Yesterday, the monthly consumer price index report, which measures inflation, came out and showed that inflation for December was negative. That is 6 months in a row now where inflation has slowed down compared to where it was during the first half… Read More ›
Work-Standard
Update (14 January 2023)
Parts II and III of “Thus Spoke Lenin: On Prussian State Capitalism” have yet to be completed. Since those series of posts often take the longest because I actually have to sift through Lenin’s philosophy, it will take a while… Read More ›
Thus Spoke Lenin: On Prussian State Capitalism (Pt. I of III)
“What is State Capitalism under Soviet power? To achieve State Capitalism at the present time means putting into effect the accounting and control that the capitalist classes carried out. We see a sample of State Capitalism in Germany. We know… Read More ›
Update (13 January 2022)
No response yet from Bogumil. I am guessing he is still busy at the moment. Anyway, I thought I should mention something about those diagrams that I had been planning to create. There was a thought that has been on… Read More ›
Update (12 January 2023)
Bogumil has not replied to my last comment. No idea when he is going to respond or not. For now, I am going to take care of other things, such as working in Photoshop to develop new diagrams and charts…. Read More ›
Bank of England makes £3.8bn profit from Liz Truss mini budget bond sales — CityAM
The Bank of England has trousered £3.8bn in profits from ditching bonds it hoovered up to stem financial chaos caused by Liz Truss’s calamitous mini-budget, the central bank told City A.M. The Bank announced today it has ditched all the £19.3bn… Read More ›
Atomfrei: Angela Merkel’s Decision to Phase Out German Nuclear Power — Chetan Hebbale
On March 11th, 2011, the largest earthquake in Japan’s history set off a tsunami which breached the Fukushima Daiichi nuclear power plant. The flooding destroyed the plant’s power generators preventing cool water from cycling to the hot nuclear core. Fearing… Read More ›
Is Human Development Index (HDI) a Reliable Indicator to measure prosperity among Nations?
Bogumil, I was thinking the same thing as well about how Kremlingames portrayed the legacies of the Strasser brothers, Otto Ernst Remer, and Ernst Niekisch in Collapse as well as another game of theirs, Ostalgie: The Berlin Wall. In the… Read More ›
Coinbase CEO Still among those “Who Believe in Crypto,” the Religion, Cuts another 25% of Real-World Staff, Sees another Huge Loss — Wolf Street
It has $3.6 billion in real-world debt. The bonds crashed, the stock imploded, reality keeps biting the crypto world. Coinbase CEO Still among those “Who Believe in Crypto,” the Religion, Cuts another 25% of Real-World Staff, Sees another Huge Loss —… Read More ›
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