Chapter Seventeen: Globalization: Communism at Its Core Table of Contents Introduction 1. Globalization and Communism 2. Economic Globalization a. Globalization Spawns Communist-Style Economics b. Globalization Fosters Communism in Developing Countries c. Globalization Creates Wealth Polarization, Enabling Communist Ideology d. Opposition to Globalization Furthers Communist ...
The Risk of the ‘Bailout of Everything’ Commentary by Daniel Lacalle June 14, 2020, Updated June 15, 2020 Despite massive government and central bank stimuli, the global economy is seeing a concerning rise in defaults and delinquencies. The main central banks’ balance sheets (the Federal Reserve, Bank of Japan, European Central Bank, Bank of England, and People’s Bank of China) have soared to a combined ...