The Shrewd Economist
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
Saturday, 29 November 2025
What Would a Reform Government Mean for Britain?
Labels:
Nigel Farage,
Reform UK
Brian Klaas: “The United States Is Now a Competitive Authoritarian System”
LSE: Is the United States still a democracy? In an interview with EUROPP’s editor Stuart Brown, Brian Klaas discusses Donald Trump’s impact on American and global democracy.
I would say the United States is now a “competitive authoritarian” system. This is political science jargon for countries that have the trappings of democracy, but without a level playing field.
In other words, there is genuine competition in the United States between political parties and democratic institutions persist, but the state is able to manipulate outcomes to its advantage, disadvantage its opponents and use state power in illegitimate or undemocratic ways with little to no recourse against it.
Political scientists continue to debate this topic, but few would classify the United States as a robust democracy. It is either a democracy in crisis that is barely clinging onto the label, or one that has tipped over the edge into competitive authoritarianism – and I believe it’s the latter. » | Brian Klaas | Friday, September 19, 2025
I would say the United States is now a “competitive authoritarian” system. This is political science jargon for countries that have the trappings of democracy, but without a level playing field.
In other words, there is genuine competition in the United States between political parties and democratic institutions persist, but the state is able to manipulate outcomes to its advantage, disadvantage its opponents and use state power in illegitimate or undemocratic ways with little to no recourse against it.
Political scientists continue to debate this topic, but few would classify the United States as a robust democracy. It is either a democracy in crisis that is barely clinging onto the label, or one that has tipped over the edge into competitive authoritarianism – and I believe it’s the latter. » | Brian Klaas | Friday, September 19, 2025
Sandra Navidi warnt: Trump und die US-Wirtschaft wackeln!
Labels:
Donald Trump,
Sandra Navidi,
US-Ökonomie
Michael Lambert: The UK Economy Is Heading for Trouble
I know this has been stated so many times before, but I will state it again: This country’s economic woes begin and end with Brexit.
The country has been in terminal decline since the end of the Great War, but we hitched our wagon to Europe’s for that very reason: to arrest that terminal decline. I am old enough to remember the very first referendum on the European question. The people who voted for that idiotic Brexit were taken in by the likes of Farage because of their lack of understanding of the history of this nation’s decline. Harsh though it sounds, it must be re-iterated: Brexiteers were taken in because they knew no better. Because they knew no better, people like Farage could fool them.
Even Thatcher, who was no lover of the European Project, realised the importance of the European Single Market. In fact, without her unstinting efforts, the Single Market would probably not have come about. Margaret Thatcher was one of the Single Market’s main architects, arguably the main architect. She knew that there was no prosperity for Britain unless we were in it, unless we took an active part in it. Not so much politically, perhaps, but certainly economically.
There is therefore only one solution to this problem, and it is this: we MUST correct our mistake and re-join that market. Our main obstacle to our doing so is our dullard politicians. Some say that Europe won’t let us back in. Poppycock! With Russia knocking on Europe’s door and with Trump abandoning Europe in favour of befriending Vladimir Putin, the European Union needs all the friends it can get. It also needs Britain’s first-class military expertise to help guarantee Europe’s continued security.
So, we need a leader who is charismatic, powerful, and courageous. One who will swim against the tide. One who will take us back into the European Union as FULL MEMBERS, with no ifs and buts. We need to embrace the euro as well and ditch the pound. We need not only to be taken back into the EU, but we need to demonstrate our absolute commitment to the Project. Our place in the EU needs to be locked in. Then, and only then, will this country have a fighting chance for a full economic recovery. Re-entering the European Union would not only help stimulate economic growth for this country, it would also help stimulate European economic growth, too. Our re-entrance would shore up optimism. Nothing hampers economic growth as much as pessimism and restrictions to trade. Commerce thrives on optimism and freedom from restrictions.
Moreover, it should be added that many of our other woes would be solved by re-entry into the EU as well. The problem of a shortage of labour, for example, and the problem of illegal immigrants.
