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Economist Michael Hudson on inflation and Fed plan to cut wages: A depression is coming Transcript: BENJAMIN NORTON: Hey, everyone, this is Ben Norton, and you are watching or listening to the Multipolarista podcast. I am always privileged to be joined by one of my favorite guests, Michael Hudson, one of the greatest economists living today. We’re going to be talking about the inflation crisis. This is a crisis around
By Guilherme Wilbert for the Saker Blog One of the great post-World War II myths, which is repeated like a mantra by starched college students with a syndrome of embracing all the causes of the world, is that the Soviet Union was built on the strength of the people and remained so during the years when it was a de facto country, but this could not be further from reality.
The war reporter Andrey Rudenko is in Azovstal bomb shelter, talking about the separate place for (may be killed) mercenaries bodies. BitChute embedding powered by embed.tube
Sweden and Finland joining NATO besides being a provocative act towards Russia, precedes an inevitable financial collapse of the current international system By Guilherme Wilbert for the Saker Blog The Nordic entry into NATO, in the middle of a war, is clearly an act that does not help the peace negotiations that could be underway, but acts as the opposite, putting more wood on the fire for “military-technical” measures (to
The west is nostalgically caught up with outdated ‘containment’ policies, this time against Global South integration. Unfortunately for them, the rest of the world is moving on, together. By Pepe Escobar, posted with the author’s permission and cross-posted with The Cradle Once upon a time, there existed an Iron Curtain which divided the continent of Europe. Coined by former British Prime Minister Winston Churchill, the term was in reference to
By Guilherme Wilbert for the Saker Blog Russian Foreign Minister Sergey Lavrov stated on 06/24/2022 that the European Union and NATO appear to be carrying out a military coalition for a war against Russia. The statement was given in Baku in Azerbaijan during an interview. “They are creating a new coalition for fighting, that is, for war with Russia. We will follow this very closely,” the Minister rightly declared, because
by Batko Milacic for the Saker Blog On 24 February 2022, Russia started special military operation in the Ukraine. The main goals of the special operation was the denazification and demilitarization of Ukraine and the liberation of the Luhansk and Donetsk People’s Republics. After the far-right coup sponsored by US in Kyiv back in 2014 which resulted in overthrew of the pro-Russian President Viktor Yanukovych there was a revolt of
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By Batiushka for The Saker Blog ‘The next war in Europe will be between Russia and Fascism, except that Fascism will be called Democracy.’ Fidel Castro, c. 1992 Introduction Europe is a serial suicide. The first attempt began in Sarajevo in 1914 and finished in Versailles in 1919. The second began a generation later in Warsaw in 1939 and ended in Berlin in 1945. Having very nearly succeeded at
by Ramin Mazaheri for The Saker blog If we say that the Yellow Vests are not socialist revolutionaries even latently, then what are they protesting about? To put it the most simply: they are protesting the end of European Social Democracy, with the limited protections it provided. (This is the seventeenth chapter in a new book, France’s Yellow Vests: Western Repression of the West’s Best Values. Please click here for
by the Saker Staff for the Saker Blog Wow, too much information out there in addition to the world happenings. Today and tomorrow we have the G7 in Germany and NATO on June 29-30 in Madrid. Various threats will surface from these two meetings as well as childish foot-stomping and brave statements on steriods. Mr Lavrov’s short statement has relevance: ‘We have few illusions that EU’s Russophobic policies will change’
by Ramin Mazaheri and cross-posted with PressTV Part 1 discussed how a “hung parliament” isn’t going to happen in France. President Emmanuel Macron won enough seats and can find plenty of allies among the mainstream conservatives, as well as the Socialist Party and Green Party. Thus, on all issues involving far-right economics, neoliberalism and the pan-European project Macron will proceed without parliamentary difficulty. Part 1 ended with my pointing out
There is a concerted effort by the Western powers to contain the spread of Chinese and to prevent China from teaching Mandarin in the West By Thorsten J. Pattberg for the Saker Blog Much of the global media attention is on the sabotaging of everything ‘Russian’ in the West. However, at the same time there is a concerted Western attack on everything ‘Chinese’. The UK now is basically saying: ‘Chinese’
By Batiushka for the Saker Blog 1. Errors I do apologise for the rare error which comes from not checking the text enough times. For example, Kuleba is of course the Ukrainian Foreign Minister, not the Minister of the Interior. Thank you, readers, for any factual corrections! 2. Why did the Russian Revolution happen, if everything was going so well before 1917? There never was a Revolution. It is a
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By Guilherme Wilbert for the Saker Blog Since the beginning of Operation Z in Ukraine, unfortunately interpreted as an invasion or an occupation of Ukrainian territory by the Russians, realpolitik has accelerated integration among economic blocs of emerging countries, with several speeches by BRICS regional leaders speaking openly about the weight of emerging economies in global economic development. The last BRICS meeting on 06/23, with open criticism of western sanctions
by Ramin Mazaheri and cross-posted with PressTV France’s election season finally got interesting, but only marginally. Even though his brutal repression of the Yellow Vests should disqualify him from being a public servant ever again, Emmanuel Macron was re-elected president, incredibly. However, he has finally been reprimanded at the voting booth – his parliamentary coalition just lost its absolute majority. The Yellow Vests can claim wresting yet another concession. Unfortunately
by Jorge Vilches for the Saker Blog German Economy Minister Robert Habeck is now getting very cold feet because the strategy of madly firehosing the excellent oil & gas sourcing that Europe had with Russia until recently to his personal dismay is now fully defeating both the EU´s purpose and Germany´s needs. Ref #1 https://www.rt.com/business/557729-gas-shortage-industry-halt-germany/ So the plan seems to be to steal yet more per Ref #2 https://www.rt.com/business/557731-germany-seeking-nationalize-nord-stream2/ Still,
