Capitalist crisis
Dollar dominoes
Will Washington’s seizure of $300 billion Russian assets end domination of dollar as global currency? On Feb. 26, the U.S. blocked Russia’s access to over $300 billion in foreign reserves held in banks in the […]
Author: Gary Wilson
Capitalist crisis
Washington’s economic war on Russia (and Germany)
In February, President Joe Biden made it clear that the U.S./NATO military escalation in Europe was not about Ukraine. Since taking office in 2021, President Biden has been more focused on Germany and Russia, in […]
U.S. / NATO war
NATO military expansion to target Russia and China, says top official
As the U.S. and its NATO satellites flood weapons into Ukraine, NATO is being “transformed” into a fighting force capable of direct wars on Russia and China, says NATO General-Secretary Jens Stoltenberg. NATO formally launched […]
U.S. / NATO war
Do you know what’s happening in Ukraine? The media lies
The first casualty of war is truth. To that could be added: Propaganda is the first weapon used in war. The U.S. military-industrial-media complex is working overtime on Ukraine. Unreported or hidden by the U.S. […]
U.S. / NATO war
Is Russia imperialist?
For socialists, the fundamental understanding of imperialism goes back to World War I and is found in the pamphlet written by V.I. Lenin, “Imperialism, the Highest Stage of Capitalism.” Imperialism is not a policy chosen […]
Capitalist crisis
Biden gives Big Oil a win, gas prices going up
On Feb. 22, President Joe Biden announced new sanctions on Russia and on the company that built Nord Stream 2 and its German CEO. These sanctions will mean higher gas prices in the U.S. as […]
Capitalist crisis
In response to capitalist economic turmoil, war funding soars
Wall Street and the stock market have been like a roller coaster. On Jan. 24, stocks were falling, with the S&P 500 Index down 3.8%, the Dow Industrial Average down 2.7% and the Nasdaq Composite […]
In the U.S.
Workers organize and strike to fight pandemic and capitalist inflation
The COVID-19 pandemic continues as the new year begins, spreading faster with the Omicron variant. Average daily infections in the U.S. are over 500,000. Total deaths are approaching 1 million. The coronavirus is now the […]
China
Biden targets China: Turning Taiwan into a military outpost
The Guardian reports that U.S. Secretary of State Antony Blinken threatened a U.S. military buildup in Taiwan in a “side meeting” at the G20 summit in Rome on Oct. 31. The Guardian added that Blinken’s […]
In the U.S.
New York Times on cybersecurity: More like war propaganda
The New York Times loves “dog bites man” stories, especially if they can say that the dog might be named Russia. In journalism, you may have heard, if a dog bites a man that’s nothing; […]