Category Archives: Economy

Inflation Rising: The ‘Soft Landing’ Plane is Still Circling in America

For months the mainstream media and Washington Pols have been pushing the metaphor that the US economy is a plane on its final approach to a ‘soft landing’. Soft landing is defined as inflation steadily coming down to the Federal Reserve’s goal of a 2% price level AND does so without provoking a recession.

Continue reading Inflation Rising: The ‘Soft Landing’ Plane is Still Circling in America

A Multi-faceted Deception: The COVID-19 Power Grab as “Organized Crime”

Many holes are busting through the thick mental wall of media-generated obstructions meant to block wide public understanding of the COVID-19 power grab. The fake fight to vanquish the celebrity coronavirus is being widely exposed as a multi-faceted deception.

Continue reading A Multi-faceted Deception: The COVID-19 Power Grab as “Organized Crime”

From Industrial Powerhouse to the Brink: The Shocking Factors Behind Germany’s Decline

Perhaps justifiable is the fact that Germany, which has significantly driven the EU’s eastward expansion and faithfully followed American neoconservatives in aggressively expanding NATO toward a retreating Russia, is currently facing its most severe economic crisis since World War II.

Continue reading From Industrial Powerhouse to the Brink: The Shocking Factors Behind Germany’s Decline

Even The Banksters are Being Forced to Admit that the U.S. Economy is Coming Apart at the Seams

It’s wake-up time. For months, there has been a tremendous amount of denial out there. So many of the “experts” assumed that the Federal Reserve and other central banks had everything under control and that things would “return to normal” before too long. But that hasn’t happened.

Continue reading Even The Banksters are Being Forced to Admit that the U.S. Economy is Coming Apart at the Seams

Global Planned Financial Tsunami Has Just Begun

Since the creation of the US Federal Reserve over a century ago, every major financial market collapse has been deliberately triggered for political motives by the central bank. The situation is no different today, as clearly the US Fed is acting with its interest rate weapon to crash what is the greatest speculative financial bubble in human history, a bubble it created.

Continue reading Global Planned Financial Tsunami Has Just Begun

4 Signposts of American Collapse Which Also Occurred in the USSR

In thinking through the (for now) gradually unfolding collapse of the American empire, the collapse of the USSR, which occurred close through three decades ago, continues to perform as a goldmine of useful examples and analogies.

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Beyond the Dollar Creditocracy: A Geopolitical Economy

Understanding of the dollar’s world role is dominated by the ideas of ‘dollar hegemony’ and ‘US hegemony’. In this paper, based on their extensive past work, Radhika Desai and Michael Hudson reveal how these ideas are ideologies, not theories.

They reveal an understanding that is theoretically sound and accords with the historical record, a geopolitical economy of the international monetary system of modern capitalism.

They begin with a theoretical outline of how money operates under capitalism. They then consider how capitalism needs world money and, at the same time, makes its stable functioning difficult.

They then go on to trace the fundamental instability of the modern international monetary systems based on national currencies of dominant countries, from the gold standard to the current volatile and predatory dollar-centred system, and their close connection to short-term and speculative.

“Weak growth in the global economy, low and negative interest rates, the risk of endless stagnation and rising inflation, and prospects for a prolonged recession are, unfortunately, part of the economic reality. Clearly, the globalisation-based financial supercapitalism model, of which the United States was a beneficiary for quite a long time, and which relied on endless lending and financialisation, which turned the commodity markets into financial ones, has run its course.”

–         Alexander Losev from the Preface

Valdai-Paper-116

Download: https://geopolitics.co/wp-content/uploads/2022/06/Valdai-Paper-116.pdf

Radhika Desai is a Professor at the Department of Political Studies and Director, Geopolitical Economy Research Group, University of Manitoba, Winnipeg, Canada.

Michael Hudson is a Veteran of Wall Street; Distinguished Research Professor of Economics at the University of Missouri at Kansas City (UMKC).

With 60 Million Americans Going Hungry, the United States Needs to Make Peace Not War

The United States cannot afford to maintain a war economy. Such a hyper-militarized economy is inciting dangerous tensions between nuclear powers, as well as eroding the very material foundations of American society.

Continue reading With 60 Million Americans Going Hungry, the United States Needs to Make Peace Not War

Lobotomized Economists Clash on the Deck of the Titanic

As the geniuses running the western financial bubble sometimes called an “economy” continue to double down on their obsession to pump a dead financial system with ever more trillions in stimulus spending, arguments are raging among brainwashed economists living in denial over the oncoming systemic collapse.

