America Is Morally Bankrupt
As the discussion is still raging on in Washington concerning the deficit and the US debt ceiling, it is becoming rather obvious that a backroom deal will eventually be made by the GOP controlled House of Representatives and the Obama administration. Ordinary Americans will pickup the tab by getting critical social programs standing between them […]
Debt: Is America “Too Big To Fail”?
The discussion of America’s debt ceiling is the talk of the town in Washington and key international financial markets. If you still have the dubious privilege to have a credit card or a line of credit, it is likely that your respective financial institutions have considerably reduced your own “debt ceiling” since the 2008 crash. […]
United States of America: The Lowest Common Denominator Empire
Like a bottle of milk, all empires have their expiration date. Rome lasted a millennium; the French and British empires had a global reach for centuries. Others were not as successful and disappeared in a few years. This was, of course, the case for the psychotic empire that Adolf Hitler tried to create. He thought […]
Is A New World Order By The People And For The People Possible?
The global community has reached a development impasse. The cut throat management philosophy of global capitalism is not only failing, but collapsing at a noticeable speed-as long as some attention is being paid at what is really going on. Ever since the wind of the Arab Spring, from the Jasmine revolution in Tunisia, blew a […]
Are We Heading For A Bigger Global Financial Crash Than 2008?
What Recovery? Since 2008, Disaster Capitalism Is Still Running Amok On The Global Market It is common knowledge that the crash of 2008 was dreadful. But it seems that the very rough financial ride is not over as signs of an economic recovery in the United States are on a steep decline. The unemployment figure […]
