President Joe Biden’s latest appointment to an economic advisory council appeared to claim there “is nothing better than” China’s authoritarian economic system in terms of managing market chaos, lamenting “we can’t do anything since the United States is such a free country,” The National Pulse can reveal.
The National Endowment for Democracy can claim it is in the business of democracy promotion. In reality, it does anything but that, unless “democracy” is entirely synonymous with elite U.S. interests.
When debt grows so much that people don’t believe the Treasury will pay it, they sell their bonds and buy other things, sending prices through the roof.