Continue reading Lobotomized Economists Clash on the Deck of the Titanic

RCEP: World’s Biggest Trade Deal Signed While Deep State Brings U.S. Closer to Civil War

While a civil war is looming in the US, several nations in the Asia Pacific region are silently bringing their economies closer together, and have finally signed the world’s biggest trade agreement ever. This milestone proves that these countries strongly reject the view that a threat of force is the only means of maintaining order in the region.

Continue reading RCEP: World’s Biggest Trade Deal Signed While Deep State Brings U.S. Closer to Civil War

Putin and the ‘Biden Memorial Pipeline’ to China

In early 2014 Washington staged a blatant coup d’etat in Ukraine breaking the historic relationship with Russia and setting the stage for the subsequent NATO demonization of Russia. The one in charge for the Obama Administration of the Ukraine coup was then-Vice President Joe Biden.

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Russia Writes Off More than $20 Billion African Debt

Unlike its Western “partners”, which force their client states to perpetual capitulation via onerous debt, Russia released the African population from their debt obligation of more than $20 billion and further promised to double its economic cooperation with the continent in the foreseeable future.

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Federal Reserve Intervenes with Massive Repo to Inject Cash into Money Markets

For the first time since 2008 the private central bank Federal Reserve has intervened in the money markets due to “unusually high demand for cash,” that sends borrowing costs soaring high, with massive $53 billion repo on Tuesday, and another $75 billion on Wednesday.

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The World is Dedollarizing

What if tomorrow nobody but the United States would use the US-dollar? Every country, or society would use their own currency for internal and international trade, their own economy-based, non-fiat currency. It could be traditional currencies or new government controlled crypto-currencies, but a country’s own sovereign money. No longer the US-dollar. No longer the dollar’s foster child, the Euro. Continue reading The World is Dedollarizing

Concentration of Wealth is Driving a New Global Imperialism

Regime changes in Iraq and Libya, Syria’s war, Venezuela’s crisis, sanctions on Cuba, Iran, Russia, and North Korea are all reflections of a new global imperialism imposed by a core of capitalist nations in support of trillions of dollars of concentrated investment wealth. This new world order of mass capital has become a totalitarian empire of inequality and repression. Continue reading Concentration of Wealth is Driving a New Global Imperialism

Obama Appointed WB President Jim Yong Kim Abruptly Resigns, Here's why

The Obama appointed World Bank President Jim Yong Kim has announced his early retirement to make way for a Trump appointed CEO in The Bank. There’s a deeper, behind the scenes maneuvering in the world’s financial sector that is shifting paradigms and people across various organizations. Continue reading Obama Appointed WB President Jim Yong Kim Abruptly Resigns, Here's why

How the Rich Eat the Poor and the World

The 2016 Oxfam Davos Report which the mass media have ignored arrestingly shows that 62 individuals – 388 in 2010 – now own more wealth than 50% of the world’s population. More shockingly, it reports from its uncontested public sources that this share of wealth by half of the world’s people has collapsed by over 40% in just the last five years. Continue reading How the Rich Eat the Poor and the World

The Latest US Sanctions Point to a Declining World Superpower

On Monday 6th of August the United States imposed a fresh set of sanctions on Iran. These are intended as a prelude to even stronger sanctions to take effect in November. The clearly stated intention is to break the Iranian governments will to resist American demands, and to cause such domestic pain that the Iranian people Will rise in revolt against their government and bring about the long sought after (by the Americans) regime change. Continue reading The Latest US Sanctions Point to a Declining World Superpower

Iran Starts Ditching the Fiat Dollar, Turkey Repatriating Gold from US

In the early years of the global effort to defeat the belligerent faction of the Western Deep State, the BRICS Alliance had sought to do it in a manner that would have the least negative impact on the population of the West. More than a decade since, and the West has not changed much. They are still in the stage of talking about the true nature of the problem with utmost eloquence. Continue reading Iran Starts Ditching the Fiat Dollar, Turkey Repatriating Gold from US

The Boao Forum for Asia at the Prospect of the US-China Trade War

On April 8-11, the resort town of Bo’ao, situated on the Chinese island of Hainan, saw the regular economic Boao Forum for Asia (BFA). Let us note the increasing importance of this forum that today is called “the Asian Davos”. This time it was visited by both the former UN Secretary-General Ban Ki-moon (chosen as the chairman of the BFA directors) and the incumbent one, António Guterres. Continue reading The Boao Forum for Asia at the Prospect of the US-China Trade War

Russia and India on the Brink of a Major Trade Breakthrough

Russia and India are long-standing partners with a rich history of mutually beneficial cooperation. The two countries have great trading potential. However, Russian-Indian trade and economic cooperation cannot yet be called very active. This situation is not acceptable to either side, and now Russia and India are working to develop their economic relations. Continue reading Russia and India on the Brink of a Major Trade Breakthrough