The unprovoked Russian invasion of Ukraine has exposed the folly, peril, and incoherence of 21st Century Globalism. Unlike the economic globalism of the 19th and early 20th centuries that focused on the concept of free trade of goods for goods, this iteration can be characterized by allegiance to irrational environmentalism and the creation of elitist global institutions determined to mold mankind and impose regimentation on countries and their populations to ostensibly “save the planet.”
How Russia’s invasion of Ukraine could hasten the demise of the US-led economic order.
The economic consequences of Russia’s bloody and despicable assault on Ukraine are very much a secondary consideration to the immediate human and geopolitical implications. And since the various national responses to the conflict are still so fluid, it is far too early to be able to identify the war’s precise longer-term economic effects. Nevertheless, it is possible to tentatively suggest what could unfold on the international economic front.
At least in the short term, the direct and indirect disruptions to economic relations arising from the invasion will almost certainly damage prospects for economic growth and boost inflation far beyond the combatant countries. In particular, the relative toughening of sanctions will generate economic difficulties in many areas beyond Russia itself.
Global banking system faces split as Russians turn to Chinese
Nissan and Levi have become the latest major brands to join the Great Cancellation of Vladimir Putin’s Russia – as Visa and Mastercard also pulled out of the country along with Netflix and TikTok.
… It comes as the global financial system looks set to split in two as Moscow turns to a Chinese payments system as a substitute for Visa and Mastercard.
‘DAVOS Man’ is a useful catch-all term to describe the recently emerged globalist ideologue – whether a politician or a captain of industry – associated with belief in a New World Order and encompassing a strange fusion of ‘progressive’ social and environmental views with faith in unbridled capitalism.
The phrase is usually thought to be the creation of American political scientist Samuel P Huntington in 2004. This was long before German economist Klaus Schwab – founder of the World Economic Forum, based in Davos, Switzerland – became well known.
Rich people and rich corporations including international banks rule the world and their primary goal is to make money the monopolistic capitalist way. Their ideology is not necessarily fascist or communist but most power-hungry oligarch tyrants basically prefer a one party system which has been corrupted by money. In China about 50 families own all the important wealth in the country, but almost all are members of one party, the CCP. In the United States many corporate oligarchs are neither fascist nor communist in their ideology but believe in controlling a one-party system which today seems to be the Democrat party.
Human activity is changing the Earth’s climate in ways “unprecedented” in thousands or hundreds of thousands of years, with some of the changes now inevitable and “irreversible”, climate scientists have warned.
Within the next two decades, temperatures are likely to rise by more than 1.5C above pre-industrial levels, breaching the ambition of the 2015 Paris climate agreement, and bringing widespread devastation and extreme weather.
Only rapid and drastic reductions in greenhouse gases in this decade can prevent such climate breakdown, with every fraction of a degree of further heating likely to compound the accelerating effects, according to the International Panel on Climate Change, the world’s leading authority on climate science.
We’re already dead!
Analysis: A surprising new book illustrates the distortions that occur when a city’s housing becomes a prime destination for the global rich.
The torrent of foreign capital pouring into housing in desirable cities around the world is contorting how they physically look and how residents relate to each other, says an exceptional new book by Prof. Matthew Soules of the UBC school of architecture.
New York, London, Vancouver and Toronto top the list of cities most sought after by the world’s rich — who own an average of three homes each for their personal use, Soules writes in Icebergs, Zombies and the Ultra-Thin: Architecture and Capitalism in the Twenty-First Century.
On the latest episode of The Gunn Show, Sheila was joined by groundwater scientist and prolific author Dr. Jay Lehr to talk about climate change and global governance.
A host of progressive foreign policy groups has delivered 100 résumés to the Biden transition team in a move intended to pressure the incoming administration to include voices outside the mainstream of American foreign policy.
The list, obtained by the Washington Free Beacon, includes a dozen scholars from the Quincy Institute for Responsible Statecraft, the think tank bankrolled by Charles Koch and George Soros.
Decades of offshoring have decimated American manufacturing. One baseball glove factory remains to preserve a community and a culture.
Baseball may be America’s pastime, but in Nocona, Texas, it’s a way of life. That’s a common refrain in small-town America, but here of all places it’s true. Noconans craft their identity on more than ephemeral high school seasons or the glory of a former star. Known as the “Leather Goods Center of the Southwest,” generations of its residents have worked at Nokona, the eponymous company that’s made baseball gloves in the city for nearly a century. Yet behind the craftsmanship and storied legacy, Noconans like Kim York recognize the somber truth: Nokona is the last glovemaker in America. “It still really shocks me,” York said. “We think about it all the time.”
