Saturday, February 28, 2026

The revolutionaries of the 19th Century in Europe: Marx and Engels

According to Karl Marx's theory of historical materialism, societies pass through Six Stages — 1) Primitive Communism 2) Slave Society 3) Feudalism 4) Capitalism 5) Socialism and finally 6) Global Stateless Communism.

The Communist Manifesto, originally the Manifesto of the Communist Party, is a political pamphlet written by Karl Marx and Friedrich Engels. It was commissioned by the Communist League and published in London.

Karl Marx and Friedrich Engels published their work in German in London in February 1848. 

While they commissioned and wrote the text, Marx and Engels were not present at the publication, as they were active in revolutionary movements elsewhere, with Marx being expelled from Belgium around the same time

The word "communism" was coined around 1840 in Paris, France. It emerged from French revolutionary, utopian, and socialist circles (such as those around Étienne Cabet) to describe a society based on common ownership. 

Monday, February 16, 2026

Americans are paying 94% for Trump's Tarfifs' hoax

The 47th and 25th presidents of the United States 

A study by the New York Federal Reserve Bank of New York and Columbia University found that, from January 2024 to November 2025, the bulk of the tariff costs was borne by US firms and consumers.

In the first eight months of 2025, 94% of the tariff incidence was borne by the United States, they said.

“In sum, US firms and consumers continue to bear the bulk of the economic burden of the high tariffs imposed in 2025,” the study found.

Results were published February 12, 2026

Who Is Paying for the 2025 U.S. Tariffs?

“I am a Tariff Man,” Trump tweeted in 2018. “When people or countries come in to raid the great wealth of our Nation, I want them to pay for the privilege of doing so.”

According to the Commerce Department report released on February 20, 2026, the U.S. economy grew at an annual rate of 1.4% in the fourth quarter of 2025.

Donald Trump told the World Economic Forum in Davos in January: Growth is exploding, Productivity is surging, Investment is soaring...we are the hottest countries anywhere in the world."    

New York Times Feb 19, 2026

"U.S. Imports Grew in 2025, as Trump’s Tariffs Reshuffled Global Trade

Data released Thursday by the Census Bureau showed the overall trade deficit with the world narrowed, the result of an expanding trade surplus in services. The trade deficit in goods was the highest on record..."

Growth in manufacturing output also hasn’t yet translated into more jobs. American manufacturers cut more than 80,000 jobs in the past year. The president has ignored any data that does not fit his message. This past week, Mr. Trump had claimed on Truth Social that the trade deficit had “BEEN REDUCED BY 78% BECAUSE OF THE TARIFFS BEING CHARGED TO OTHER COMPANIES AND COUNTRIES. IT WILL GO INTO POSITIVE TERRITORY DURING THIS YEAR, FOR THE FIRST TIME IN MANY DECADES.

The newspaper says  "It’s not clear what metrics the president was referring to, and the White House did not clarify."

On Friday, after the slapdown on tariffs by the Supreme Court, Trump signed a temporary 10% duty on imports under the Trade Act of 1974, which allows the president to set import restrictions for up to 150 days. Later Friday, the Wizard of Tariffs decided to jack them up to 15%.

Thursday, January 29, 2026

Leprechaun Economics with Ireland at top FDI in US but a tax haven can fall for a mirage


Foreign multinationals paid roughly 88% of all Irish corporate tax in 2024, with the top 10 firms contributing over half of the total.

The real Irish GDP Per Capita in 2024 was at €40,000, similar to Italy.    

Ireland: 5th source of US FDI: tax inversions + small number of Irish firms

Gross Domestic Product (GDP) is the total monetary value of all final goods and services produced within a country's borders during a specific period, typically a year or quarter. 

It acts as a primary indicator of a nation's economic health, measuring size, growth rate, and overall economic activity.

Let's ignore the Duchy of Luxembourg, where near 50% of the workforce comes from adjacent countries. The population is almost 700,000 people.

Ireland has 2 Annual GDP Per Capita Results: 

In 2024, the level was ILLION.108.9K per US dollar /  €104.6 K per euro. It, in effect, was at the top.

1) The Main Annual Accounts include tax haven data for international consumption: €562.8 billion 

2) The Second set of Annual Accounts includes: €321.1 billion

The Modified GNI (GNI*), including:

  • factor income of Redomiciled Companies
  • depreciation on R&D Service Imports and Trade in Intellectual Property (IP)
  • depreciation on Aircraft Leasing
 Per Capita was €59,000, but there is another fiction (see below further).



Europe is home to 6 of the globe’s top 10 tax havens, and Ireland tops the list

In 2024, Ireland recorded the highest value of EU exports of services to non-member countries, reaching €334 billion????

Tuesday, January 06, 2026

A banana republic with nukes: Trump says he will move on Greenland "whether they like it or not" — Beware of him and his Cronies

President Donald Trump holds a press conference following a U.S. strike on Venezuela, where President Nicolás Maduro and his wife, Cilia Flores, were captured on January 3, 2026.

Relating to China, Iran and Russia's involvement in the oil industry in Venezuela,  Trump said, "All of these actions were in gross violation of the core principles of American foreign policy, dating back more than two centuries."

"All the way back, dated to the Monroe Doctrine. The Monroe Doctrine is a significant development, but it has been superseded substantially."

"They now call it the Donroe Doctrine," Trump said. 

Friday, January 02, 2026

Ireland's Foreign—Born Population at 26% in the year of centerary of 1926 Census

The National Archives will make the entire 1926 census, comprising over 700,000 individual household returns, freely available
National Archives: The 1926 Census with over 700,000 individual household returns
The first Census of the Irish Free State (Saorstát Eireann)

The first census of the Irish Free State, taken on April 18, 1926, recorded a total population of 2,971,992 persons. 

This figure represented a population decrease of 5.3% from the last all-Ireland census in 1911, under British rule. The data from the 1926 census provides a detailed snapshot of the newly independent nation, with statistics on various aspects of life.

The 1922 establishment of the Irish Free State marked the first significant self-rule for most of Ireland since the English conquest, following centuries of domination, culminating in defeat at Kinsale in 1601 during the Nine Years' War, which ended Gaelic Ireland's last major resistance against English rule, paving the way for English colonisation.

It was 321 bitter years of English/British rule over the Irish, spanning from the defeat at Kinsale to the establishment of the Irish Free State in 1922.


Kinsale, Ireland, became a medieval walled town in the 13th century under Anglo-Norman control, strategically built around a sheltered harbour for trade, defence, and customs collection.






In 1926, the first Census of the Irish Free State recorded a Foreign—Born population of approximately 67,076 people, representing 2.5% of the total population.