The attacks on Nord Stream and the elephant in the room (tags)
In an interview with Berliner Zeitung, U.S. economist Jeffrey Sachs said that destroying Nord Stream would be contrary to Russia's interests; the country would lose "income, financial assets & bargaining power." The U.S., would "benefit strategically and financially."
Raising interest rates to fight inflation is a crazy idea (tags)
A wrong analysis of the causes of inflation leads to wrong countermeasures. Wage restraint means a loss of purchasing power and does not change the increased energy prices. Higher interest rates will make loans more expensive, lead to less investment, eg renewable energies.
In the run-up to the founding of NATO, those responsible in the USA knew: The Soviet Union posed no military threat. The weakened power could not sustain an attack on Western Europe even if it wanted to: The Soviet Union's economy is largely destroyed and technologically obsolete.
Corona vaccine development - they prefer not to ask about risks and side effects (tags)
Thousands or even millions could be vaccinated on the basis of "emergency approval." We will probably have to live with the virus. The current strategy of damaging measures until a vaccine is available is a bumpy path with incalculable risks, side effects and visible collateral damage.
Market-conforming Democracy (tags)
Market-conforming democracy," Angela Merkel's guiding idea, is a pleasant-sounding description of plutocracy where the forms still exist but their substance is "financialized," where myths of privatization. corporate beneficence and self-healing markets are zombie gods.
Occupy World - The Protest Against the Financial System Intensifies (tags)
Since the beginning of the financial crisis, governments from Berlin to Washington solemnly vowed to regulate the financial system more strongly, close the casino on the financial markets and call to account financially the speculators.for their inflicted damage. Deeds did not follow.
The word crisis describes a turning point where a decision about direction must be made. A dramatic turning point where business as usual is not an option does not correspond to our picture of an ordered world.
On the Financial Crisis in the 20:80 Society (tags)
The question is how we deal with the 20:80 society, not whether the 20:80 society is coming because the development is irreversible. In the long-term, work will disappear.. Jobless growth has become the normal condition.The end of work can be a great leap for humanity.