Democracy is an illusion! It’s become a political system fostered by the élite, for the élite, in order to fool the people that they have a stake in the system. In actual fact, they have virtually none. The whole political system in the modern era, despite having noble beginnings, is now used to benefit the few at the expense of the many. – Mark Alexander, June 29, 2018
Friday 18 February 2011
China Using Debt to Deal with U.S.
Feb 17 - Summary of business headlines: WikiLeaks cables show China used its position as America's largest debt holder to apply pressure on the U.S. Wall Street rallies as strong regional factory data offset inflation signals, jobless claims spike. Conway G. Gittens reports
