Economic Reason

We all know that the US dollar is losing value through inflation every year; in fact,  the dollar has lost over 97% of its purchasing power over the last century. When “real money” (i.e. backed up with intrinsic value) was used, a cup of coffee in the 1920s costed about a few cents. In a […]

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A reserve currency has never lasted forever and the US Dollar is no exception, especially considering its seriously grave trade and debt imbalances. A country can only go so far with its imbalances, and today the US is the largest debtor nation in the history of the world. The fate of the US surely lies […]

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Title: Life and Debt – Jamaica’s IMF/World Bank Peril Director: Stephanie Black Year: 2001 [rate] Examining the economic and social situation in Jamaica, and specifically the impact thereon of the International Monetary Fund and the World Bank’s globalization policies. Its starting point is the essay A Small Place by Jamaica Kincaid. These loans were conditional […]

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Title: Apologies of an Economic Hitman – John Perkins Director: Stelios Kouloglou Year: 2008 [rate] Based on the popular book Confessions of an Economic Hitman, John Perkins was a prominent member of the top-secret team of “economic hit men”, who used fraudulent financial reports, rigged elections, payoffs, extortion, sex, military coups and murder to create […]

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George Soros describes in the following video how we need a “New Financial World Order,” on the pretext that the current system is “broke” and creating huge trade imbalances. Although he is correct about that the massive trade imbalances being incurred worldwide, he nevertheless chooses to ignore the reasoning behind the trade imbalance in the […]

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