France’s President Macron, a former banker, warned "we are living the end of what could have seemed an era of abundance."
Western wars and sanctions are boomeranging back at home.
I discussed why and how the neoliberal phase of capitalism is collapsing:
youtube.com
Western wars and sanctions are boomeranging back at home.
I discussed why and how the neoliberal phase of capitalism is collapsing:
youtube.com
Neoliberalism has lost the key pillars it was built on:
-cheap energy and raw materials from Russia
-cheap labor and consumer goods from China
-bubble of household debt
-low to zero interest rates
-regime change anywhere that has a state-led economic model
multipolarista.com
-cheap energy and raw materials from Russia
-cheap labor and consumer goods from China
-bubble of household debt
-low to zero interest rates
-regime change anywhere that has a state-led economic model
multipolarista.com
When France's rightwing banker President Macron announced the "end of abundance," the CGT union leader replied, "For many French people times are already hard"
Meanwhile French corporations are making record profits. Their dividend payout rose 33% in 2022
Meanwhile French corporations are making record profits. Their dividend payout rose 33% in 2022
Europe is destroying its own economy in a failing attempt to destroy Russia's economy.
Small businesses across Europe, even some large corporations, will go bankrupt as energy bills skyrocket by 10 times.
This restaurant's bill rose from £2928 to £22,516
Small businesses across Europe, even some large corporations, will go bankrupt as energy bills skyrocket by 10 times.
This restaurant's bill rose from £2928 to £22,516
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