Kevin Reed | WSWS.org

Cryptocurrency is but the latest form of debt or fictitious #capital, i.e., capital with a claim on real (intrinsic) value generated by human labor in the future. It is attractive to the oligarchs for speculation, gambling and swindling, as has been demonstrated amply in the #Bankman-Fried affair.

03.12.2024 16:44 — 👍 0    🔁 0    💬 1    📌 0

Trump will launch tariff war to defend dollar supremacy Countries in the BRICS group must make a commitment not to try to create an alternative to the US currency or face the imposition of 100 percent tariffs.

Calls for creating a “strategic #bitcoin reserve” and the affinity of the incoming president for #crypto financial assets with no intrinsic value as an answer to the US debt crisis, recalls the saying: “Whom the gods would destroy, they first make mad.” www.wsws.org/en/articles/...

03.12.2024 03:52 — 👍 1    🔁 0    💬 1    📌 0

Federal police agencies investigating bomb threats against Trump nominees and Democratic lawmakers US Capitol police and the FBI confirmed that investigations are underway of violent threats made against at least six Democrats in Congress and nearly a dozen nominees and appointees of the incoming T...

The numerous bomb threats and “swatting” incidents over the Thanksgiving holiday are part of the intensification of political violence and breakdown of democratic rule in the US. www.wsws.org/en/articles/...

30.11.2024 12:24 — 👍 0    🔁 0    💬 0    📌 0

Thomas Scripps of the WSWS Inter'l Editorial Board, has written a detailed and carefully sourced account [posted below] of Gerry Healy's family and the political situation during his childhood. Scripps' work exposes Beatty's falsification of the historical record. 1/

29.11.2024 12:39 — 👍 17    🔁 7    💬 1    📌 1