The Twilight of Neoliberalism

Created
Thu, 25/09/2025 - 07:29
Stumbled across this recently:  China aims to become custodian of foreign sovereign gold reserves to strengthen its standing in the global bullion market, according to people familiar with the matter. The People’s Bank of China is using the Shanghai Gold Exchange to court central banks in friendly countries to buy bullion and store it within […]
Created
Sun, 28/09/2025 - 10:21
Starbucks sells expensive sugared drinks, and some of them have coffee in them. It’s been very profitable and despite some declines, remains so. The CEO was paid about $96 million last year. He was brought in to “turn Starbucks around”, and his main moves have been towards returning Starbucks to its roots as a “third […]
Created
Mon, 25/08/2025 - 20:18
I think we can put a peg in this. For years everyone’s being “we’re going fascist.” It’s done. It’s over. The US has gone fascist. Purges of the military, intelligence and law enforcement agencies to install personal loyalists; Troops in the capital, armed, with law enforcement rights, and a promise to do the same in […]
Created
Tue, 26/08/2025 - 12:31
The US government is to take a 15% cut of Nvidia and AMD chip sale profits to China. There are also discussion of taking a 10% stock share in Intel. Meanwhile the Pentagon has taken a hundred million dollar stake in a rare earth miner, and guaranteed minimum prices. As Albert Pinto notes, this isn’t […]