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
Sunday, 3 April 2022
How Putin’s Demand for Ruble Payments for Gas Will Play Out (w/ Richard Wolff)
Mar 30, 2022 • Germany buys 40% of its gas from Russia, via the Nord Stream 1 pipeline. These contracts are in euros and dollars, yet Russia is now demanding payment in Roubles. Germany has declined and warned that there may be shortages and rationing of gas.