996-2007
Trade policy under Trump in 2018 is compared with similar US trade offensives under Nixon in the 1970s, targeting Europe, and Reagan in the 1980s targeting Japan
Trump ‘Blinks’ at G20 Meeting and Retreats
The structure of the global economy in the 21st century is such that a new global finance capital elite has arisen
The failure of Democratic Party leaders’ 2018 strategy to deliver as promised in the November 6, 2018 midterm elections should also raise some serious questions about its strategy going forward for 2020
A sense of growing political disenfranchisement adds to the feeling that the country is politically unraveling
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