How bankers, bureaucrats and bystanders sustain Israel’s genocide in Gaza

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“…Modern genocide functions as a system encompassing a wide array of responsibilities, some of them invisible or fundamentally unexpected. These may include, for example, the involvement of a university research centre somewhere in developing technologies and software used in practices of genocide and ethnic cleansing.

They may also include the allocation of funds from sovereign wealth funds or social security institutions into military industries that support the Israeli occupation and the war crimes it commits.

(…)

A detailed report issued in July 2025 by Francesca Albanese, the UN Special Rapporteur on human rights in the Palestinian territory occupied since 1967, identified more than 60 companies, including major US and European firms, as allegedly embedded in what she described as an “economy of genocide”.

The list of potential accomplices extends further, to include paid commentators and influencers who attempt to sanitise atrocities and persuade audiences with simplistic arguments they themselves may not believe.
Silence and power

It must also be recalled that those who fail to take appropriate action in response to genocide are likewise complicit in enabling it when they choose to look away, remain silent about its atrocities, and avoid demonstrating serious reactions.

Their silence became a partner in paving the way for the horrors inflicted by Israeli leadership upon the Palestinian people in the Gaza Strip.

In this context, the slogan “Silence kills” rings true. Those who fail to take even minimal action in the face of a genocide visible to all resemble individuals who ignore a fire consuming an inhabited house nearby, making no effort to respond or even to call emergency services, but instead continuing to indulge in their hobbies…”

~ Full article…

From economy of occupation to economy of genocide – Francesca Albanese – Special Rapporteur

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“…In the present report, the Special Rapporteur on the situation of human rights in the Palestinian territories occupied since 1967 investigates the corporate machinery sustaining the Israeli settler-colonial project of displacement and replacement of the Palestinians in the occupied territory.

While political leaders and Governments shirk their obligations, far too many corporate entities have profited from the Israeli economy of illegal occupation, apartheid and now genocide.

The complicity exposed by the report is just the tip of the iceberg; ending it will not happen without holding the private sector accountable, including its executives.

International law recognizes varying degrees of responsibility – each requiring scrutiny and accountability, particularly in this case, where a people’s self-determination and very existence are at stake. This is a necessary step to end the genocide and dismantle the global system that has allowed it…”

~ Full article…

The Earliest Known Customer Complaint Was Made 3,800 Years Ago: Read the Rant on an Ancient Babylonian Tablet

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“…Absent a Yelp app, the ancient Babylonian consumer in this case inscribed his complaint on a clay tablet—which now resides at the British Museum—sometime around 1750 B.C. The irate purchaser here, Nanni, writing to someone named Ea-nasir, received a shipment of copper ore of an inferior grade, after some annoying delay and in a damaged condition…”

~ Full article…

‘Whiff of 2008’: Nobel laureate pinpoints overlooked economic problem brewing

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“…The trouble with private credit companies, Krugman says, is where said companies get their money from. Though the collapse of private credit alone would not be enough to cause a crash, compounded with other economic issues, it could be enough to trigger a crash, the veteran economist suggested.

“…private credit companies have in fact borrowed large sums from banks, mostly in the form of revolving credit lines,” he wrote. “This means that banks might suffer losses if private credit companies fail…”

~ Full article…

Class Cleansing in Morocco for the Benefit of Zionists and Real Estate Mafia

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“…An official document issued by the Moroccan government, which has been circulated in the local press, highlights a list of new neighbourhoods targeted for the forced displacement of thousands of families, along with the apartments, buildings, and structures slated for demolition in Rabat. This initiative aims to clear the capital of its residents to cater to what is described as the “real estate mafia” and Zionist interests.

Rabat, like many other Moroccan cities, has experienced demolitions and forced evictions for months, prompting widespread anger and ongoing protests. This discontent is particularly fueled by claims from Moroccan human rights activists that the properties are intended for allocation to foreign investors, primarily Zionists. The campaign to demolish citizens’ homes and seize their land has continued relentlessly, even during harsh weather conditions and the school year…”

~ Full article…

Michael Hudson: Inflation First, Deflation Next

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“…Trump clearly intends to deliberately create a world economic crisis lasting at least four years — as World War I and World War II did. He thinks this will put America in the driver’s seat: America is self-sufficient in gas and oil. Other countries will have to buy from us. And if they do, we’ll require them to impose sanctions against Russia, Iran, and anyone else we’ve designated as an enemy.

Meanwhile, the ten-year US Treasury bond rate has gone over 4.5%, and the 30-year rate is over 5%. Wall Street has figured that if oil export prices double, that’s inflationary. But all of this is junk economics.

Of course oil prices are going up — so much so that Asia and the Global South will look like Germany after the US stopped it from buying Russian gas. Germany’s glass industry shut down. The fertilizer industry shut down. The automobile industry is cutting back — Mercedes and others are moving to China.

Trump’s tariffs on steel and aluminum are raising the price of agricultural combines and tractors. Farmers in the US face the same problem as farmers everywhere: higher fertilizer costs, higher harvesting equipment costs, higher gasoline costs.

