by Alastair Crooke, Strategic Culture:
Even the need for transition – just to be clear – has only just begun to be recognised in the U.S.
For the European leadership however, and for the beneficiaries of financialisation who haughtily lament Trump’s ‘storm’ unwisely unleashed on the world, his base economic theses are ridiculed as bizarre notions completely divorced from economic ‘reality’.
That is completely untrue.
For, as Greek Economist Yanis Varoufakis points out, the reality of the western situation and the need for transition was clearly spelled out by Paul Volcker, former chair of the Federal Reserve, as long ago as 2005.
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