Thank you, Michael, for your most interesting video. Watching your videos is always a pleasure. — © Mark Alexander
Labels:
UK economy
Friday, 28 November 2025
À New York, la proposition de supermarchés publics de Zohran Mamdani suscite déjà des doutes
LE FIGARO : Le futur maire veut lancer cinq supermarchés publics (un par arrondissement) pour lutter contre la vie chère et la faim. Une promesse qui interroge distributeurs, experts et acteurs de terrain.
Des supermarchés publics offrant des prix bas pour lutter contre la vie chère : l'une des mesures phares du prochain maire démocrate de New York, Zohran Mamdani, n'a pas encore vu le jour que surgissent déjà doutes et interrogations. Élu sur une promesse de réduction du coût de la vie dans la mégapole américaine, le jeune édile de 34 ans, qui prendra ses fonctions le 1er janvier, s'est engagé notamment à venir en aide au 1,4 million de New-Yorkais en situation d'insécurité alimentaire. Mais son plan de création de cinq supermarchés publics (un par arrondissement) suscite déjà des critiques du secteur et la perplexité des experts, qui le jugent pour le moment encore très imprécis. » | Par Le Figaro avec AFP | vendredi 28 novembre 2025
Des supermarchés publics offrant des prix bas pour lutter contre la vie chère : l'une des mesures phares du prochain maire démocrate de New York, Zohran Mamdani, n'a pas encore vu le jour que surgissent déjà doutes et interrogations. Élu sur une promesse de réduction du coût de la vie dans la mégapole américaine, le jeune édile de 34 ans, qui prendra ses fonctions le 1er janvier, s'est engagé notamment à venir en aide au 1,4 million de New-Yorkais en situation d'insécurité alimentaire. Mais son plan de création de cinq supermarchés publics (un par arrondissement) suscite déjà des critiques du secteur et la perplexité des experts, qui le jugent pour le moment encore très imprécis. » | Par Le Figaro avec AFP | vendredi 28 novembre 2025
Labels:
New York,
Zohran Mamdani
Vladimir Poutine se rendra en visite en Inde les 4 et 5 décembre, annonce le Kremlin
LE FIGARO : Cette visite, qui inclura notamment des entretiens avec la présidente indienne, devrait permettre d’aborder l’ensemble de l’agenda bilatéral et des enjeux internationaux. Elle devrait se conclure par la signature d’une déclaration commune et d’accords commerciaux.
Le président russe Vladimir Poutine se rendra en visite d'État en Inde les 4 et 5 décembre à l'invitation du premier ministre indien Narendra Modi, a annoncé vendredi le Kremlin dans un communiqué.
Cette visite « permettra d'évoquer tous les aspects de l'agenda varié des relations russo-indiennes de partenariat stratégique privilégié », ainsi que d'échanger sur « les sujets d'actualité internationale et régionale », a expliqué la présidence russe. » | Par Le Figaro avec AFP | vendredi 28 novembre 2025
Le président russe Vladimir Poutine se rendra en visite d'État en Inde les 4 et 5 décembre à l'invitation du premier ministre indien Narendra Modi, a annoncé vendredi le Kremlin dans un communiqué.
Cette visite « permettra d'évoquer tous les aspects de l'agenda varié des relations russo-indiennes de partenariat stratégique privilégié », ainsi que d'échanger sur « les sujets d'actualité internationale et régionale », a expliqué la présidence russe. » | Par Le Figaro avec AFP | vendredi 28 novembre 2025
Labels:
Inde,
Kremlin,
Russie,
Vladimir Poutine
Thursday, 27 November 2025
Mohammad bin Salman: Prince with Two Faces
Labels:
documentary,
MBS,
Saudi Arabia
Why Britain’s Budget Is a Failure
Labels:
Rachel Reeves,
UK Budget
Wednesday, 26 November 2025
UK Chancellor Says Ordinary People Will Pay 'A Little Bit More' as She Defends Budget | BBC News
Nov 26, 2025 | UK Chancellor Rachel Reeves - the minister in charge of the government's finances – has set out details of her second Budget since becoming chancellor.
