Slavery reparations are due from the West to countries where it stole labor and the lives of many to extract progress for itself. Nothing short of a massive transfer of wealth from the developed to the underdeveloped world, and to the descendants of slavery and colonialism in the west, can heal the deep wounds inflicted. …
Category: political inheritance
The British Disaster
The British had a disaster in its political life. Although the leaving of the EU is the most traumatic and in my mind stupid decision, the respect for democratic choice should be honoured with more than an afterthought. There should be an examination of the vote and the lies told to the electorate and at …
Italian Left Lurch
Twenty five percent of the vote in Italy went to a party that want an exit from the EU and a return of the Lira. The Monetary Madness continues apace. When a country could inflate away its debts and then revalue again after it had cleared its path back to being an attractive place to …
Head of IMF says keep stimulus
When the head of the IMF speaks, the bankers sit up and listen. But is his advice going to be any more accurate than anyone else's? It is hard to continue to mount up the debts investing in stability when jobs replacing all those that have vanished from the economy seem to fail to appear …