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Paul Craig Roberts and Michael Hudson – Russia’s Weakness Is Its Economic Policy

According to various reports, the Russian government is reconsidering the neoliberal policy that has served Russia so badly since the collapse of the Soviet Union.  If Russia had adopted an intelligent economic policy, Russia’s economy would be far ahead of where it stands today.  It would have avoided most of the capital flight to the West by relying on self-finance. …

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PEPE ESCOBAR – The Empire of Chaos Strikes Back

Soon after the impeachment motion against President Dilma Rousseff was approved in the Brazilian Congress by what I chose to call Hybrid War hyenas, President-in-Waiting Michel «Brutus» Temer, one of the coup’s articulators, dispatched a senator to Washington as special paperboy to deliver the news on the coup in progress. The senator in question was not on an official mission for …

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Ivana Kottasova and Alanna Petroff – Putin prepares Russia for massive privatization drive

Russia’s economic crisis is so bad that President Vladimir Putin is now hoping to sell stakes in some of the nation’s most prized businesses to raise money. Putin discussed the privatization plans with officials on Monday, saying the sales should be made quickly but not at “bargain basement prices,” according to a government statement. Strategically important companies should not be up for …

Anti-Russian sanctions hurt Europe harder than expected, threaten 2.5mn jobs – study

The sanctions imposed by the EU against Russia and Moscow’s retaliation would cost Europeans 100 billion euros in economic development and jeopardize up to 2.5 million jobs, a new study said. The EU imposed the sanctions against Russia over the Ukrainian political crisis, targeting access to foreign credits and oil and gas industry. Moscow responded with countersanctions that hit European …

Russia, China and the Battle Against Dollar Hegemony by MICHAEL HUDSON and THE SAKER

The Saker: We hear that the Ukraine will have to declare a default, but that it will probably be a “technical” default as opposed to an official one. Some say that the decision of the Rada to allow Iatseniuk to chose whom to pay is already such a “technical default”. Is there such thing as a “technical default” and, if …

War Threat Rises As Economy Declines – Paul Craig Roberts

The defining events of our time are the collapse of the Soviet Union, 9/11, jobs offshoring, and financial deregulation. In these events we find the basis of our foreign policy problems and our economic problems. The United States has always had a good opinion of itself, but with the Soviet collapse self-satisfaction reached new heights. We became the exceptional people, …

nuclear war

The US is Pushing The World Towards Nuclear War

NATO countries are to all intents and purposes at war with Russia. The US knows it and Russia knows it too. Unfortunately, most of those living in NATO countries remain blissfully ignorant of this fact. The US initiated economic sanctions against Russia, has attacked its currency and has manipulated oil prices to devastate the Russian economy. It was behind the …