Washington Is Changing The World Order Against Its Own Interests – PaulCraigRoberts.org

December 12, 2018 by · Leave a Comment 

The hubris and arrogance of Washington have been at work since the Clinton regime to destroy the power and relevance of the United States.

This website has an international audience. The most asked question from this audience is the world order. There is a realization that Washington’s control might weaken, a development people abroad see as hopeful. They ask me for verification of their hope.

Here is my answer:

The world order has already changed.  China has a larger and more powerful industrial and manufacturing based economy than the US, and China’s potential domestic consumer market is four times larger than that of the US. As economies are consumer based, China’s potential is an economy four times larger than that of the US.

Source: Washington Is Changing The World Order Against Its Own Interests – PaulCraigRoberts.org

The Psychological Bubble That Has Been Propping Up The U.S. Economy Is Starting To Implode

December 4, 2018 by · Leave a Comment 

 

Optimism can be a very powerful thing.  For a long time Americans believed that things would get better, and that caused them to take action to make things better, and that actually resulted in things moving in a positive direction.  But now things have abruptly shifted.  In late 2018, an increasing number of Americans believe that an economic downturn is coming, and they are taking actions consistent with that belief.  As a result, they are actually helping to produce the result that they fear.  And without a doubt, any rational person should be able to see that signs that the U.S. economy is slowing down are all around us.  So it isn’t as if those that are preparing for the worst are being irrational.  It is just that when large numbers of people all start to move in the same direction, it has a very powerful effect.  We witnessed this in the stock market in recent years when people just kept buying stocks even though they were massively overvalued.  The collective belief that there was money to be made in the stock market became a self-fulfilling prophecy which pushed stock prices up to absurd heights.  But now that process is beginning to reverse as well, and ultimately the unwinding of that bubble will be quite painful.

Source: The Psychological Bubble That Has Been Propping Up The U.S. Economy Is Starting To Implode

What does it take to create living wage jobs?

April 17, 2018 by · Leave a Comment 

For those with the practical experience of being an employer, it is well established that in order for an enterprise to survive, profitability is a primary objective. Employing labor is a function of fulfilling a needed task and matching the skills of the worker with the ability of making or running equipment in order to produce the end product for sale. These conditions are the basics when applicants are hired. Putting aside cultural values of work itself, the methods for training the expertise to become productive are often overlooked by managers in the fast paced and changing work environment. Resolving this problem is the practical path on how to build a viable workforce, which in turn would go a long way to be able to pay a living wage.

Read the entire article on the Merchantry archives

 

Amazon is a Destroyer of Jobs and the Merchant Economy

April 4, 2017 by · Leave a Comment 

If this is progress, just how much more can our economy afford? The myth of cheap prices, conveniently seldom factors in the structural costs to society. Building an all inclusive monopoly based upon minimal employees and predatory prices ignores the long anti-trust history that helped create the middle class. The last fifty years has demonstrated the systemic retreat from family prosperity, which has produced a vast disproportionate of wealth among the fewer haves and the growing have-nots. The enormous accumulation of market share that Amazon has steamrolled under the hypnosis of ease in selection of products, placing orders, timely deliveries, and most of all; cheapest pricing has caused the demise of much of traditional retail commerce.

Read the entire article on the “Corporatocracy” archives

The Ugly Face of the North American Union

February 20, 2017 by · Leave a Comment 

For the last several years, the press on the disastrous North American Union has been off front-page news. Nonetheless, the plans to remove barriers and open up borders keeps chucking along. Those who belief this course is desirable or those who conclude that it is unpreventable because the climate of globalization is overpowering, are subversive collaborators of the NWO or gutless wimps that deserve to be run over by the hordes of barbarians that flood our country.

Read the entire article on the “Inherent Autonomy” archives

How Corporations Hijacked Personhood

January 10, 2017 by · Leave a Comment 

Commerce is not a dirty word, nor is the creation of wealth when it is achieved within a free market economy. The problem is that the remnant of a free market existed only in an age before the mercantile interests were able to redefine the character of business transactions. Today, few question the nature of the corporation. Even small business ventures migrate towards the organizational structure of a corporate entity. However, an in-depth analysis of the entrepreneurial enterprises indicates that America’s Shrinking Corporate Sector is in retreat. “Recently released IRS data shows that there were 1.6 million C corporations in 2011. This is the lowest number of traditional corporations since 1974 and 1 million fewer than there were at the peak in 1986.”

Read the entire article on the “Forbidden History” archives

Free Trade Created the Chinese Model

April 11, 2016 by · Leave a Comment 

East will never meet the West of Adam Smith. China never had a culture or tradition of respecting individual human rights. Why would anyone assume that a regime that houses worker slaves in huge chicken coops would adopt a fair trade economy? The Chinese juggernaut is a creature of Western creation. The Red Dragon never reflects the noble contributions of wealth development that grew a stable middle class and spread the fruits of democratic principles. The Chinese model is a harbinger of the global gulag and the coerced society designed to demolish cherished Western Civilization values and liberties. The masters of political confrontations have found a better way than waging world wars for imposing their planetary dominance.

