Tag Archives: Global Economy

Quote of the Day – NAFTA – Don’t Bend Over

NAFTA Signing Ceremony “They debated the NAFTA bill for a long time; should we sign it or not? Either way, the people get fucked. Trade always exists for the traders. Anytime you hear businessmen debating ‘which policy is better for … Continue reading

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Peak Copper in New Mexico

Not Worth a Pretty PennyBy Gerry Storm / The Rag Blog / June 22, 2008 Prices of all metal are skyrocketing these days as investors realize that peak copper, peak nickel, peak silver, peak gold, have likely already occurred. China … Continue reading

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There’s Peak Oil and then there’s (FREAK!!) Oil…

I think this might Imply that we can either try to devise techno-fixes aimed as business as usual or we can move to a more survivalist post-corporate mode of social organization dealing with an abrupt reduction in the average living … Continue reading

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We, the People, Have Been Ambushed

When Will the People Fight Back? Oil and RacismBy Reza Fiyouzat / June 15, 2008 It is customary to run into brazenly racist commentary coming out of the U.S. liberals and right-wingers alike, especially when it comes to the question … Continue reading

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The Japanese Use Less Energy, No Doubt

It is a rarity to see all the lights ablaze at Kiminobu Kimura’s home in Tokyo, where a fuel cell turns hydrogen into electricity and cold water into hot. The Kimura family heats very few rooms, and recycles its bath … Continue reading

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A Flashback with a Moral and Mental Midget

A few choice words from Rupert Murdoch that appeared in the Guardian on 11 February 2003. Just shows how arrogant and ignorant Amerikkkan power can be. Richard Jehn / The Rag Blog / June 10, 2008 On the war Mr … Continue reading

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Reasons to Redefine the Word "Murder"

Burma, Food Crisis, Wall Street and the World Economy: Drawing Your Last Breath HungryBy Allan Nairn / June 9, 2008 In parts of Burma before the cyclone hit the heat was so severe that you could walk around on a … Continue reading

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Global Economy in an Inverted World

Guys shooting craps in musical “Guys and Dolls.”The Stock Market :Shooting Craps From the LeftBy Steve Russell / The Rag Blog / June 5, 2008 [The following comments by Rag Blog contributor Steve Russell are followed by an Op-Ed piece … Continue reading

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Tell Them That They Should Be Blaming Geology

Oil: A Global CrisisBy Geoffrey Lean / May 25, 2008 The Iraq War means oil costs three times more than it should, says a leading expert. How are our lives going to change as we struggle to cope with the … Continue reading

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Uganda’s Success: Ignoring Bad Western Advice

Africa Plays the Rice CardBy G. Pascal Zachary For years, Western experts promised Africans that free-market ideology would save them from poverty and famine. Now, one African country is showing that sometimes, a little protectionism can work wonders. Farming has … Continue reading

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R. Baker : Liu and the Liquidity Crisis

Recession and the Liquidity TrapBy Roger Baker / May 11, 2008 / The Rag Blog A year ago, on May 9, 2007, Henry C. K. Liu wrote an article for the Asia Times titled “Liquidity boom and looming crisis.” So … Continue reading

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