Thursday, January 5, 2012

Trade wars, protectionism, military spending and war; Who is Nikolai Bukharin?

As smaller capitalists are being eradicated by the bigger capitalists, and the workers are not yet ready to take matters into their own hands, a return to protectionism is likely, as smaller capitalists would love to reinstate tariffs as a way to protect themselves against cheaper goods that are being imported from places like China... Read...
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Leveraging/Deleveraging: “Give me a lever long enough and a fulcrum on which to place it, and I shall move the world”

“Give me a lever long enough and a fulcrum on which to place it, and I shall move the world.” - Archimedes In this post, we will refer to a "technical term" that constantly keep appearing on TV, newpapers and in all kinds of political and economic discussion, but very few people really understand exactly what it means: Leveraging ... Read...
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