The Global Casino of Capitalism (Part 1) Right now we are about 7.8b (billion) people on this planet. Our global wealth was $ 360,600b last year (2019). That means each of us owned around $ 50,000 on average, exactly $ 46,230.76. Last year (2019) all of us produced $ 142,000b altogether. This means each of … Continue reading The Global Casino of Capitalism
Tag: interests
Corona as gift of God
Welcome to lockdown! My following letter to the Austrian Economist Stephan Schulmeister was written during the financial crisis in October nine years ago: Dear Stephan Schulmeister, I really appreciate you personally. You are sympathetic and I like that you represent an alternative to the “neoliberal smog in our minds." Nevertheless, your point of view falls … Continue reading Corona as gift of God
Vienna Calling 