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Mar 15 2023 Daily Chronicles
The Daily Chronicles are snippets of the most important news across the world for this and each day as it rolls in – as such, this thread is non-structured with the latest news on top. This rough theme from the…
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Mar 14 2023 Sergey Glazyev: ‘The road to financial multipolarity will be long and rocky’
In an exclusive interview with The Cradle, Russia’s top macroeconomics strategist criticizes Moscow’s slow pace of financial reform and warns there will be no new global currency without Beijing.
By Pepe Escobar and first posted at The Cradle
The headquarters of the…
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Mar 14 2023 Michael Hudson & Radhika Desai: Dollar contradiction after delinking from gold
Transcript
RADHIKA DESAI: Hi everyone. Welcome to the fifth Geopolitical Economy Hour, the fortnightly show about the political and geopolitical economy of our times. I’m Radhika Desai.
MICHAEL HUDSON: And I’m Michael Hudson.
RADHIKA DESAI: So this is our third and final show…
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Mar 14 2023 Here comes China
Godfree’s Here Comes China newsletter can be subscribed to here.
Editorial
Our Two-track World
Macro analyst Philip Pilkington sees global economic flows forming two tracks: fast for the developing world and slow for us.
China’s inflation is under 2%, the economy is booming, national savings are $9…
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Mar 14 2023 Michael Hudson: Why the Bank Crisis is Not Over (follow-up)
By Michael Hudson at Michael-Hudson.com
Support my work via Patreon
When interest rates rise, bond prices fall (and stock prices tend to follow). However, banks don’t have to mark down the market price of their assets to reflect this declining valuation. They…
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Mar 13 2023 Why the Banking System is Breaking Up
By Michael Hudson at Michael-Hudson.com
Support my work via Patreon
The collapses of Silvergate and Silicon Valley Bank are like icebergs calving off from the Antarctic glacier. The financial analogy to the global warming causing this collapse is the rising temperature of…
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Mar 13 2023 Nasrallah: Israel can be destroyed within 5 years
From our friends at Resistance News
Speech by Hezbollah Secretary General Sayed Hassan Nasrallah on March 10, 2023, mourning the death of Hajj Assad Mahmoud Saghir, a cadre of the ‘Party of God’.
Source : video.moqawama.orgTranslation: resistancenews.org
[… I will say a word…
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Mar 13 2023 Sergey Lavrov’s interview with Channel One
This interview is selected to post because of the explanation of what is happening in Georgia and it is a replay of the Maidan in Ukraine.
10 March 2023 19:02
Foreign Minister Sergey Lavrov’s interview with Channel One’s The Great Game political… -
Mar 12 2023 Daily Chronicles
The Daily Chronicles are snippets of the most important news across the world for this and each day as it rolls in – as such, this thread is non-structured with the latest news on top. The rough theme for this…
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Mar 12 2023 Yemen and Saudi Arabia
This is a very fair layout of the Yemen situation and is posted at The Cradle
It is good to hear that Riyadh wants to exit. But, they also have to repair some of their war damage. Note the tactic…
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Mar 12 2023 Pepe Escobar with Donbass Devushka
A podcast. We are in a hybrid war and Pepe explains why. (He also takes the interviewer to task on more than one occasion which is unlike him).
https://donbassdevushka.locals.com/upost/3659566/donbass-devushka-podcast-pepe-escobar
I like the term ‘full spectrum’ more than ‘hybrid’. Generally, on this full…
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Mar 11 2023 Moveable Multipolarity in Moscow: Ridin’ the ‘Newcoin’ Train
The new currency should be able to become an “external money” storage of capital and reserves down the road, not just a settlement unit.
By Pepe Escobar and first posted at Strategic Culture
Ah, the joys of the Big Circle Line (BKL,…