South America and Syria have been the two main scenarios of a week in which both the path of Brexit seems to be cleared out and the recession is flashing its teeth more violently than announced.
Month: October 2019
We arrived at this weekend with a Brexit agreement pending approval by the British parliament, a Turkish truce awaiting reciprocation by the PKK-YPG and a call for a general strike in Catalonia which, in the lack of common interests between nationalism and the workers, has become a lockout.
This week’s big picture is the beginning of a real general offensive… not on the Syrian-Turkish border, but all over the world. A recession is coming and every national capital wants to arrive with the best possible cards. That means with the greatest capacities both to face its external rivals, and to increase our exploitation in absolute terms.
As scheduled, this week was a stroll of commemorations: from the Catalan independentist petty bourgeoisie to the Chinese state bourgeoisie. The economic and political reality, but also the class struggle, have imposed on them, however, a very different everyday.
European stocks are bordering on a crash situation. In Spain the day opened with a sudden downturn in employment this September… despite European tourists delaying their holidays. Around the world, the worst oil production figures in 16 years and the stagnation of world trade (1.2%) speak of a productive engine unable to rev up or even keep up its rhythm. In Europe as a whole, industrial production has been at its worst since 2012. The first victim: Germany. Economic activity figures for 2019 have fallen so low that Germans coined the term “mini-growth” to describe the aggregate result.