THE NEW RECESSION IS ON.. WHAT TO DO?

THE NEW RECESSION IS ON.. WHAT TO DO?

Hugo  Adan  Dec 7 2018

This is my answer to:

ARE WE IN A RECESSION ALREADY?

"... the top 10% may never experience a recession that guts the bottom 90%, who depend on wages rather than earnings from capital."

My quick answer: 

YES we’re starting the 2^nd Global recession.. and this implosion has one center: the US and close NATO allies. We won’t survive the current trade war and is impossible to stop the fall of USD.. The same FINANCIAL leaders of global neoliberalism are accepting that their system is collapsing.   

Reporters said that main crypto currencies are on .. but been used only by billionaires to avoid US taxes .. Now small crypto currencies are now going up and just for workers cooperatives..

Capital and Labor use to go hand on hand to sustain the bourgeois  system (capitalism)… NOT anymore.. The labor will create their own system as happens with the Russian NEP in the last days of Lenin, or with TITO in Yugoslavia –the first one- who officially mixed socialism with Capitalism via self coup-d-etat.

We –in the US- got our 1^st experience of mixing Labor-Capital with FDR, but we didn’t got the independent political organization of the labor from the tentacles of big capital-predators. It was not the fault of FDR.. it was the error of our labor not to create its own political instruments for class liberation ..

The labor in the US and at global scale won’t make the same mistake again.. The young socialists leaders who are emerging now at global level.. are very aware of history (or getting on it).. and class liberation will happen. This new recession will be the end of Capital predators and the victory of the Labor worldwide.

“Workers United will never be defeated” use to be said by the 1^st International leaders.. but they were defeated .. until the Russian & China revolution sparked a new way of liberation .. Bud they failed too when they start a pacific coexistence with monster of Capitalism: the speculators.

We have to expropriate them if they do not accept the New Deals set by labor leaders and if they insist in prohibiting workers to have their own political instruments –new ideology included- for self- liberation.

THE 2^ND RECESSION IS ON & THE 2^ND WAVE OF NEW REVOLUTIONS IS ON TOO.

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