Economics

A sovereign economy does not need foreign trade

A sovereign economy does not need foreign trade
23.08.2023

My (alas deceased) friend, great businessman and patriot, Mikhail Yuriev, once asked me a question: why is the ideal a zero foreign trade balance, i.e. the situation where the country sells as much as it buys (i.e. the volume of imports equals the volume of exports)? It turns out, he concluded, that the ideal would be to reduce foreign trade to zero, a very good point on which he built his curious book Fortress Russia. The main idea is: Russia should close itself off from the world and build an autonomous society based only on our traditional Russian values. If you want a perfect foreign trade balance, do it. That is a very productive way of thinking.

Is the U.S. global financial pyramid threatened?

Is the U.S. global financial pyramid threatened?
30.05.2023

The Republican-controlled U.S. House of Representatives and the administration of Democratic President Joe Biden have not yet reached an agreement on raising the U.S. debt ceiling.  According to U.S. Treasury Chief Janet Yellen, the prospect of a default “risks undermining U.S. global economic leadership and calls into question our ability to defend national security interests”.

The roots of the Great Reset. From Malthus to Bergoglio. When humankind is not perfectible

The roots of the Great Reset. From Malthus to Bergoglio. When humankind is not perfectible
26.05.2023

Actions depend on judgments, and these are formulated according to one's philosophical principles. This is why ideas put into circulation sooner or later take root, until a real or perceived crisis-as Friedman put it-makes them operational. As I have already explained in detail in “Sovereignty, Debt and Money. From the Quantum Financial System to the New Multipolar Order“, the seeds of the Great Reset were sown in the 1970s with the studies commissioned by the Club of Rome.

The State of Emptiness

The State of Emptiness
06.05.2023

Only one State in the world has been said to have gone from barbarism to decadence without knowing civilization, and this unenviable record belongs to the United States of America: a homeland without fathers, a non-place devoid of the natural transmission of values between generations characterized by only one law, that of the market.

The time of self-righteous capitalism

The time of self-righteous capitalism
05.05.2023

Every ideological system, every worldview expresses its own morality. It does not matter what assumptions and ideas it supports: what matters is the subsistence and pervasiveness of a moral horizon. It matters little that morality is opposite to what we had been accustomed to for centuries and is, in fact, a hypocrisy: it is the fate of all ethical systems lacking a spiritual background. On the strength of this conviction, Spanish philosopher Miguel Angel Quintana Paz, a professor at the University of Salamanca, has developed an interesting theory. The present is for Quintana the age of “self-righteous capitalism”.