In spite of China’s extraordinarily high investment levels, domestic savings nonetheless exceed domestic investment by quite a lot, making it a large net exporter of capital.
Economics
Bill Mitchell: Has global trade peaked?
“I doubt, however, we have reached peak trade. There is massive potential in the poorer nations. Whether that will be realised is yet to be determined. And what impact climate change will have on the […]
Geopolitics
BNN: German Frigate ‘Hessen’ Mistakenly Targets US Drone Over Red Sea: Military Misfire Raises Concerns
This is the perrect metaphor for Germany and its military. First the incorrectly identified a US drone and tried to shoot it down. Since its missiles misfired they fell into the sea. It appears that […]
Corruption
Chris Hedges: The Treason of the Ruling Class
They have destroyed our capitalist democracy and replaced it with a mafia state. Read here
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