Reeves said she is asking "ordinary people to pay a little bit more" after she announced tax rises of £26bn to come into force by 2030.
Setting out her Budget in the Commons earlier, she said that income tax thresholds would be frozen until 2031, while the two-child welfare cap would be scrapped.
A spokesman has said the chancellor has confidence in the head of the Office for Budget Responsibility, Richard Hughes, after the watchdog mistakenly published details of the Budget early.
Reeves said she is asking "ordinary people to pay a little bit more" after she announced tax rises of £26bn to come into force by 2030.
Setting out her Budget in the Commons earlier, she said that income tax thresholds would be frozen until 2031, while the two-child welfare cap would be scrapped.
A spokesman has said the chancellor has confidence in the head of the Office for Budget Responsibility, Richard Hughes, after the watchdog mistakenly published details of the Budget early.
Labels:
Rachel Reeves,
UK Budget
Democracy Now! Sarah Leah Whitson on Israel, Gaza & Trump-MBS Meeting
Labels:
Donald Trump,
Gaza,
Israel,
MBS,
Saudi Arabia
PRESIDENT FOR LIFE
THE ATLANTIC: Donald Trump is trying to amass the powers of a king.
IN THE NORMAL course of history, the president of the United States is a figure who inspires optimism in the American people. The 47th president prefers to stir feelings of fear, vulnerability, hopelessness, and political inevitability—the sense that he, and only he, can rescue the nation from looming peril. Since his second inauguration, Donald Trump has seized authoritarian control over the federal government and demanded the obedience of the other powerful institutions of American society—universities, law firms, media companies. The question weighing heavily on the minds of many Americans is whether Trump will subvert next year’s midterm elections or the 2028 presidential election to extend his reign.
With his every word and deed, Trump has given Americans reason to believe that he will seek a third term, in defiance of the Constitution. It seems abundantly clear that he will hold on to the office at any cost, including America’s ruin.
The Founders of our nation foresaw a figure like Trump, a demagogue who would ascend to the presidency and refuse to relinquish power to a successor chosen by the American people in a free and fair election. Writing to James Madison from Paris in 1787, Thomas Jefferson warned that such an incumbent, if narrowly defeated, would “pretend false votes, foul play, hold possession of the reins of government.” Were that moment ever to come, the Founders believed, it would mark the demise of the nation that they had conceived, bringing to a calamitous end the greatest experiment in self-government ever attempted by man.
Trump proved in 2021 that he would do anything to remain in the White House. Even after the violence of January 6, his second impeachment, and the conviction and incarceration of scores of his followers, he reiterated his willingness to subvert the 2024 election. That proved unnecessary. Yet since his victory, Trump has again told the American people that he is prepared to do what it takes to remain in power, the Constitution be damned. » | J. Michael Luttig | Tuesday, October 28, 2025
MILWAUKEE INDEPENDENT: THE NOW AND FOREVER KING: ALL THE WAYS TRUMP COULD REMAIN IN POWER AFTER HIS SECOND TERM ENDS »
IN THE NORMAL course of history, the president of the United States is a figure who inspires optimism in the American people. The 47th president prefers to stir feelings of fear, vulnerability, hopelessness, and political inevitability—the sense that he, and only he, can rescue the nation from looming peril. Since his second inauguration, Donald Trump has seized authoritarian control over the federal government and demanded the obedience of the other powerful institutions of American society—universities, law firms, media companies. The question weighing heavily on the minds of many Americans is whether Trump will subvert next year’s midterm elections or the 2028 presidential election to extend his reign.
With his every word and deed, Trump has given Americans reason to believe that he will seek a third term, in defiance of the Constitution. It seems abundantly clear that he will hold on to the office at any cost, including America’s ruin.
