Global Meltdown

World On Course For Next Crisis?

In his recent article in The Telegraph, Gordon Brown, the ex British PM, has urged politicians at the next G20 summit, which takes place in Cannes in November, to take control of a globalised financial system which is still “perilously” unregulated. The West is following a practice—and a very dangerous […]

Can BRICS Soften Dollar Crisis?

On April 10, in an interview with a CNN host and political observer Fareed Zakaria, the former secretary of state James Baker, when he was speaking about the current global changes, said the following: “The biggest challenge facing the U.S. isn’t turmoil in the Arab world. It’s our debt bomb”. […]

US Capital’s Domestic Violence Plan for 2011

David KERANS (USA) “I keep thinking to myself that it can’t get any worse. But…” A progressively minded Professor of American History, in private conversation, December 5th, 2010 Disillusionment among progressive observers of the American political scene is nothing new, of course, and neither is the foreboding that the inequities […]

Students as Touchstone of Civilization’s Development

Gregory TINSKY (Russia) Recent protests of British students, which had developed into the mass disturbances, attracted the attention of various commentators, trying to figure out the reasons of what happened and link these events to the political-economic situation in Europe. Events that took place in Great Britain this November have […]

China and US: a Clash of Interests

Strategic Culture Foundation (Russia) Two events which had been anticipated for quite long took place in the U.S. shortly before the G20 summit in Seoul. On 2 November the Democrats lost control of the House of Representatives, and on 3 November the U.S. Federal Reserve announced that it would pump […]

US Could no Longer Save World Economy

Mikhail Khazin (Russia) The Marshall Plan era had already passed. The US is no longer able to save the world economy. It can be proved by the contemporary system of the division of labor. Meanwhile, it explains why China’s abilities are limited and it is not capable of boosting the […]