Experts vouch for decentralised economies, fear totalitarian systems by central banks via digital currencies
“We must prevent the introduction of central bank digital currencies “because that is the epitome of a centralised, controlled, even totalitarian system,” economist Richard Werner has warned. Speaking in a recent episode of The Kim Iversen Show, Prof Werner said the current inflation crisis the world is currently facing is...
How a simple equation proves the US armed forces have triumphed in the war agaainst terror
4,000,000,029,057. Remember that number. It’s going to come up again later. But let’s begin with another number entirely: 145,000 – as in, 145,000 uniformed soldiers striding down Washington’s Pennsylvania Avenue. That’s the number of troops who marched down that very street in May 1865 after the United States defeated the...
China ‘spy balloon’ scare wakes up America and Big Tech conglomerates to new era of surveillance
A day of Biden administration briefings on the Chinese spy balloon that travelled across US airspace last week ended in predictably partisan fashion, with multiple Republicans airing frustration while most Democrats defended the incident’s handling. What was unmissable was a replay of scenes from the Cold War era and a...
Extremism: Human rights abuses like seeing a father arrested or brother taken away by military forces feed radicalism
A lack of job opportunities is the leading factor driving people to join fast-growing violent extremist groups in sub-Saharan Africa, according to a new report released by the UN Development Programme. The report titled Journey to Extremism in Africa: Pathways to Recruitment and Disengagement, underscores the importance of economic factors...
Zoom boom doom: Big Tech layoffs after making a killing when Covid pandemic ravaged the world
Layoffs continue to hit the tech industry, and this week they came for one of the pandemic’s biggest winners: Zoom. Yesterday, the video conferencing platform cut 15 per cent of its staff or about 1,300 people. That came after Zoom had tripled its head count in two years. “We didn’t...
Last year Congress allocated $45 billion more to military although America’s not won a war of faintest significance since 1945
Look, what matters to the American military-industrial complex isn’t either the truth or saving your taxpayer dollars but keeping those weapons programmes going and the money flowing. What matters, above all, is keeping America’s economy on a permanent wartime footing both by buying endless new (and old) weapons systems for...
US’ permanent war economy chokes democracy via its warriors, militarism that kill civil liberties
My name is Bill Astore and I’m a card-carrying member of the military-industrial complex (MIC). Sure, I hung up my military uniform for the last time in 2005. Since 2007, I’ve been writing articles for TomDispatch focused largely on critiquing that same MIC and America’s permanent war economy. I’ve written...
Why do US presidents traffic classified documents out of White House upon leaving office?
Joe Biden and Donald Trump are both facing special counsel investigations into their retention of classified documents after leaving office. The materials discovered in locations controlled by Biden reportedly relate to his time as vice president under Barack Obama and Trump’s are from his tenure as president. Democrats have sought...
Crystal Palace Olise’s stunning stoppage time free-kick a was a welcome twist Man United rebuild
If you’re feeling a strange pang in your stomach, a shiver down your spine or bile in the back of your throat while watching Manchester United these days, you are not alone. They’re feelings that arrive upon a realisation that is the antithesis of everything you were told by your...
Guantanamo: While Trump vowed ‘we gonna load it up with some bad dudes’ there’s slim hope Biden will close it
All told, although President Barack Obama’s administration poured far more energy into the effort to close Gitmo than his predecessor George W. Bush’s administration had, Obama failed during his terms in office to do so. In his last year, Obama continued to push hard with the rallying cry, “Let’s go...