The decline in US GDP reported for the first quarter is not a big deal, and it is very possible that it will be reversed when the data is revised over the next two months. But it is the wrong direction. If Donald Trump envisions that we will surpass China and retake the leadership as the world’s dominant economy, we are so far going the wrong way.
Geopolitics
PAME Greece International: ARMS Shipment to Israel Blocked by Workers of Piraeus!
Late last night the COSCO Dockers Union in Piraeus Port, ENEDEP, alerted its members and the unions of the area that a container transferring bullets to Israel was to arrive in Piraeus port so as […]
Geopolitics
Jonathon Shafi – Israel Can’t Do This for Much Longer
A well argued case that Israel is heading towards long-term isolation and is increasingly a liability for American imperial power. In Jacobin. Read the article HERE.
Economics
Bill Mitchell: When ‘new’ is really old and doesn’t get us very far – latest BIS paper
Plus ça change, plus c’est la même chose Read here
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