The Founders of our nation foresaw a figure like Trump, a demagogue who would ascend to the presidency and refuse to relinquish power to a successor chosen by the American people in a free and fair election. Writing to James Madison from Paris in 1787, Thomas Jefferson warned that such an incumbent, if narrowly defeated, would “pretend false votes, foul play, hold possession of the reins of government.” Were that moment ever to come, the Founders believed, it would mark the demise of the nation that they had conceived, bringing to a calamitous end the greatest experiment in self-government ever attempted by man.
Trump proved in 2021 that he would do anything to remain in the White House. Even after the violence of January 6, his second impeachment, and the conviction and incarceration of scores of his followers, he reiterated his willingness to subvert the 2024 election. That proved unnecessary. Yet since his victory, Trump has again told the American people that he is prepared to do what it takes to remain in power, the Constitution be damned. » | J. Michael Luttig | Tuesday, October 28, 2025
MILWAUKEE INDEPENDENT: THE NOW AND FOREVER KING: ALL THE WAYS TRUMP COULD REMAIN IN POWER AFTER HIS SECOND TERM ENDS »
Labels:
Donald Trump
Steve Bannon: Trump Will Have a Third Term
Labels:
Donald Trump,
MAGA,
Steve Bannon
Why Britain No Longer Makes Things — and How We Rebuild
For forty years, we were told that Britain didn’t need manufacturing — finance would make us rich. That experiment has failed. We import more than we export, our towns have been hollowed out, and our prosperity rests on hot money and property bubbles rather than productive capacity.
In this video, I explain why Britain’s industrial collapse was a political choice, how Thatcherism destroyed long-term investment, why Labour still worships foreign takeovers, and why rebuilding national capability now requires deliberate government action.
We need regional public investment banks, a tax system that rewards real production, not speculation, and a new industrial strategy that blends modern manufacturing with care, education and innovation. This is about well-being, security, and the future of our democracy.
In this video, I explain why Britain’s industrial collapse was a political choice, how Thatcherism destroyed long-term investment, why Labour still worships foreign takeovers, and why rebuilding national capability now requires deliberate government action.
We need regional public investment banks, a tax system that rewards real production, not speculation, and a new industrial strategy that blends modern manufacturing with care, education and innovation. This is about well-being, security, and the future of our democracy.
Labels:
UK economy
Tuesday, 25 November 2025
Millions of UK Workers to Get Pay Rise as Reeves Plans Increased Minimum Wage
THE GUARDIAN: Chancellor says people must be ‘properly rewarded for their hard work’ with 16- to 21-year-olds also in line for raise
Millions of low-paid workers in the UK are to get a pay rise of 4.1% next year, as Rachel Reeves confirmed that minimum wage rates will go up as part of the government’s ambition to improve living standards.
The national living wage will rise from £12.21 to £12.71 an hour from April for over-21s, which the government said would increase the annual earnings of about 2.4 million workers by £900.
The minimum wage for 18- to 20-year-olds will increase by 8.5% to £10.85 an hour, narrowing the gap with older workers as part of the government’s commitment to “raise the floor” on wages for all workers.
The Treasury had been concerned about the increase in youth rates with some ministers and officials fearing that they could be “priced out” of entry-level jobs. » | Pippa Crerar | Political editor | Tuesday, November 25, 2025
Millions of low-paid workers in the UK are to get a pay rise of 4.1% next year, as Rachel Reeves confirmed that minimum wage rates will go up as part of the government’s ambition to improve living standards.
The national living wage will rise from £12.21 to £12.71 an hour from April for over-21s, which the government said would increase the annual earnings of about 2.4 million workers by £900.
The minimum wage for 18- to 20-year-olds will increase by 8.5% to £10.85 an hour, narrowing the gap with older workers as part of the government’s commitment to “raise the floor” on wages for all workers.