Read the entire article on the “Radical Reactionary” archives

Corporatists Mobilize to Prevent TPP Opposition

March 16, 2016 by · Leave a Comment 

No better example on how the actually world operates can be found than the Corporatist argument that all the opposition to TPP is just wrong. Really ??? Understand that the record of trade agreements have been greatly beneficial to Transnational Corporations. So it is natural that enterprises that seek to crush competition, favor the term FREE, when in reality the practice of conducting commerce on highly structured agreements, eliminates upstarts and squeeze out weak rivals. TPP has finally taken off the mask for all to see.

Read the entire article on the “Corporatocracy” archives

Mr. Trump’s Economic Nationalism

February 22, 2016 by · Leave a Comment 

The America of my childhood was much whiter, but it was also much more prosperous. My father grew up in the Great Depression and fought in WWII, but even without a high-school diploma he owned a house outright when he was my age and bought a new car every three years. And back in that oppressively patriarchal society, he acquired all these things without my mom even having to work.

The deluded young commies who lean toward the apopleptic Bernie Sanders don’t remember that America. They’ve been brainwashed into thinking it was simply an endless dark carnival of lynch mobs and gator-baiting.

And that’s why they have no clue about what Trump means when he says he wants to make America great again.

Read more

Corporatist Economic Espionage

December 9, 2015 by · Leave a Comment 

Espionage is about gathering information. When foreign interests conduct such operations it is usually called spying. When corporations seek to acquire trade secrets from a competitor, it often becomes a case for legal litigation. In business terms, just what is the best way to view stealing secrets? Investopedia defines ‘Economic Espionage’ accordingly.

Read the entire article on the “Corporatocracy” archives

Grinch that stole Christmas

November 28, 2015 by · Leave a Comment 

The usual holiday cheer that underpins the throngs of shoppers may be missing this season. Political pundits are eager to blame potential terrorist risks as a compelling reason to avoid the crowds at malls, but knowing the sentiments of the consumer culture, it is difficult to accept that retail businesses will be empty. Nevertheless, will the economy incentivize the bargain hunters to brave the added security obstacles to storm the doors for the reward of super discount pricing?

Read the entire article on the “Negotium” archives

Rejecting the Keystone Pipeline

November 11, 2015 by · Leave a Comment 

All thinking and rational students of economics and political policy should take note of the triumphed message sent out by the CREDO Action progressive group. The strategy to organize a massive civil disobedience confrontation has been absent from the public square for far too long. However, when the cause is so ill founded and based upon foolish economic realities, the protesting activists need to rethink their falsely placed suppositions.

Read the entire article on the “Corporatocracy” archives

Wal-Mart Symbol of Economic Condition

October 21, 2015 by · Leave a Comment 

Whether you love it or hate it, Wal-Mart is a goliath among giants. It employs 1.4 Million Americans or 1% of the work force. As a gauge of economic activity, financial analyses weigh the performance, sales and consumer attitudes closely. So with the historic stock crash of 10% in one trading day and 22% overall, quite a lot of attention was reported. Most noteworthy comes from The Street; Did Wal-Mart’s CEO Just Drop a Major Bombshell?

Read the entire article on the “Corporatocracy” archives

Coming Soon QE 4

October 7, 2015 by · Leave a Comment 

As the world economy falters and sinks into the abyss of fiscal deflation, the banksters need a new game plan to rescue their debt created monetary system. Notwithstanding, the Federal Reserve would be hard pressed to introduce negative interest rates in the United States as has been tried and tested abroad. Maybe under circumstances of a total meltdown such desperate measures would be forced upon the public, but as conditions presently exist, another dose of quantitative easing is more likely.

Read the entire article on the “Corporatocracy” archives

Where is Global Economic Growth?

April 22, 2015 by · Leave a Comment 

Remember the stagflation years? Maybe the current world economic environment is just in an enduring lethargy awaiting the bottom to fall out. Seldom has flat performance lingered as long as it has. Meaningful expansion, under a zero interest rate strategy has failed. Even much lower oil prices have not jump-started the engine of growth. Prospects for an upturn and a return to producing constructive activity still seem to be years away. Or is this a permanent outlook that baffles business executives and frustrates creative entrepreneurs. For the rest of us, waiting and hoping for a viable economy has become wishful thinking at best.

Read the entire article on the “Negotium” archives

Wealth Destruction for the 99.9 Percent

April 21, 2015 by · Leave a Comment 

Blaming the 1% for diminished prosperity avoids the real reasons for designed poverty. In round terms, the seven billion souls that populate this planet translate into seventy million to be part of the 1%. Well, that amount is still a very large number to blame for the systemic transfer of riches into the hands of the few. A far more relevant approach is to examine the .001% or around seven million that fall into the mover or shakers of asset and possessions. Before targeting this group of mega wealth, that figure includes a very significant number, who are non players when it comes to global politics or transnational finance. 

Read the entire article on the “Totalitarian Collectivism” archives


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