The recent signing of Germany’s first raw materials partnership agreement heralds a new era in the country’s raw materials policy. In the last few years competition has intensified significantly at the international level. The new strategy opens up business opportunities and promises a more stable supply of raw materials.
To secure its privileges and tax favoritism, the financial sector opposes government power to tax or regulate. Fighting under the banner of “free markets,” it is now fighting to centralize economic planning power in Wall Street, the City of London and other financial centers.
It is just a matter of time before these possibly catastrophic debt chasms erupt into full view.
We need to dump the flat-earth theories promising that economic and financial outcomes can be planned with a high degree of certainty and need to look at other theories that accept the limits of our knowledge about the future. A revival of Austrian economics could be a good start for such a research programme.
A conversation with Hernando de Soto that explores the truths that the most serious economic crisis in the Western world is revealing about the free market capitalist system.
The bad news for investors pursuing positive real returns is obvious: the first half of 2011 was painful. The good news is that a set of conditions now exist that we think sets the stage for meaningful structural change… and it may occur soon.
Financial strategists do not intend to let today’s debt crisis go to waste. The basic model follows the former Soviet Union’s post-1991 neoliberal reforms: privatization of public enterprises, a high flat tax on labor but only nominal taxes on real estate and finance, and deregulation of the economy’s prices, working conditions and credit terms.
Es necesario contemplar la situación mundial y urgir que se adopten con rapidez las medidas oportunas, sabiendo que no se puede salir airoso localmente de situaciones que afectan al conjunto de la humanidad.
«Saving the euro» is a euphemism for governments saving the financial class – and with it a debt dynamic that is nearing its end regardless of what they do.
I’m seeing signs that the world is moving back to gold at a breakneck speed.
Interview with Saskia Sassen, one of the world’s leading theorists on globalization.
Entrevista en profundidad con Saskia Sassen, una de las teoristas más importantes del mundo sobre globalización y migración.