Thursday, 6 October 2022 — The Cradle
The geoeconomic pathway away from the neoliberal order is fraught with peril, but the rewards in establishing an alternative system are as promising as they are urgent
By Pepe Escobar
Tag: Euro
The Dollar Devours the Euro
Monday, 18 April 2022 — Orinoco Tribune
By Michael Hudson
It is now clear that today’s escalation of the New Cold War was planned over a year ago. America’s plan to block Nord Stream 2 was really part of its strategy to block Western Europe (“NATO”) from seeking prosperity by mutual trade and investment with China and Russia.
EU/Germany parting of the ways?
12 February, 2021 — The Saker
By Francis Lee for the Saker Blog
From its inception the European Union was an ambitious strategy to build an economic bloc which would serve as a counter-weight to the US’s global economic dominance. (1) One of the primary conditions of this overall construction involved the creation of a single strong currency, the euro, that could become the rival to the US$. This was not just a political question, it also involved financial, economic and possibly even geopolitical dimensions. The Germans in particular were involved in the EU blueprint ever since the initial Treaty of Rome or EEC Treaty, as it was called, brought about the creation of the European Economic Community (the EEC). The treaty was signed on 25 March 1957 by Belgium, France, Italy, Luxembourg, the Netherlands and (West) Germany, and it came into force on 1 January 1958. At the outset Germany was on board the launch and prepared to give up her much beloved Deutschmark (DM) in order to eventually adopt the euro. A European super-state was envisioned complete with its own currency and act as a counterweight to the US Leviathan.
Continue reading
Italian debt crisis haunts Europe By Fiona Lali
13 November 2018 — In Defence of Marxism
A crunch point is approaching in the ongoing saga surrounding the highly-indebted Italian economy. This could spark a revival of the dormant euro crisis.
What a Difference a Year Makes By S. Artesian
16 July 2015 — The Wolf Report: Nonconfidential analysis for the anti-investor
What a Difference a Year Makes
Mix and Match
2014
“This is not our Europe. This is only the Europe we want to change. In place of a Europe of fear of unemployment, disability, old-age and poverty; in the place of the current Europe that redistributes income to the rich and fear to the poor; in place of a Europe in the service of bankers’ needs, we want a Europe in the service of human needs.”
More than Twice, Less than Zero By S. Artesian
1 July 2015 — The Wolf Report: Nonconfidential analysis for the anti-investor
We all know what Marx said Hegel forgot. We don’t know what Marx would have said about the third time, or the fourth time, or the nth time. And not just about historic personages; but about political parties, social “programs,” about all the pathetic spectacle than makes up “revolutionary democratic socialism,” “radical political economy,” the attempt to put a “human face” on capitalism.
Now Playing, Limited Engagement, at the Odeon: Slick Alexis in “Illegal Illegitimate Odious”
27 June 2015 — The Wolf Report: Nonconfidential analysis for the anti-investor
Now Playing, Limited Engagement, at the Odeon: Slick Alexis in “Illegal Illegitimate Odious”
–Hey Yanni, Wanna see me pull a rabbit out of my hat?
–Again? Continue reading
–Again? Continue reading
Reasons To Be Uncheerful By S. Artesian
19 June 2015 — The Wolf Report: Nonconfidential analysis for the anti-investor
Three months ago, the Hellenic Parliament in Greece decided to establish the Truth Committee on the Public Debt to examine the origin of the accumulation of that negative value, of capital’s anti-matter called debt, that has, pretty much, sucked Greece into a black hole.
Different Boy, Same Game By S. Artesian
27 April 2015 — The Wolf Report: Nonconfidential analysis for the anti-investor
Here’s the thing about history: it always, but always, out-goofs me. I mean I’ve been known to use hyperbole, satire, spoof, sarcasm, exaggeration, and near-drunk hallucination to illuminate the macabre humor, the grinning madness that is the result of, and circulates with value production, but I’m an amateur, a naïf, when compared to what capitalism and its attenuated attendants come up with, and come up with constantly, and with straight faces…unlike me. Example, you ask? Example you get. There’s this gem, this perfect, this flawless, this naïf story:
Syriza’s Only Choice: A Radical Step Forward By Spyros Lapatsioras, John Milios, and Dimitris P. Sotiropoulos
11 March 2015 — The Socialist Project
1. Introduction
The transitional “bridge Agreement” of the 20th of February is a truce intended by the Greek government and welcomed by the other side (the European “institutions”). Within the truce period (the next four months), the conditions for negotiating the next agreement will be shaped. This could mean that everything is still open. However, that is not true for two reasons. First, the very transitional agreement changes the balance of power. Second, the “hostilities” will continue in the course of the next four months (i.e. the review of the commitments and the re-interpretation of the terms by each party).
