For the sake of brevity, and because this is not a scholarly article, but only an examination of a theme that must be treated in as few words as possible, it is necessary to make some sweeping generalizations.
This is the last of four essays which, taken together, outline my proposed system of minimal governance, called convivial governance. Today, it’s time to ask the thorny question: how should all this be paid for?
Unusual remarks and actions by the outgoing head of the Bank of England and other central banking insiders strongly suggest that there is a very ugly scenario in the works to end the role of the US dollar as world reserve currency.
“Lenin said that capitalists would sell the Communists the rope to hang them. But as matters turned out, capitalists let China sell them the labor that served to hang American capitalism.” — Michael Hudson
Thousands of people in Sweden are having futuristic microchips implanted into their skin to carry out everyday activities and replace credit cards and cash.
Modern fractional reserve banking is ultimately a confidence game. If lenders or depositors are confident their bank is solvent, it stands.
Brussels is trying to punish Rome for low budget discipline, but runs the risk of running into a very effective response
In any political, and especially allied relations, there is a place not only for general strategic plans, but also the concept of a certain critical mass, which, with its accumulation even without loud words about a break, secretly makes friendshi
As it becomes clear that the Trump Administration support, so far unsuccessful, for regime change in Venezuela is also very much about targeting the huge financial presence of China with the Maduro regime, recent news of a major Chinese oi