Cash is king, industry lies in ruins
August 1, 2025Financialization has gutted America’s industrial base. American corporations? They’ve become cash machines for shareholders, with 90 to 95% of profits redistributed to them over the past 30 years. All that’s left for resilience and competitiveness? Pennies. Deindustrialized America — a dividend paradise
Great Britain, a Poor Nation
October 7, 2024Great Britain will be outpaced by Poland by the end of this decade. Once the wealthiest country in Europe for a century, Great Britain’s trajectory has been on a downward slope since the end of World War II. Aside from a brief recovery during the 1980s, at the beginning of the Tony Blair era…