The banking system we take for granted is unfixable. The good news is that we no longer need to rely on any private, rent-seeking, socially destabilizing network of banks, at least not the way we have so far.
shows why the current private system is unfixable – and why we don’t need to tolerate it anymore.
Like Vladimir Putin, China's leader is so steeped in a narrative of victimhood and fearful of appearing weak that it is hard to imagine him ever leading China out of the mess he has created. He could well be remembered as the leader who squandered history's most remarkable economic success story.
about the country's increasingly worrisome trajectory, both at home and abroad.
Artificial IdiocyFrank Rumpenhorst/picture alliance via Getty Images
亚特兰大—去年年底,俄罗斯总统普京宣布俄罗斯已完成“无懈可击”的新型高超音速可携核导弹“先锋”(Avangard)的最后测试,称之为给俄罗斯的“最好的新年礼物”。普京不断地加码日益频繁的审判日口风,世界是不是应该为核冲突做好准备?
去年,普京谈及“核启示录”的次数比过去十年任何一位西方领导人都要多,这让一些人猜测他也许是在威胁北约和美国。但普京将灾难性结果的风险归咎于西方,将俄罗斯假想的启用核武器行为说成是报复或反击。
比如,去年3月,在联邦大会的总统演讲中,普京提到“过去15年中那些试图加速军备竞赛、寻求获得针对俄罗斯的单方面优势的人”采取了“非法”限制和制裁,意在“遏制”俄罗斯的发展,包括俄罗斯军事发展。所有这些人,普京宣称,应该“停止破坏我们身处其中的这艘叫做地球的船。”
To continue reading, register now.
Subscribe now for unlimited access to everything PS has to offer.
Subscribe
As a registered user, you can enjoy more PS content every month – for free.
Register
Already have an account? Log in