Tag Archives: Economy

Debt and inflation destroy civilization

Posted on October 30, 2020 by edwinlt

From VoxDay: http://voxday.blogspot.com/2020/10/what-ails-usa.html This happens when every currency that is printed have interest on it plus easy money lending….it causes people to pay more interests (dispersed in the system by form of increasing price asset). By such trend, there is … Continue reading →

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Coronavirus and debt jubilee

Posted on April 3, 2020 by edwinlt

From Washington Post: https://www.washingtonpost.com/opinions/2020/03/21/debt-jubilee-is-only-way-avoid-depression/ Even before the novel coronavirus appeared, many American families were falling behind on student loans, auto loans, credit cards and other payments. America’s debt overhead was pricing its labor and industry out of world markets. A debt crisis … Continue reading →

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Usury destroyed the middle class

Posted on December 17, 2019 by edwinlt

Article from Vox Day: https://www.unz.com/proberts/neoliberal-economics-destroyed-the-economy-and-the-middle-class/ Neoliberal Economics Destroyed the Economy and the Middle Class According to official US government economic data, the US economy has been growing for 10.5 years since June of 2009. The reason that the US government … Continue reading →

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Technological ‘progress’ means environmental regress

Posted on November 26, 2019 by edwinlt

This is why you should not listen and follow blindly successful CEO or businessman. We need to analyse what is the sacrifice of their success – is it more important than the success itself? From Zero Hedge: https://www.zerohedge.com/markets/darn-inconvenient-apple-destroying-planet-maximize-profits Darn, This … Continue reading →

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Money burning unicorns

Posted on November 17, 2019 by edwinlt

Yeah, taxi companies have to count for cost of gasoline, compliance to regulation, maintenance, etc, etc, whereas those ‘startup’ capturing market share by pumping trillions of dollars of investment fund – losing money like crazy – how does it even … Continue reading →

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