By Ellen Brown* – Creative Common The new terms could be harnessed for local governments to own and operate their own banks. Congress seems to be at war with the states.
by DEVNET JAPAN Mr. Fumiyasu Akegawa In March 2013, I established Devnet Tokyo, now Devnet Japan, as the East Asian country’s sole branch of Devnet International, which, since 1995, enjoys a Consultative Status with the United Nations Economic and Social Council (ECOSOC).
FROM PILLAGE TO SECURITY. LIFE FOR ALL THE INHABITANTS OF THE EARTH Three scourges are devastating the life of the Earth’s Inhabitants – the Covid-19 pandemic ( more than 230,000 deaths).
By George Friedman* – Geopolitical Futures A riot broke out in a poor, predominantly Muslim neighborhood north of Paris over the weekend. The immediate cause was a traffic offense and a violation of the coronavirus lockdown. The deeper cause was the belief that police were…
By Marshall Auerback* – Independent Media Institute The upheavals in the oil market are flipping the world on its head and again proving that rational industrial policy is a better guidance. When a staple commodity collapses to negative value it signals that something is…
Adam Tooze* – The Guardian The pandemic has necessitated huge borrowing – but post-crisis austerity would be the very worst way to deal with it We do not know how this pandemic will end. We do know that we will be poorer when it’s over: GDP is plunging around the world.
By Nadia Batok* Impact of the 2019-2020 coronavirus pandemic on aviation Aviation is undoubtedly one of the sectors hit hardest by the outbreak of COVID-19. After first appearing in Wuhan in China in December 2019, coronavirus has spread to at least 171 countries and…
By George Friedman*- Geopolitical Futures A recession is an essential part of the business cycle. Among other things it culls the weaker businesses and redistributes capital and labor for better uses.
The economist The economic crisis will expose a decade’s worth of corporate fraud Downturns are accounting crooks’ worst enemy When bernie madoff owned up to a $65bn Ponzi scheme in December 2008, it was not out of guilt. He knew the game was up.
Kannan* These are not normal times for any country in this world. In one swoop Covid-19 virus has proved how fast it can globalize and integrate all countries and people, but in a disastrous way.
