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
坎布里奇——在11月的中期选举中,美国选民似乎准备将众议院控制权交给共和党,没准还有参议院。同样的情况也适用于多州选举, 民调显示,共和党人正在取得优势。
这样的结果可能对美国民主制度产生深远的影响,尤其如果其导致美国选举体制进一步降级。鉴于大量2020年选举否定者于2022年竞选公职,以及胜利可能在投票和计票方式等领域为他们带来的巨大权力,这种前景越来越令人感到忧虑。
共和党人可能的中期选举获胜令人垂头丧气。该党目前由极端主义派系所控制,其知名成员声称(或曾经声称)不仅前总统唐纳德·特朗普赢得了2020年总统大选,而且,气候变化就是一场骗局,新冠疫情是一场阴谋,前总统巴拉克·奥巴马并不是在美国出生。尽管许多共和党人并不说这些话(而且说这些话的人很有可能也并不相信),但特朗普式的极端主义者正在掌权。
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