Nov 8, 2022 ROBERT SKIDELSKY and PHILIP PILKINGTON Decades of deindustrialization have hollowed out the UK economy and made it woefully ill-prepared for wartime disruptions. As the financial speculators who funded its current-account deficits turn against the pound, policymakers should consider Keynesian taxes and increasing public investment. LONDON – A wartime economy is inherently a shortage economy: … Continue reading Too Poor for War
Russia
My Lords, I am grateful, as we all are, to the noble and right reverend Lord, Lord Harries, for initiating this debate and for drawing attention to the real danger of nuclear escalation. I am in profound disagreement with the Government’s policy on Ukraine—I have said it before in this House and I shall say … Continue reading Speech on “Ukraine: Tactical Nuclear Weapons”
It starts with a tweet: It's time for Christians in every country to come to...
It can't be said often enough how much damage Merkel did by using Minsk as a clever ploy to hurt Russia and worse now admitting to it.
The reaction to the sabotage of three of the four Nord Stream 1 and 2 pipelines in four places on Monday, September 26, has focused on speculations about who did it and whether NATO will make a serious attempt to discover the answer. Yet instead of panic, there has been a great sigh of diplomatic Continue Reading
The post The Euro Without German Industry first appeared on Michael Hudson.Germany has become an economic satellite of America’s New Cold War with Russia, China and the rest of Eurasia. The article this talk was based on: Germany and other NATO countries have been told to impose trade and investment sanctions upon themselves that will outlast today’s proxy war in Ukraine. U.S. President Biden and his Continue Reading
The post Germany’s position in America’s New World Order first appeared on Michael Hudson.A few days ago, I tooted at Mastodon about a Christmas message I’d had from a Russian friend. I intended my post to convey something hopeful about peace and reconciliation, but got immediate pushback from someone who asked why, if there are are some good Russians, they haven’t stopped the war. Meanwhile, over on Elon’s […]
Retraction Watch reports: “A Russian philosophy journal has retracted a paper about lesbian fashion magazines, citing a newly passed law that bans ‘propaganda of non-traditional sexual relations and (or) preferences.'” The journal is Logos (not to be confused with Logos: A Journal of Catholic Thought & Culture or with Logos, the undergraduate philosophy journal at Cornell University), the author is Reina Lewis, a professor of Cultural Studies at the London College of Fashion at University of the Arts London, and the paper is, “Looking Good: The Lesbian Gaze and Fashion Imagery.” The paper is still online, but, Retraction Watch reports: an entry on the Russian database eLIBRARY indicates it was retracted for being “in violation of standards.” The notice continued: “The retraction was issued by the decision of the editorial board due to the presence of signs that fall under the scope of Law No.
All this geopolitical hot air was always going to be about gas, and, predicting that, before all the horse trading and brinkmanship began, we caught up with two independent energy experts, Irina Slav and Ben Aris.
The post The Nord Stream Dream Is America’s Nightmare appeared first on Renegade Inc.
Whatever the outcome in Ukraine, one thing is for sure the economic reverberations will be felt by everyone for years to come as the world divides between the West and a rapidly reshaping Eurasia.
The post Sanctions: The Blowback appeared first on Renegade Inc.