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kuchinster@hub.hubzilla.de
kuchinster

About American exceptionalism

How ‘the mother of all bubbles’ will pop

But every hero has a fatal flaw. America’s is its sharply increasing addiction to government debt. My calculations suggest it now takes nearly $2 of new government debt to generate an additional $1 of US GDP growth — a 50 per cent increase on just five years ago. If any other country were spending this way, investors would be fleeing, but for now, they think America can get away with anything, as the world’s leading economy and issuer of the reserve currency.

https://www.ft.com/content/9a0da0d6-92b4-4034-ac25-7b4abcbb0bbe

#USA #US #american #economics #bubble-economy #finance #crisis #future in #poverty

Arrogance always faces punishment.

How ‘the mother of all bubbles’ will pop

It’s time to bet against American exceptionalism

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anonymiss@despora.de
anonymiss

Former #FBI informant pleads #guilty to fabricating #Biden claims

source: https://thehill.com/homenews/administration/5042424-ex-informant-pleads-guilty-federal-charges/

#Smirnov had relayed to the FBI that the head of the Ukrainian #energy #company #Burisma told him he had paid both #President Biden and his son #HunterBiden $5 million. The claims were false but became central to a House #GOP probe of the Bidens.

#crime #conspiracy #politics #fail #justice #corruption #government #Ukraine #usa #economy #finance #money

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anonymiss@despora.de
anonymiss

In #Brussels, announced withdrawal of #Soros #Foundation leaves #NGOs reeling

source: https://www.lemonde.fr/en/international/article/2023/09/13/in-brussels-announced-withdrawal-of-soros-foundation-is-leaving-ngos-dizzy_6133772_4.html

"It was a shock. A total surprise," said Nick #Aiossa, acting director of the European office of #Transparency #International, one of the continent's leading NGOs fighting for the rule of law and against #corruption. At the end of June, the Open #Society Foundation (OSF), founded by #GeorgeSoros, decided to turn its back on 40 years of #investment in civil society in the heart of #Europe and redirect its funding towards #Ukraine, #Moldova, the #Balkans and the plight of the #Roma.

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#eu #politics #help #ngo #finance #money #problem #future #lobby #lobbyism

In Brussels, announced withdrawal of Soros Foundation leaves NGOs reeling

Every year, the Soros Foundation provides over €186 million in funding to a myriad of NGOs in the European Union. The position this private institution occupies in support of civil society is almost unique.

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anonymiss@despora.de
anonymiss

South Korean #parliament votes to defy #president by lifting his declaration of martial law

Source: https://apnews.com/article/south-korea-yoon-martial-law-997c22ac93f6a9bece68454597e577c1

The leader of Yoon’s conservative People Power Party, Han Dong-hoon, called the decision to impose martial law “wrong” and vowed to “stop it with the people.” Lee, who narrowly lost to Yoon in the 2022 presidential election, called Yoon’s announcement “illegal and unconstitutional.”

#politics #military #Democracy #police #protest #korea #news #finance #law #justice

South Korean president declares emergency martial law, accusing opposition of anti-state activities

South Korean President Yoon Suk Yeol has declared an “emergency martial law," accusing the country's opposition of controlling the parliament and paralyzing the government with anti-state activities.

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wazoox@diasp.eu
Emmanuel Florac

Quel pays vit de ses rentes et lequel rachète le monde ? | Alternatives Economiques

#économie #politique #finance #souveraineté

Ce privilège est donc en train de s’éroder. De pays fort, vivant sur l’épargne des autres, l’Hexagone pourrait basculer dans le camp des économies dépendantes du bon vouloir de ses créanciers internationaux. Ce qui, dans le climat actuel de fragilité de ses institutions politiques n’est pas de bon augure.

https://www.alternatives-economiques.fr/pays-vit-de-rentes-lequel-rachete-monde/00112899

Quel pays vit de ses rentes et lequel rachète le monde ?

La France réussit à se financer durablement par le travail et l’épargne des autres pays. Mais ce privilège est en train de s’éroder, tandis que les Etats-Unis demeurent un champion hors catégorie en la matière.

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anonymiss@despora.de
anonymiss

What effect do #sanctions have? The West has been sanctioning North #Korea for 60 years and the country still exists.

Even worse, it has been able to develop nuclear weapons despite sanctions. But the #world has become much more diverse since the end of the Cold #War. With its misguided foreign #policy, the West has failed to bring emerging states such as #India, #Brazil and #SouthAfrica on board. These states are currently doing business with #Russia and #China is doing the rest to keep Russia going.

#economy #politics #Problem #diplomacy #finance #fail #globalization #usa #nato #west

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