The U.S. is currently experiencing a recession, despite desperate White House denials. However, to what extent does this financial reality correspond to the moral decline of recent decades? What is the connection between the nation’s economic decline and the left’s promotion of moral depravity on every level? The Reality of Recession Denied … Read more
They are already calling the current pandemic-induced economic crisis, “The Great Depression of 2020.” The paradigm is, of course, the Great Depression of 1929 that substantially changed the world’s model of development, signaling the onset of State intervention in the economy (the welfare state). Analysts are also calling it “The Great Jump … Read more
Everybody is looking for ways to describe the dire state of the world economy. Some have used Crisis with a capital C, a sinking Titanic or a perfect storm. These are all dramatic expressions to describe a very serious situation. However, the latest metaphor being used is even more dramatic. Leading economists … Read more
If there is an image that corresponds to the state of the world economy, it would be that of a cruise ship on a never-ending cruise. On its decks, there is every modern comfort and entertainment. The bands are playing, the restaurants crowded and the theaters are full. There is an atmosphere … Read more