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.
Economics
CNN: Pound plummets to all-time low against dollar
Even the markets cannot oversee the Tory plundering of Britain and the consequences it will have. Read Here
Economics
Chris Dillow: THE POLITICS OF DEBT FETISHISM
Politics is dominated by a “lumpen intelligentsia”: “earnest types who enthuse about ideas, simplify them and believe fervently that their crude and wholesale application will solve complex social problems.” Read here
Economics
Chris Dillow: The decline of the impartial spectator
Chris Dillow describes the elite that is determining our lives – and our destruction. Read here
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