-
President Trump: Give Back the Money and Stop Grabbing More
The White House and Congress can and should provide relief to American families who bore the costs of these illegal tariffs. The administration has the responsibility to design such relief. You took the money illegally; now you should return it. President Donald Trump, you took funds from the American people that were never yours to take. […]
-
Citizens and Government Actions in Economics, Trade, and Financial
Read Part 1 and 2. A. Trade Measures & Market Signaling Economic pressure can be applied instantly and scaled without violence. Immediate Measures (within a week) Government boycott US goods and services A very powerful signal which over time will be felt. Targeted tariffs on selected U.S. goods Symbolic but high-visibility sectors send a clear […]
-
The Neocolonial Ambitions of NATO Countries
The term neocolonialism first appeared in the mid-twentieth century and was used to describe the continuing control of colonial powers (Great Britain, France, Spain, Portugal, Germany, Belgium, Italy) over other nominally independent states, especially their colonies in Africa. In the 21st century, the meaning of the term neocolonialism has expanded and is now used to […]
-
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 […]
-
BRICS Will Fail to Deliver Anti-imperialism
Multipolarity — the idea that there are more than one decisive economic actors in the global economy — is an important fact. More than anything else, the rise of the People’s Republic of China demonstrates that fact. The size and rate of growth, along with the expansive Belt and Road Initiative, establishes that the PRC […]
-
People’s Response to APEC: Breakdown or Breakthrough?
The Doomsday Clock advances 10 seconds closer to midnight. Global temperatures rise beyond 1.5°C. Forests burn. Hurricanes intensify. Meanwhile, countries produce bombs and bullets, the New Cold War inches us closer to nuclear annihilation, and US President Donald Trump extorts the world. The response of the Asia-Pacific Economic Cooperation (APEC) is to draw from the […]
-
Trump’s Whims on Tariffs and Trade Deficits
“Trump’s tariff formula explained: How rates were determined for each country” IMAGE/USA Today/Duck Duck Go Tariffs Tariffs are a tax imposed on imported goods to protect local industries in order to be self-sufficient and thus avoid being taken advantage of. For a very long time, Britain charged tariffs on many items, only in 1860 were […]
-
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 […]
English
Arabic
Chinese (Simplified)
Dutch
French
German
Italian
Portuguese
Russian
Spanish