US Still Dominates The $124 Trillion Global Stock Market
America’s dominance of the global stock market is unrivaled, and its share has only grown in the past two years.
by Tyler Durden
America’s dominance of the global stock market is unrivaled, and its share has only grown in the past two years.
The outperformance of the S&P 500 has played a role in America’s leading position, averaging 14.8% compound average returns over the past decade. Global equities, represented by the MSCI ACWI (excluding the U.S.) Index, have returned 7% by comparison…
China and the Restoration of Capitalism. The Largest Cheap Labor Factory in the World
Wages are exceedingly low, productivity is high. These are the social realities of commodities “Made in China” marketed worldwide.
By Michel Chossudovsky
[This article titled China and the Restoration of Capitalism. The Largest Cheap Labor Factory in the World by Prof. Michel Chossudovsky was first published by Global Research. You may read it here.]
This article (edited and updated in 2018) focusses on China’s capitalist system under a “Communist” label.
Wages are exceedingly low, productivity is high. These are the social realities of commodities “Made in China” marketed worldwide…
Ontario slaps 25% tax increase on electricity exports to US in response to Trump’s trade war
Ontario Premier Doug Ford holds a news conference regarding the new tariffs that the United States has placed on Canada, at Queen’s Park in Toronto on Tuesday
By ROB GILLIES, apnews.com
TORONTO (AP) — Ontario’s premier, the leader of Canada’s most populous province, announced that effective Monday it is charging 25% more for electricity to 1.5 million Americans in response to U.S. President Donald Trump’s trade war.
Ontario provides electricity to Minnesota, New York and Michigan.
“I will not hesitate to increase this charge. If the United State escalates, I will not hesitate to shut the electricity off completely,” Ontario Premier Doug Ford said at a news conference in Toronto…
Trump Is Coming After Legal Residents. Are Citizens Next?
Green card holder arrested; 25 million living in U.S. now subject to deportation
by Ken Klippenstein
ICE’s arrest of a Columbia University protester on Sunday marks Donald Trump’s opening of a new front in his war on the domestic “enemy” within.
Mahmoud Khalil, a Columbia graduate who is married to a U.S. citizen, is a green card holder, making him a “lawful” permanent resident of the United States. By going after a lawful resident, Trump is expanding his war on the many supposed threats besieging America. The arrest goes well beyond Trump’s usual fixations, illegal immigrants or even foreign student visa holders. He is now just one step away from going after all Americans, trying to create precedent that protest and free speech is itself criminal…
You are a [Tax] Slave
The vast majority of your income goes to taxes, and you don't even know it
by Sotiris Rex
Slaves have the vast majority of their labour forcefully taken from them; they are forced - under the threat of violence - to essentially work for others.
Defining slavery
If most of your income goes to someone other than you without you voluntarily making that choice, then you essentially work for that someone more than you work for yourself; against your will no less. You are a slave. And if you can’t admit this fact to yourself, then you are the worst kind of slave: a mentally enslaved one…
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