Day: January 15, 2022

Back to the World Bank, the multilateral lending institution surmised that with the rapid spread of the Omicron variant of COVID-19, the pandemic would likely continue to disrupt economic activity in the near term. Besides this prospect, it warned that the notable slowing down in major economies – including the United States and China, the two largest – would adversely affect external demand (exports) in emerging and developing economies.

Much of the lies and rewriting of history that feed that preference are deliberately cultivated by the trolls and hacks in print and broadcast media in the pay of those handful of families that have monopolized political power in these isles for decades and who want to keep it whatever the cost to this country and its people. Those dynasties are not only threatening to completely overwhelm the relatively few adherents of reason, democratic choice, reform, and just plain civility among the citizenry. They are also flourishing by using the ideology of dominance, repression, and exploitation that lives on in what passes for the minds not only of the ruling oligarchy but also of its benighted followers.