Consequences and lessons of the new U.S. bank collapses

This article was originally published in Chinese at Guancha.cn. The collapse in rapid succession of Silicon Valley Bank and Signature Bank, the second and third largest bank collapses in U.S. history, fully confirms the extremely damaging character of the U.S. stimulus policies which were launched to attempt to deal with the economic consequences of the…

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Tory leadership contest – vicious fighting over how to “Americanise” Britain

Boris Johnson’s personal “peculiarities” and scandals – fined by the police for breaking Covid restrictions in “partygate”, misrepresentations even to his closest government colleagues and members of Parliament etc. – were the immediate cause precipitating his removal from office. But behind Johnson’s peculiarities far more powerful economic, social and political forces were involved in his…

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US calls for China to adopt policy to kill millions of Chinese by Covid in name of “human rights”

Few issues show more clearly the real difference between the pro-human oriented policies of socialism in China and pro-capital oriented policies of the U.S. than the two countries response to the Covid pandemic. The U.S., while verbally proclaiming support for “human rights”, is actively campaigning for a policy that would already have led to 3.6…

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