It is imperative that the world’s people throw their weight against these “solutions” and usher in a new era of world order, one of the People’s World Order; with the solution lying in local governance and local economies, so that the people have greater roles in determining the future and structure of their own political-economy, and thus, their own society.
The U.S. administration has prompted a huge surge in the U.S. dollar, which may help refinance its financial sector. The cost is a currency whirlwind that threatens the collapse not just of banks and companies but entire countries.
In the past week the financial crisis, which began in banking and spread to stocks, has careered into [...]
While US Treasury Secretary Henry ‘Kamikaze’ Paulson seeks Congress permission to spend a further $700 billion of taxpayer’s money to chase after bad debts, Bloomberg reports that public borrowing will soon go over $1 trillion and that this will crush the US Dollar.
Treasury Secretary Henry Paulson’s plan to end the rout in U.S. financial markets [...]
On August 7th, Georgia launched an unprovoked and vicious assault on the capital city of South Ossetia, Tskhinvali, killing perhaps as many 2000 civilians, many of them women, children and old people and destroying much of the city including the main hospital and the university.
Filed in Creative-i on Asia, From the Editor
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Also tagged Abkhazia, ANC, Asia, BBC, bush, caspian, cia, crisis, economy, empire, EU, GE, georgia, independent, iri, israel, italy, left, media, media coverage, MIT, NATO, New York, oil, ossetia, pentagon, private military contractors, propaganda, putin, right, Saakashvili, south ossetia, soviet union, the state, uk, Ukraine, un, usa, war
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The money, arms and military training is not from a `new growing economy’ its from the US taxpayer, the Pentagon and NATO … along with the USAID … and yes other NATO aspirant … Ukraine.
Filed in Creative-i on Asia, Guest Writers
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Also tagged Abkhazia, ANC, Asia, bush, cia, economy, EU, finance, GE, georgia, independent, iri, media, MIT, NATO, New York, ossetia, pentagon, poverty, refugees, south ossetia, the state, uk, Ukraine, un, usa, war
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The Financial Tsunami: The Financial Foundations of the American Century
by F. William Engdahl
Global Research, January 16, 2008
Part II
[Part I can be found at: The Financial Tsunami: Sub-Prime Mortgage Debt is but the Tip of the Iceberg]
The financial foundations of the American Century
The ongoing and deepening global financial crisis, nominally triggered in July 2007 by an [...]
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