While Biden babbles on his Asian tour, the Russians and Chinese are taking the road that developed the western economies in the past, i.e., the American System, with regulated banking to ensure investment in physical economic production, new platforms of infrastructure, and scientific and technological progress. The choice is between the lunacy of war and neoliberal economics; or moving to a paradigm of economic cooperation among all nations. Be sure to register for the Schiller Institute online conference on May 26.
