The United States is no longer a reliable country. For some, this is nothing new. The Iraq War, launched in 2003 – resulting in over 100,000 deaths, lasting regional destabilization, and the return of Russian influence – had already shown the world the wrondoings of American military hubris. But the current crisis is new because it challenges the very core of the country’s economic, financial, and political power. The US appears disoriented, led by an unstable and erratic leader with no democratic counterweight.
Finance
Paolo Gerbaudo – Global BYD
‘Amid the intensifying retreat of American hegemony, an alternative geo-economic and geopolitical arrangement is coming into view: a battery-powered globalization with Chinese characteristics. Chinese EV manufacturer has recently raced ahead of Tesla in global EV […]
Economics
German Foreign Policy: Power Struggles Behind the Front
An increasing number of German companies expand their presence in the USA – at the growing expense of German production sites. US reindustrialization goes hand in hand with Germany’s deindustrialization. Read Here
EU politics
Michael Roberts – Greece: on parole
Today Greece officially came out of the strait jacket of the so-called Troika bailout programme. Outside of Syriza, probably no one in Greece will be celebrating Read here
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