Is This Why Central Banks Are Rushing to Buy Gold?
Once private property is gone, public survival depends on the “charity” of the state and its corporate partners. Without property, dependency metastasizes like a cancer.
Once private property is gone, public survival depends on the “charity” of the state and its corporate partners. Without property, dependency metastasizes like a cancer.
One expert is projecting that "it will be another 4 to 6 years before China will be able to rebuild its herd".
European tensions are growing. There is Brexit, a directionless and over-extended Germany, an ambitious but weak France, and a growing regional divide. But the main danger to the European project is democracy. What is the European Union? The closest concept I can come up with is that of a liberal empire. An empire is a hierarchically structured block of states held together by a gradient of power from a centre to a periphery. At the centre of the EU is Germany, trying more or less successfully to hide inside a “Core Europe” (Kerneuropa) formed together with France. Germany doesn’t want to…