GOOD TIMES ROLL ON WITH THE U.S. ASIA-PACIFIC “PIVOT.” The 2011 decision to increase sales of arms to U.S. allies in the region to counter growing Chinese influence in the area is providing a bonanza of opportunities for the military-industrial complex. As a Reuters report puts it, “Fears resulting from China’s growing military spending [...]
THE EUROPEAN UNION COULD BECOME THE GOLDMAN SACHS UNION. (Counterpunch) This is the spectre raised by Mike Whitney as he comments on the little-publicized appointment of Mario Draghi, former Managing Director of GS, to become the head of the European Central Bank, the European equivalent of the U.S. Federal Reserve. Off his record at GS, [...]
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