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Tim Watkins

Crisis begins

For two years we have been spending more to buy less, but in the last couple of months we have switched to buying less and spending less.

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Breakdown

But by the end of 2018, all oil production was in decline. Even without the lockdowns, we would have had a recession...

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Rope-a-dope

Just like Foreman, the western states – and the US neocons in particular – have overestimated their economic and military strength...

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