According to various reports, the Russian government is reconsidering the neoliberal policy that has served Russia so badly since the collapse of the Soviet Union. If Russia had adopted an intelligent economic policy, Russia’s economy would be far ahead of where it stands today. It would have avoided most of the capital flight to the West by relying on self-finance. …
Paul Craig Roberts – They Tell Us Nothing But Lies
A British governmental inquiry has concluded that Russian President Putin “probably approved” the killing of Alexander Litvinenko by polonium poisoning. http://www.informationclearinghouse.info/article44002.htm As no evidence is provided for the surmise, we can conclude that this report on an unresolved event that happened a decade ago is part of the lies being used by the West to demonize Putin, just as the …
Alternative Visions – Central Banks Running Amuck – 12.18.15
Jack reviews the state of the US and global economy, focusing on US interest rate hikes by the Federal Reserve and its consequence for the US and global economies. In the review of this week’s economic events, the arrest of Pharma CEO Skrelli, what’s going on with Argentina and the resurgence of Neoliberalism in South America, and the US Congress’s passing of another $650 billion in tax cuts for corporations and the rich are also addressed. Next show: Jack continues review of his latest book, ‘Systemic Fragility in the Global Economy’, now available from his blog, jackrasmus.com, discussing why economists and their theorists continue to get the global economic picture wrong.
Why Putin Doesn’t Need To Pander To The West
It’s quiet on the eastern front – as quiet as a conflict between world superpowers can be. Since February’s cease-fire agreement, relative calm has prevailed in Ukraine and world events elsewhere – Iran and Yemen – have shifted the global focus. Still, the West’s frigid relationship with Russia is no less chilly and antagonism, not cooperation, remains the modus operandi. …