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
Thursday 21 June 2018
Trump's Trade War with China: A Great Miscalculation
Trump and his advisors seem to be extremely ill-informed about the ways in which China can retaliate, even though the US can impose tariffs on more Chinese goods, than China can impose on the US, says CEPR's Dean Baker
