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RE: Nomi Prins: "The Fed Is Scared To Death Of Crashing The Global Financial System
In the first quarter of the twenty-first century, the global capitalist system no longer holds its contradictions and
have difficulties in overcoming their problems. Global stagnation is very high
the rates of indebtedness, the big one that can terminate the existence of mankind on earth
The 'global ecological crisis', the structural financial instability tendency, the excess of income disparities
the rise of democracy into oligarchy, the creation of imperialist wars
major problems such as mass migration waves threaten the future of global capitalism.
According to Italian political theorist Antonio Gramsci, "the crisis is the death of the ancestor,
and in this interim, a wide variety of morbid signs may emerge "
In addition, slow economic growth in the real economy Since the 2008 crisis, the growth incomes of emerging economies, except China, have never been so weak. As for China, Even when we are living outside India and the Philippines, the growth estimates for developing countries in 2015 are around 3.5%.
Yeah I agree bro that the global capitalist system no longer holds its contradiction.
Thank you bro for your comment