Cleaning the Augean Stablecoins

As we have emphasized, Donald Trump’s weak flank is the economy. Faced with the threatened collapse of the financial bubble, which includes derivatives on out-of-control government debt, the Trump team of financial specialists is now planning to create another bubble, which might bring some results in the short (or rather very short) term, but will inevitably deflagrate the entire system. […]

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Artificial Intelligence: China Upstages U.S. Firms

On Monday, January 27, the U.S. stock market suffered a surprise plunge, which highlights the reality of the dilemma facing the Western world today. The financial shock was in response to the news a few days earlier, that the new Chinese artificial intelligence model, DeepSeek, had outperformed the leading American models. And that, at a fraction of the cost and […]

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Britain’s “Prince of Darkness” to Become Ambassador to Washington

Citing two unnamed sources, Politico.eu announced Jan. 28, that the Trump administration had finally accepted the appointment of Lord Peter Mandelson as the United Kingdom’s ambassador to Washington, after the transition team had opposed it. This produced “sighs of relief” in London, commented The Independent. In fact, in a post Dec. 20 on X, President-elect Trump’s 2024 campaign coordinator Chris LaCivita […]

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Israel’s Netanyahu Seeks Yet More Support in Washington

Israeli Prime Minister Benjamin Netanyahu arrived in Washington on Feb. 2 to push his plan for an ethnically cleansed “Greater Israel”, presumably to little or no opposition from his interlocutors. The official agenda of his talks, including with President Trump on the evening of Feb. 4 (our editorial deadline), is focused on the nature of Phase 2 of the ceasefire and […]

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Don’t Fixate on Donald Trump, Work for Real Change!

It’s been just over a week since Donald Trump was inaugurated President of the United States, and in that time, he has managed to kick over the chessboard of geopolitics. That is good, as far as it goes, in that it opens up new possibilities of bringing about a fundamental change in the world order. But it emphatically does not […]

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Cryptocurrency Fantasy Endangers U.S. Treasury Market

Among the executive orders issued on Jan. 23 by President Trump was one which sets up a task force to work on the creation of a “U.S. strategic reserve of cryptocurrency” and which called for protection of the U.S. dollar “including through actions to promote the development and growth of lawful and legitimate dollar-backed stablecoins worldwide”.The order also barred any […]

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