Financialization and militarization of the economy, the crisis of the Atlantic system and the political crisis in France. France has been going through a turbulent period politically, economically, and in terms of parliamentary stability. The fact that the country still hasn’t been able to draft a budget for 2025 is quite telling. With massive debt, austerity measures facing backlash from ...
By Mehmet Perinçek We have long emphasized that the center of the global economy is shifting from the Atlantic to the Pacific. Western economists also admit this. Most recently, the International Monetary Fund (IMF) has acknowledged that Asian countries are the main driving force of the global economy, while pointing to the decline of the US economy. The US is ...