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The Collapse of Antiquity: Greece and Rome as Civilization’s Oligarchic Turning Point Available on Amazon The Collapse of Antiquity, the sequel to Michael Hudson’s “…and forgive them their debts,” is the latest in his trilogy on the history of debt. It describes how the dynamics of interest-bearing debt led to the rise of rentier oligarchies Continue Reading
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In court, the feds said Oak Flat would be in the hands of mining giants Rio Tinto and BHP by early summer.
The post Biden Moves Forward With Mining Project That Will Obliterate a Sacred Apache Religious Site appeared first on The Intercept.

After rooting through the IMF’s World Economic Outlook Data Base, [Richard] Dias [of Acorn Macro Consulting] conducted a comparative analysis of the percentage of global GDP adjusted for PPP between the G7 and BRICS, and made a surprising discovery: BRICS had surpassed the G7.This was not a projection, but rather a statement of accomplished fact: BRICS was responsible for 31.5 percent of the PPP-adjusted global GDP, while the G7 provided 30.7 percent. Making matters worse for the G7, the trends projected showed that the gap between the two economic blocs would only widen going forward….
PPP versus GDP analysis. Same with China, which is ahead of the US based on PPP although not GDP.
In Moscow this week, the Chinese and Russian leaders revealed their joint commitment to redesign the global order, an undertaking that has 'not been seen in 100 years.'
In Moscow, Xi and Putin bury Pax Americana
Pepe Escobar