Growing global economic distress as G7 meet ends
May 22, 2023
The global economy is being dragged down by fundamental forces that even the mighty US is still captive to. It may be the world’s dominant imperialist power but it is still merely monopoly capitalist and as such subject to the deeply-ingrained contradictions of capitalism.
US military spending largest in the world
May 10, 2023
US military spending is larger than of the next ten countries combined — China, Russia, India, Saudia Arabia, United Kingdom, Germany, France, South Korea, Japan, and Ukraine. The military spending of just these 11 countries in turn is more than by the remaining 180 or so other countries in the rest of the world combined.