Global Currency War, Central Banks ‘Race to the Bottom’, Europe Capitalist ‘Weak Link’–audio

9 August 2019 — Jack Rasmus

In the wake of last week’s Trump-China Trade War tariff hike, the fallout continues: No trade deal 2019 for certain. More market instability coming. Central banks worldwide rushing to lower interest rates and currencies falling–aka the currency war has arrived. Europe’s 3 imminent crises brewing. And watch out for India Economy as Modi engages in classic political diversion in Kashmir to distract from coming economic instability. To listen to analyses of these and related topics on the global economy, listen to my August 9 Alternative Visions radio show:

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India’s Tryst with Destiny: Freedom Struggle from Exploitation and Degradation Is Global By Colin Todhunter

7 August, 2019 — Global Research

Today, we are in the grip of a globalised system of capitalism which drives narcissism, domination, ego, anthropocentrism, speciesism and plunder. A system that is using up oil, water and other resources much faster than they can ever be regenerated. We have poisoned the rivers and oceans, destroyed natural habitats, driven wildlife species to (the edge of) extinction and have altered the chemical composition of the atmosphere with seemingly devastating effects.

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The US-China Trade War: Selected Stories

8 August 2019 — Global Research

“On a Scale of 1-10, It’s an 11” – Wall Street Reacts to China’s Retaliation

By Zero Hedge

One day after China finally snapped, and demonstratively refused to intervene and keep the CNH above 7.00 vs the dollar, escalating the trade war into a currency war, stocks are tumbling and Wall Street analysts – all of whom had been bullish until now – are scrambling to adjust their narrative. Read more…

Trade War: China Suspends Purchases of US Agricultural Products

By Telesur

China’s Commerce Ministry announced Tuesday that the Asian country will suspend the purchase of U.S. agricultural goods in response to the recent announcement that the President Donald Trump administration will increase tariffs to Chinese exports. Read more…
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Names and Locations of the Top 100 People Killing the Planet

The Decolonial Atlas

“The earth is not dying, it is being killed, and those who are killing it have names and addresses.” – Utah Phillips

Just 100 companies are responsible for more than 70% of the world’s greenhouse gas emissions since 1988. The guys who run those companies – and they are mostly guys – have gotten rich on the backs of literally all life on Earth. Their business model relies on the destruction of the only home humanity has ever known. Meanwhile, we misdirect our outrage at our neighbors, friends, and family for using plastic straws or not recycling. If there is anyone who deserves the outrage of all 7.5 billion of us, it’s these 100 people right here. Combined, they control the majority of the world’s mineral rights – the “right” to exploit the remaining unextracted oil, gas, and coal. They need to know that we won’t leave them alone until…

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Shooter Capitalism

6 August 2019 — Anti-Capital

It, it being  capitalism, wears a thousand masks and obscures itself behind a thousand labels.  Called and calling itself at one time or another —laissez-faire, free market, conservative, liberal, neo-conservative, neo-liberal, progressive, neo-progressive, state, enlightened, gangster, welfare, welfare-state, party, non-partisan, crony, democratic, radical, responsible, racketeering, managed, bureaucratic, mercantilist, free-trade, protectionist, enclave, niche, tea-party, libertarian, populist, oligarch, sober, drunkard— it has always been capitalism and the adjectives, modifiers appended before or after are just so much….advertising, teething rings for suckers.

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The Handbook of Karl Marx: profitability, crises and financialisation

6 August 2019 — Michael Roberts Blog

The Oxford Handbook of Karl Marx, edited by Matt Vidal, Tomas Rotta, Tony Smith and Paul Prew, brings together a series of chapters by prominent Marxist scholars covering all aspects Marxist theory, from historical materialism, dialectics, political economy, social reproduction and post-capitalist models.

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What kind of rebellion will save humanity from extinction?

6 August 2019 — Climate & Capitalism

The real power of mass civil disobedience is not its ability to shock the powerful into listening, but rather its potential to draw masses of people into action.

Pip Hinman is a a leader of the Socialist Alliance in Sydney, Australia, and a founding member of Stop Coal Seam Gas Sydney.


by Pip Hinman
Green Left Weekly, August 2, 2019

We live in a dystopian age. Governments have known since at least the mid-’90s about the potentially devastating impact of human-induced climate change. But for the most part they have either disputed and denied this, or pretended to be responding to scientists’ findings.

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Climate Change is Class War by Jodi Dean

6 August 2019 — Liberation

Contemporary capitalism presents a direct threat to the survival of most of the world’s species: climate change. The global capitalist economy is anchored in fossil fuels. Burning these fuels releases warming gasses into the atmosphere where they accumulate over time, raising the earth’s temperature. The rising temperatures have significant effects. For example, melting glaciers and polar ice caps lead to rising sea levels. Changes in air and ocean temperatures impact weather patterns, which leads to droughts in some places and floods in others.

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LEAKED: UK’s new trade secretary met with US pressure groups to discuss weakening regulations

6 August 2019 — True Publica

LEAKED: UK’s new trade secretary met with US pressure groups to discuss weakening regulations

In ‘off the record’ meetings last September, Liz Truss sought lessons from Donald Trump’s radical program of deregulation and tax cuts. The new international trade secretary, Liz Truss, met with hard-right pressure groups in Washington DC last year to learn about the benefits of Donald Trump’s deregulatory agenda, according to official documents obtained by Unearthed.

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China’s Yuan Breaks the 7 to $1 Band–The Global Currency War Has Begun

5 August 2019 — Jack Rasmus

Over this weekend, China’s Yuan currency broke out of its band and devalued to more than 7 to $1. At the same time China announced it would not purchase more US agricultural goods. The Trump-US Neocon trade strategy has just imploded. As this writer has been predicting, the threshold has now been passed, from a tariff-trade war to a broader economic war between the US and China where other tactics and measures are now being implemented.

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A life costs £10,000: how G4S’ Brook House detention contract works

4 August 2019 — Corporate Watch

In 2017, security company G4S was in the headlines again after the Panorama TV programme exposed new revelations of brutality in Brook House, one of two immigration detention centres the company runs for the Home Office. Two years later, the National Audit Office has published a report on G4S’ contract to run the centre.

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