JP Morgan Chase chief executive, Jamie Dimon, ironically claims that crypto-currency, BitCoin, is a “fraud” that should only be invested in by criminals. Takes one to know one. The financial services giant has spent decades defrauding its customers, and it didn’t need a new currency to do it. Not that it has stopped them from trying to develop one anyway. Dimon is right, in a sense. BitCoin will not be our saviour. But not for the reasons he claims.
It is possible to condemn the influence of America and the IMF plundering Venezuela’s election and economy while simultaneously remaining critical of the shortcomings of all nationalist programs in an imperialist world, even as we stand shoulder-to-shoulder with those united under their banners.
Our problems will not be solved by the victory of one party over another, or of one ‘ism’ over another. Changing lawmakers from ‘conservatives’ to ‘liberals’ or ‘liberals’ to ‘socialists’, without reforming how the laws are made is like asking the orchestra to play a happy tune whilst the ship goes down, writes Mark GB. Our problems arise from the centralisation of power and money in the hands of unaccountable vested interests. We need fundamental reform of the political and monetary system itself.
Poking fun at North Korea’s Kim Jong-un has become a global past-time, but while people often deride him as crazy, the North Korean leader’s actions are part of a highly rational long-game. Former Australian Army Officer and defence specialist, Matt Jones says Kim Jong-Un is a skilled operator who will stop at nothing to reunify the Korean peninsula on his own terms.
The challenge facing the US is to operate in a world where there is not one single power, but multiple poles of power and influence. If you were Russia, or China, or Iran, would you believe that the American administration has any interest whatsoever in international law? Would you trust the US? Or would you be looking over your shoulder wondering if you were next?