What Wall Street doesn’t take into account: Yes, energy and energy-related prices are going up. But this will shut down industries and cause a huge depression. Layoffs. Governments will have to divert revenues to help families afford electricity and gas — which means cuts to social spending. Unemployment. People getting poorer and poorer. That’s not inflation. That’s deflation.

Prices will rise for oil, steel, aluminum, fertilizer, gas, and helium, while other prices in general fall. We’re facing the biggest collapse since the Great Depression. That is the deliberate aim of US foreign policy. They’ve gamed it out. They think that no matter how much this hurts the American economy, it will hurt labor by lowering its wages, by causing unemployment and making people desperate. It’s a godsend for the class war.

When companies have to cut production, how will they pay their debts? Workers — euphemized as “consumers” — are already paying over 30% interest on credit card fees and penalties. Student debt defaults are rising. Medical debt is the fastest-growing cause of bankruptcy in the United States. Mortgage rates have gone way up.

This is a new form of class warfare. It’s not employers against labor, because industry and labor are suffering together trying to survive. It’s the financial class against the rest of the economy. Finance, insurance, and real estate — the FIRE sector — is where almost all US GDP growth has occurred, while the real economy has shrunk.

Thisactually is a replay of debates from the mid-eighteenth century: How was Britain going to deal with the fact that creditors spend their money on luxury imports rather than domestic production? London was getting rich, not the rest of England…”

~ Full article…

Video: How the Global Crisis Will Unfold

Trump turning China’s yuan into world’s next safe haven

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“…As US President Donald Trump’s tariffs and military adventurism chip away at the dollar’s credibility, the privilege may be all China’s.

The reference here is to the phrase coined by France’s finance minister in the 1960s, Valery Giscard d’Estaing, to criticize the dollar’s dominant role in the global economy. America’s “exorbitant privilege” enables it to sell 10-year US debt at 4.1% yields, even as the national debt nears US$40 trillion.

Trump’s trade war, regime-change gamble in Venezuela and joining hands with Israel to attack Iran also give investors valid reasons to worry about the stability of US assets. So do Trump’s attacks on the Federal Reserve, the most globally respected US institution.

It’s no coincidence that foreign central banks’ holdings of US Treasury securities are now the lowest since 2012.

(…)

China has a literal trump card. The ways in which Trump World is taking a wrecking ball to US institutions risk forfeiting Washington’s exorbitant privilege altogether…”

~ Full article…

Iran Now a Top Five Global Power, Says Former US Advisor

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“…American Professor Robert Pape has recently made a striking claim: Iran should no longer be seen as merely one among the top 20 powers, but rather as one of the world’s top five. In an interview, the well-known US political scientist (who has advised the White House) argued that Iran’s leverage over the Strait of Hormuz, combined with its advancing nuclear program, elevates it into a new category altogether.

Iran’s rise in fact has been years in the making, and is not merely the result of military posturing or nuclear brinkmanship. On the occasion of Tehran’s accession to the Shanghai Cooperation Organisation (SCO) in 2021, I argued that such a move had to be understood within what I called a greater Eurasian concept. The SCO, led by China and Russia, is after all not just a security forum, but is actually part of a broader effort to construct a continental architecture linking Eurasian economies, infrastructures, and strategic visions…”

~ Full article and video…

Special Forces commando at heart of $1.5M-a-month mercenary killing unit funded by royal family: Suit

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“…A former Special Forces commando made millions of dollars carrying out assassinations for the United Arab Emirates, new court documents claim.

Abraham Golan, a mercenary allegedly behind a botched plot to kill a member of Yemen’s House of Representatives, has been named a defendant by Anssaf Ali Mayo, who barely escaped death at Golan’s hands, the papers allege.

In August 2015, Golan, along with former Navy SEAL Issac Gilmore, started Spear Operations group in Rancho Santa Fe in San Diego.

The two pitched and reached an agreement with the UAE to carry out “targeted assassinations” on the empire’s behalf, the lawsuit claims.

In return, Spear would allegedly be paid $1.5 million a month plus bonuses for successful killings.

The deal was allegedly brokered over lunch at an Italian restaurant in the officers’ club of a UAE military base in Abu Dubai by Mohammed Dahlan, a former security chief for the Palestinian Authority…”

~ Full article…

Nearly half of Americans are bracing for a ‘total economic collapse.’ What would that actually look like — and how worried should you be?

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“…A recent survey by YouGov found 42% of Americans believe the country will experience a “total economic collapse” within the next decade, while more than a third think a civil war is likely (1).

(…)

But what would a “total economic collapse” actually look like?

The closest historical comparison is the Great Depression. During the 1930s, U.S. unemployment approached 25%, the stock market lost nearly 90% of its value, and it took decades to recover fully (2,3).

While today’s economy is far more resilient, the fear of a severe downturn is not entirely unfounded…”

~ Full article…