“The new Cold War with Moscow shows little sign of abating. It is used to justify the expansion of NATO to Russia’s borders, a move that has made billions in profits for U.S. arms manufacturers. It is used to demonize domestic critics and alternative media outlets as agents of a foreign power. It is used to justify both the curtailment of civil liberties in the United States and U.S. interventions overseas—including in countries such as Syria and Venezuela.”
Chris Hedges, Manufacturing War
“The received wisdom is mistaken on how recessions are made. They are not simply caused by shocks. They are caused by a window of vulnerability in the economic cycle where the cyclical drivers of the economy have weakened to the point where it’s susceptible to a negative shock. Within that window of vulnerability, virtually any reasonable shock becomes a recessionary shock. That’s how you get a recession.”
Lakshman Achuthan, Economic Cycle Research Institute
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