Why the G7 no longer dictates to the G20
The G20 summit was an historic one. It marked a decisive change in the relative weight of the imperialist countries versus the Global South, to the benefit of the latter.
Economics
The U.S. murdered Germany, Japan and the Asian Tigers – now it tries to persuade China to commit suicide
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.
Consequences and lessons of the new U.S. bank collapses
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.
Key lessons from the failure of the U.S. and success of China’s economic stimulus programs
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.
The global inflationary tsunami is made in the U.S., not Ukraine
‘More than 90 percent of the U.S. price rises took place before the Ukraine war.’
The campaign for pay and for peace has begun
The imperialist proxy war in Ukraine and the drive to dramatically increase the rate of exploitation, are objectively linked. A victory for imperialism on either front would strengthen it dramatically, and a defeat would naturally do the opposite.