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Now the Pay-off Comes from Blowing Up the Nord Stream Pipeline
On June 23, Jamison Cocklin headlined at Natural Gas Intelligence, “Venture Global Set to Become Germany’s Biggest Long-Term LNG Supplier” and reported: “Venture Global LNG Inc. has agreed to supply a state-owned German company with the super-chilled fuel for two decades as European offtakers continue to line up deals to replace Russian natural gas imports.” […]
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A Matter of Interest: The RBA, Inflation and Corporate Profits
He is one of the least empathetic of beings, a cold fish, bothered and irritated. Captured by the cradle of numbers (he is an economist); obsessed by the spreadsheet of projections that may never result, there is not much to recommend the chief of the Reserve Bank of Australia, Philip Lowe. Come to think of […]
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“Free Trade” as Revealed in the China-United States Paradigm
Free trade is much ballyhooed by the US and the capitalist world, but critics have been skeptical as to whether such trade freely takes place. Investopedia provides a useful definition of free trade: A free trade agreement is a pact between two or more nations to reduce barriers to imports and exports among them. Under […]
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Peace Dollars: Putting Our Economic House In Order
The total federal deficit at $31+ trillion? Maybe it’s time for some creative thinking — a totally unique strategy that benefits all Americans, not just capitalist predators. Special use currency is not unprecedented. Abraham Lincoln used “greenbacks” — the paper currency shown above, backed by nothing more than confidence in the government — to finance the Civil War. He […]
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Does China Have a Huge Problem Despite Impressive Economic Development?
The G7 has recently wound up its meeting in Hiroshima, and the participants joined to affirm their fear of the Threat of China. British media reported that prime minister Rishi Sunak said: “China poses the biggest challenge to global security and prosperity of our age with the ‘means and intent to reshape the world order’.” The […]
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Toxic Contagion: Funds, Food and Pharma
In 2014, the organisation GRAIN revealed that small farms produce most of the world’s food in its report “Hungry for land: small farmers feed the world with less than a quarter of all farmland.” The report “Small-scale Farmers and Peasants Still Feed the World” (ETC Group, 2022) confirmed this. Small farmers produce up to 80% […]
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America’s Sanction Idiocy
Vice Chairman of Berkshire Hathaway Charlie Munger recently said that everything that increases tensions between China and the U.S. is “stupid, stupid, stupid.” Microsoft Founder Bill Gates believes the U.S. will not “be successful at preventing China from having great chips.” Even American businesses try to get around the country’s export controls and protect their […]
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The Work That Tricontinental Does
I am grateful to you for reading this newsletter, which has been coming to you since March 2018 and which now – thanks to the efforts of our movements – reaches over a million people. Our first newsletter posed a problem that remains at the heart of our institute’s work: The Left has before us […]
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Sowing Seeds of Plunder
It’s a lose-lose situation for Ukrainians. While they are dying to defend their land, financial institutions are insidiously supporting the consolidation of farmland by oligarchs and Western financial interests. So says Frédéric Mousseau, Policy Director of the Oakland Institute, an independent think tank. Depending on which sources to believe, between 100,000 and 300,000 Ukrainian soldiers […]
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Can the U.S. Adjust Sensibly to a Multipolar World?
In his 1987 book The Rise and Fall of the Great Powers, historian Paul Kennedy reassured Americans that the decline the United States was facing after a century of international dominance was “relative and not absolute, and is therefore perfectly natural; and that the only serious threat to the real interests of the United States […]
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