The Treasury had been concerned about the increase in youth rates with some ministers and officials fearing that they could be “priced out” of entry-level jobs. » | Pippa Crerar | Political editor | Tuesday, November 25, 2025
Labels:
minimum wage
EU Considering Ban on Weapons Sales to United Arab Emirates | DW News
Labels:
UAE
Monday, 24 November 2025
A Historic Redistribution of Global Wealth Is Underway
Labels:
global wealth
Saturday, 22 November 2025
Michael Lambert: AI Is About to Change Everything You Know!
Nov 22, 2025 | AI is about to reshape our world faster than any technology in human history. Not just in terms of convenience or efficiency — but in terms of jobs, power, government, national identity and the basic meaning of human life.
In this video I explain why AI is not “just another tech trend”, but a genuine economic and social tsunami. We already see banks, councils, law firms, call centres, the media, accountants and logistics companies quietly replacing human thinking with AI systems. The pace is accelerating — and politicians are asleep.
What happens when 40–50% of people are no longer economically useful? What happens when machines take over the thinking, the planning, the decision-making — not in 50 years, but within the next decade? How does society function when human intelligence is no longer the most valuable commodity?
This is the most important video I’ve made because we are entering a future for which our institutions, our politics and our culture are completely unprepared.
MICHAEL LAMBERTS’ NEW CHANNEL.
In this video I explain why AI is not “just another tech trend”, but a genuine economic and social tsunami. We already see banks, councils, law firms, call centres, the media, accountants and logistics companies quietly replacing human thinking with AI systems. The pace is accelerating — and politicians are asleep.
What happens when 40–50% of people are no longer economically useful? What happens when machines take over the thinking, the planning, the decision-making — not in 50 years, but within the next decade? How does society function when human intelligence is no longer the most valuable commodity?
This is the most important video I’ve made because we are entering a future for which our institutions, our politics and our culture are completely unprepared.
MICHAEL LAMBERTS’ NEW CHANNEL.
Labels:
AI
Friday, 21 November 2025
Swiss Gold and Rolex Gifts to Trump Arouse ‘Disgust’ in Europe
THE GUARDIAN: Billionaires gave desk clock and engraved gold bar weeks before Trump slashed tariffs on imports from Switzerland
A gold Rolex desk clock and a $130,000 engraved gold bar given to Donald Trump by a group of Swiss billionaires have raised questions in Europe and the US about the personalisation of US presidential power.
Pasquale Tridico, an Italian MEP and the former head of the country’s national institute for social security said he was “disgusted” by the golden charm offensive, made weeks before Trump decided to slash 39% tariffs on Swiss imports to 15%.
“This is really awful,” he said, claiming that it seemed to be a case of “making foreign policy the policy of individuals”.
Lisa Mazzone, the president of the Green party in Switzerland said the gifts appeared to show Trump’s “corrupt logic had poisoned the Swiss elite”.
“It is unacceptable that the federal council is relying on the help of an economic elite that represents private interests and lacks democratic legitimacy in its negotiations with the US president,” she added. » | Lisa O’Carroll in Brussels | Friday, November 21, 2025
A gold Rolex desk clock and a $130,000 engraved gold bar given to Donald Trump by a group of Swiss billionaires have raised questions in Europe and the US about the personalisation of US presidential power.
Pasquale Tridico, an Italian MEP and the former head of the country’s national institute for social security said he was “disgusted” by the golden charm offensive, made weeks before Trump decided to slash 39% tariffs on Swiss imports to 15%.
“This is really awful,” he said, claiming that it seemed to be a case of “making foreign policy the policy of individuals”.
Lisa Mazzone, the president of the Green party in Switzerland said the gifts appeared to show Trump’s “corrupt logic had poisoned the Swiss elite”.
“It is unacceptable that the federal council is relying on the help of an economic elite that represents private interests and lacks democratic legitimacy in its negotiations with the US president,” she added. » | Lisa O’Carroll in Brussels | Friday, November 21, 2025
Labels:
Donald Trump,
Europe,
Switzerland
Carney Secures BILLIONS After Royal UAE Welcome to Counter Trump’s Attacks
Labels:
Canada,
Mark Carney,
UAE
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