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DXR
Democracy Now!
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Comments by "DXR" (@MrDXRamirez) on ""This Is a Collapse of the Democratic Party": Ralph Nader on Roots of Trump's Win Over Harris" video.
I would not take my cues from Nader, in reality the world of the financial elites of America are coming to an end but the Elites think it is the World that is coming an end. Finance Capital is its own enemy. America’s Balance and Payments and De-dollarization. Basically, the only reason another country would trade with the Dollar is because it is backed by the Atomic Bomb. This has the world hostage from which nations struggle to break free. And break free they will. BRIC nations are doing what England and France had done in the 17th century that is, they wanted to create new forms of income that were not inherently exploitative and break free from the bonds of feudalism. Read the history of Classical Economy. BRIC nations do not have the benefit of this history of classical economy to develop new forms of income as a guide to a new economic order, they are inventing as they go along with one guide line. The error of the ways of Stalinism are the guard rails. America has this history and discards it as trash. Shamelessly. And instead, creates an economy that is only good for the financial empire that speeds up a De-Industrialization. The rich do not make their money by investing in factories in Wisconsin or in New York. All this is gone. It is the reason America is behind in its chip industry and the investment is not GE’s capital or Microsoft, etc., the investment is borrowed money by the government. Put this next to all the military basis America has and the country will never pay off what it borrowed, the chip factories in Texas will be starved for new infusions of capital in the future. Yet there is more...
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