Turmoil on world markets caused by US

15th August 2018 shoreditchadmin2 0

There is a generalised crisis of the so-called ‘Emerging Markets’ of the semi-colonial world, and the Turkish lira is only one of a number of sharply devalued currencies this year. Financial market commentators and speculators are all inclined to blame Turkish President Erdogan for the crisis affecting Turkey. In reality the main source of the wider crisis is the US President Trump.

The US is attempting to impose an international ‘economic dictatorship’

14th May 2018 Socialist Action 0

The US issuing almost simultaneously a series of economic ‘demands’ to China, and withdrawing from the nuclear arms agreement with Iran and re-imposing sanctions on that country, has now led to very wide layers understanding that actions by the US administration are at present attempting to de facto impose an international ‘economic dictatorship’.This is a sharp turn in international opinion because this understanding goes far beyond those who are opponents of the US or are in general favourable to China.