Workers’ living standards have declined by more than 8% in the Ukraine since the fascists took power in 2014: That is, the national income share of the lowest quintile of the population (mainly composed of wage workers) in proportion to the richest quintile (Q5/Q1), declined more than 8% from 2014 [...]
Spending on construction projects for manufacturing plants in the US has almost doubled over the past year in real dollars, reports the US Treasury Department (see Figure 1).[1] It appears that the US may be returning to an emphasis on manufacturing. Treasury says, “The boom is principally driven by construction [...]
Finance Capital’s Looting And Wrecking Of The World Economy Careening down narrow mountain roads, you are a passenger in a vehicle driven by a madman whose every move brings you closer to disaster. That’s the West’s economy and its stewards in a nutshell. Maybe collapse will be avoided by the [...]