Demowp

Tag: Interest

  • Pakistan Under Global Scrutiny

    International reports of the last five years indicate that bad governance within Pakistan is gaining continuous attention of the watchdogs, lenders, and investigative media. The issue of governance in Pakistan has become a global concern where economic pressures, political strain and restriction of free expression started to meet. The HRW and Amnesty International reports allege […]

  • Conceptual Model of State Collapse

    Summary A minimalist conceptual model of the state is presented in which the fundamental basis of state existence and continuity is the flux of produced resources between producers and the needed state apparatus, while contending with powerful domestic non-state actors and foreign challenges. External conditions that reduce per capita production threaten state continuity, and the […]

  • Compound Interest Is Devouring the Federal Budget

    Compound Interest Is Devouring the Federal Budget

    Albert Einstein is often quoted as saying that compound interest is “the most powerful force in the universe.” The quote is probably apocryphal, but it reflects a mathematical truth. Interest on earlier interest grows exponentially, outrunning the linear growth of revenue and eventually consuming everything. That is where the United States now stands. The government […]

  • Why New York City Needs a Public Bank

    We will build a city-owned bank — not to serve shareholders, but to serve you. A bank that invests in housing, in transit, in climate resilience. A bank that puts our money to work for our people. — Zohran Mamdani, Victory Speech, Nov. 4, 2025 New York City has elected a mayor who dares to challenge […]

  • How a Fed Overhaul Could Eliminate the Federal Debt Crisis, Part II: Curbing Fed Independence

    There has been considerable discussion in recent years about reforming, modifying, or even abolishing the Federal Reserve. Proposals range from ending its independence, to integrating its functions into the U.S. Treasury Department, to dismantling it and returning monetary policy to direct congressional or Treasury oversight. The Federal Reserve Board Abolition Act (H.R. 1846 and S. 869, 119th […]

  • Stagflation: Stagnation, Inflation, and Beyond

    Since my prediction in April of 2007 of an impending economic crash, I’ve vowed not to risk my unblemished record with any further predictions. But a simple thing that I learned from the run-up to that catastrophe was when the “little people” — the “every man and every-woman” — found their way into stock market […]

  • Fatal Decline of the Imperial Power

    A previous article, “Challenging China,” described the mixed and managed economy that enables China (PRC) to overcome the economic pressures posed by an overly contentious America. More to it. China’s mixed and managed economy is designed to match its stage of development and is well managed. The U.S. non-managed economy has no design and does […]

  • President Trump’s Proposal to Eliminate Income Taxes: Can It Be Done?

    In February, President Trump said that tariffs would generate so much income that Americans would no longer need to pay income taxes. The latest plan, according to U.S. Commerce Secretary Howard Lutnick, is to abolish income taxes for people who earn less than $150,000 yearly. That move would affect roughly 75% of workers, according to U.S. Census Bureau data. On its […]

  • Donald Trump and Depression Economics

    Donald Trump and Depression Economics

    Somewhere in the universe is a man known as Donald Trump. He has residences in New York, Palm Beach, Florida, and a white columned house at 1600 Pennsylvania Avenue, Washington, D.C. From these well-furnished bungalows, where supplicants meet to greet, monarch butterfly Trump governs his territory ─ planet earth. When the monarch desires a change […]

  • A Return to Basics: Rasmus, the “Neoliberal” Turn, and Exploitation

    Instead of the conservative motto, ‘A fair day’s wage for a fair day’s work!’ they ought to inscribe on their banner the revolutionary watchword: ‘Abolition of the wage system!’ Karl Marx, Value, Price, and Profit Today, the point that Marx made in his 1865 address to the First International Working Men’s Association is largely lost […]

Generated by Feedzy
en English
ar Arabiczh-CN Chinese (Simplified)nl Dutchen Englishfr Frenchde Germanit Italianpt Portugueseru Russianes Spanish