What’s Different About Today’s Government Deficit and Debt?
As of today, the U.S. government’s current deficit and debt are indeed currently at unprecedented levels for peacetime—once we account for them appropriately.
1 min read
Financial Times.
Reminded me of Karl Marx's immortal New York Tribune piece on the Duchess of Sutherland, the link to which (courtesy Marxists.org) I'm attaching as well.Financial Times
Published: June 26 2009 23:32 | Last updated: June 26 2009 23:32
Two of the biggest names in the City of London had previously undisclosed links to slavery in the British colonies, documents seen by the Financial Times have revealed.
Nathan Mayer Rothschild, the banking family's 19th-century patriarch, and James William Freshfield, founder of Freshfields, the top City law firm, benefited financially from slavery, records from the National Archives show, even though both have often been portrayed as opponents of slavery.
Far from being a matter of distant history, slavery remains a highly contentious issue in the US, where Rothschild and Freshfields are both active.
Read the rest of the article (with a link to an accompanying video)