Greece: GameBoy at the PlayStation By S. Artesian
9 February 2015 — The Wolf Report: Nonconfidential analysis for the anti-investor
1. Road Trip
All dressed up in his Roy Batty best, the new finance minister of Greece, Yanis “GameBoy” Varoufakis was on the road. Laptop, Ipad, and PlayStation all synched, linked, and tethered, he was a man in full in that great digital daisy chain of bankers, academics, politicians. and entertainers. Continue reading
The Looting Of Ukraine Has Begun By Paul Craig Roberts
7 March 2014 — williambowles.info
According to a report in Kommersant-Ukraine, the finance ministry of Washington’s stooges in Kiev who are pretending to be a government has prepared an economic austerity plan that will cut Ukrainian pensions from $160 to $80 so that Western bankers who lent money to Ukraine can be repaid at the expense of Ukraine’s poor. It is Greece all over again. Continue reading
Ukraine: “Go West, Young Man” By Jeffrey Sommers & Michael Hudson
1 March 2014 — Michael Hudson
As first published on Truth Out
“Let them loot.” That is the demand of the West when its NGO subsidiaries firebomb government buildings, murder policemen and loot the arms depots of military forts. Kiev is the equivalent of Kosovo as a Slavic city-of-origin. Are we seeing a replay?
NATO’s Worldwide Expansion in the Post-Cold World Era
12 October 2013 — Stop NATO
NATO’s Worldwide Expansion in the Post-Cold World Era Rick Rozoff
One of the most significant developments of the post-Cold War era, and certainly the most ominous, is the transformation of the North Atlantic Treaty Organization (NATO), a military bloc created by the United States during the genesis of the Cold War in 1949, into one that has grown to encompass the entirety of Europe, has expanded military partnerships throughout the world and has waged war on three continents.
Book Review: One Eye on the Red Horizon – The Condition of Communism By Joseph G. Ramsey
22 July 2013 — Dissident Voice
The eye-grabbing cover of Jodi Dean’s The Communist Horizon (Verso, 2012) depicts what could be the dawn of a new day. A red sun, half in view, arcs across the volume’s bottom edge. From this solid red spot, dozens of thin but widening beams fan out; crossing the background, the sunlight splits the sky itself into stripes of red and white.
NATO’s Worldwide Expansion in the Post-Cold World Era By Rick Rozoff
27 April 2013 — Global Research
One of the most significant developments of the post-Cold War era, and certainly the most ominous, is the transformation of the North Atlantic Treaty Organization (NATO), a military bloc created by the United States during the genesis of the Cold War in 1949, into one that has grown to encompass the entirety of Europe, has expanded military partnerships throughout the world and has waged war on three continents.
The Coming Imperial Implosion in the Arab World By Glen Ford
23 January 2013 — Black Agenda Report
The Coming Imperial Implosion in the Arab World
A Black Agenda Radio commentary by executive editor Glen Ford
“Although the NATO powers account for about 70 percent of total worldwide arms spending, they are by no means fully in charge of their own offensive in North Africa and the Middle East.”
NATO: Delivering Death Since 1949 By Mahdi Darius Nazemroaya
29 January, 2013 — Global Research
The world is enveloped in a blanket of perpetual conflict. Invasions, occupation, illicit sanctions, and regime change have become currencies and orders of the day. One organization – the North Atlantic Treaty Organization (NATO) – is repeatedly, and very controversially, involved in some form or another in many of these conflicts led by the US and its allies. Continue reading
France and the U.S. Play Tag-Team in Africa By Glen Ford
16 January 2013 — Black Agenda Report
A Black Agenda Radio commentary by Glen Ford
The United States and France, once thought of as imperial competitors, act as military tag team partners in Africa. France puffed up like a hyper-aggressive peacock in the assault on Libya, and now strikes unilaterally against Islamists in Mali. But the junior imperialist’s brashness comes with the confidence that the superpower has its back.
Zbigniew Brzezinski as a mirror of American devolution (I) By Dimitri Minin
29 December 2012 — Strategic Culture Foundation
A Thirty year plan accomplished in fifteen years
The passing of 2012, among other things, was marked by a publication of fundamental importance, in terms of understanding the processes occurring in the world and the U.S., the book by Zbigniew Brzezinski «Strategic Vision: America and the Crisis of Global Power» (1). Continue reading
The New Dark Age 