There is no doubt that the COVID-19 ‘pandemic’ is accelerating the consolidation of finance and industry across the globe. This is beyond debate now; it’s as obvious as our climbing unemployment and record-levels of business closures – both clear indicators that a real economic depression is underway.
President Recep Tayyip Erdogan promoting the discovery of a major natural gas reserve off Black Sea coast, at the Dolmabahce Palace Presidential Work Office in Istanbul, Turkey on 21 August 2020. (Image Source: TCCB/Murat Çetinmühürdar – Anadolu Agency)
Dr Can Erimtan
21st Century Wire
Capitalism vs Socialism: which mode of economy is better?
In this spirited discussion, host Patrick Bet-David speaks with leftwing academic and economist, Richard Wolff, to discuss the pro’s and cons of socialism, capitalism and running a business in America. Watch:
IMAGE: Woke Hypocrisy: California governor Gavin Newson has single-handedly destroyed the state’s economy in order to appear virtuous and ‘woke’ to a national audience during the COVID crisis, as he prepares his 2024 Presidential run.
Nick Johnson says…
Here’s where everyone’s going and why. It used to be the California Dream. Now, it’s the California nightmare. That was basic.
In case you haven’t heard, a ton of people are fleeing California. You can’t blame them. We’ll get into all the reasons why later, but the overall theme here is – California kinda sucks now.
Ever since the current COVID crisis began, governments were quick to assure the public that there was no need to worry, because the government would be covering everyone’s payroll and handing out cash to business that is struggling as a result of the government-issued lockdown. Governments have also been busy buying corporate bonds and debt too, in order to prop up the stock market and supposedly stave-off a major economic calamity. Well, the catastrophe came alright, but unfortunately – the worst is yet to come.
Have the Australian public been brainwashed and indoctrinated by coronavirus alarmism?
Since the ‘pandemic’ began, there have only been 106 deaths attributed to COVID, and yet the Australian government’s financial outlays have been greater than combined government spending on education, defence, interest on public debt, transport and communication, public order and safety, and housing and community amenities.
According to new figures, the country’s “coronavirus response” will cost approximately 3.3% of GDP this year, and 6.1% next year.
Putting aside for one moment the the debate over the health and safety of 5G networks – it’s becoming clear by Washington’s behavior that these networks are more about government-corporate mass surveillance than it is about providing telecoms services.
Does the welfare system work for minorities in America? Over the long run, has it done more harm than good?
A new low for Washington (as if that was even possible), in its economic and ‘regime change’ war being waged against the countries of Iran and Venezuela.
