The U.S. knows from its experience in defeating Germany, Japan, and the Asian Tigers that a decisive way to slow a competitors growth rate is to get it to reduce its level of investment. The problem for the U.S. is that it has no means to force China to reduce its level of investment.
Sevim Dağdelen publicly speaks out against the war in Ukraine and is calling for peace talks to end the conflict, instead of fuelling it further with arms shipments.
The collapse of Silicon Valley Bank and Signature Bank fully confirms the extremely damaging character of the U.S. stimulus policies which were launched to attempt to deal with the economic consequences of the Covid pandemic.
The Global South is refusing to bend the knee to Washington.
Europe and the US are ignoring calls by Africa, Latin America and Asia to find a solution that ends the war in Ukraine.
The present global economic situation is largely defined by the by the extremely negative consequences of the U.S. stimulus programs.
These consequences are fully in line with economic theory.
Clarity on these economic issues is crucial.
No 2 NATO – No 2 War Conference – Saturday 25 February 11.00am – 5.00pm – central London
Opposing NATO’s aggressive wars and supporting peace
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