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    Added post   to  , Government

    After the start of a special operation in Ukraine, China began to reduce investments in . The volume of investments has already decreased to a minimum since 2010!.

    This suggests that may be preparing a fight for . The Chinese want to avoid blocking and expropriation of their assets by Western countries by measuring the assets of the Russian Federation.

    If China invaded Taiwan would be reliant on “natural defences” – its rugged coastline and rough sea – with plans to “throw a thousand tanks at the beachhead”

    Added news   to  , Government

    America is in a civil war. Not a cocktail party war like Vietnam or Afghanistan, where Americans stand around and talk about it but relatively few are personally affected. No, this is a WWII-level existential threat war where the difference between victory and defeat is literally freedom or tyranny. One need look no farther than what Adolph Trudeau is doing in Canada right now to understand what the future holds.

    This war has been simmering for decades and most Americans didn’t even notice. Now it’s obvious. Virtually every element of traditional American culture is being destroyed. The left has decided that the United States is a plague on humanity and must be eliminated. In this case, the “left” consists of government, media, big tech, big business, and academia, among others.

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    The following is excerpted from a speech delivered on November 10, 1977, on the Hillsdale College campus as part of the Ludwig von Mises Lecture Series. Originally published in Imprimis in January 1978, the speech was reprinted in Educating for Liberty: The Best of Imprimis, 1972-2002 (Hillsdale College Press, 2002).

    How much are we to blame for what has happened? Beginning with the traumatic experience of the Great Depression, we the people have turned more and more to government for answers that government has neither the right nor the capacity to provide. Unfortunately, government as an institution always tends to increase in size and power, and so government attempted to provide the answers.

    The result is a fourth branch of government added to the traditional three of executive, legislative and judicial: a vast federal bureaucracy that is now being imitated in too many states and too many cities, a bureaucracy of enormous power which determines policy to a greater extent than any of us realize, very possibly to a greater extent than our own elected representatives. And it can’t be removed from office by our votes.

    More than anything else, a new political economic mythology, widely believed by too many people, has increased government’s ability to interfere as it does in the marketplace. Profit is a dirty word, blamed for most of our social ills. In the interest of something called consumerism, free enterprise is becoming far less free. Property rights are being reduced, and even eliminated, in the name of environmental protection. It is time that a voice be raised on behalf of the 73 million independent wage earners in this country, pointing out that profit, property rights, and freedom are inseparable, and you cannot have the third unless you continue to be entitled to the first two.

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    Is the Great Reset a conspiracy theory imagining a vast left-wing plot to establish a totalitarian one-world government? No. Despite the fact that some people may have spun conspiracy theories based on it—with some reason, as we will see—the Great Reset is real.

    Indeed, just last year, Klaus Schwab, founder and executive chairman of the World Economic Forum (WEF)—a famous organization made up of the world’s political, economic, and cultural elites that meets annually in Davos, Switzerland—and Thierry Malleret, co-founder and main author of the Monthly Barometer, published a book called COVID-19: The Great Reset. In the book, they define the Great Reset as a means of addressing the “weaknesses of capitalism” that were purportedly exposed by the COVID pandemic.

    But the idea of the Great Reset goes back much further. It can be traced at least as far back as the inception of the WEF, originally founded as the European Management Forum, in 1971. In that same year, Schwab, an engineer and economist by training, published his first book, Modern Enterprise Management in Mechanical Engineering. It was in this book that Schwab first introduced the concept he would later call “stakeholder capitalism,” arguing “that the management of a modern enterprise must serve not only shareholders but all stakeholders to achieve long-term growth and prosperity.” Schwab and the WEF have promoted the idea of stakeholder capitalism ever since. They can take credit for the stakeholder and public-private partnership rhetoric and policies embraced by governments, corporations, non-governmental organizations, and international governance bodies worldwide.

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