Not long ago, the world watched at genetic engineering technologies with hope – the hope to avoid famine for the growing population of the Earth. Recently, we are witnessing a mass hysteria about the possible dangers of using GMO foods, in other words foods produced with the help of genetic engineering. As usually, the threat is not where the public is looking for it. Let’s see what this social bias is all about.
What is most likely to happen in the next week is a default of Greece. That means the country will be officially bankrupt. This is the news that makes all main headlines lately. But despite that Greece has been a main discussion topic over the last years very few people seem to understand what is going on and what are the real stakes.
Like with almost all main discussion topics people are fed with crap that suites one side or the other without even touching the surface of the real game that’s going on.
Be careful of what you are wishing for because it might come true. Europeans will learn it the hard way.
The top economic and geopolitical story of the last week is the cancellation of the South Stream gas pipeline project that had to directly connect Southeastern and Central Europe with Russia through the Black sea.
Apparently the project was closed by the Russian side after years of negotiations and preparation because they couldn’t come to an agreement with all of the participants from the European side. Instead Russia will build a gas pipeline to Turkey, signed and announced.
Mikhail Khazin is Russian economist, socially active person and president of the expert consulting company “Neocon”. Khazin is famous for his exact prognoses about the present financial crisis. Here is our translation of one of his video monologues that was published by Russia.ru in 2009. Although the video was made five years ago, its actuality is indisputable.
Pro-EU rhetoric is something common in the EU candidate countries. The citizens of these countries are brainwashed with EU-propaganda that is created to hide some ugly truths, such as Brussels’ corruption problems or the real aim of EU expansion – the economic and strategic interests of Germany, France and Britain. Here are three issues that really bust EU myths.
The free European market
At the end of the year, we (Bitter Bananas) offer you a brief summary of the crucial events and tendencies that influence politics and economy. It is clear that world is on the verge of a sweeping change. There is much to be said about the US as long as their policies are the origin of most present problems.
USA – a declining empire
Germany won recognition as the most powerful economy in the European Union. Chancellor Merkel managed to turn the EU into a German project and managed to do what generations of German politicians did not – get Europe under control. What is more, all this happened without firing a single shot in Europe. Nevertheless, there is a risk for Germany to lose its political supremacy if the EU collapses and this makes the most powerful country in Europe a hostage of world banking elite.
Modern-day economists are not prone to admitting an ugly truth – that profits too much depend on fools. In short – make the fools buy something that is in! The 30 years of neoliberal flourishing until 2008 was merely determined by the flourishing of brands. The combination of cheap Asian labor and consumers’ snobbery was a perfect money-making recipe.
Getting fooled – how it’s made
The crisis of the neoliberal political doctrine is in fact a crisis of the economy based on cheap labor. Although the downturn is not ubiquitous, the insecurity of the markets is embarrassing enough. In recent years, the system proved to be quite ineffective and the question is whether there is an alternative to cheap labor.