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Economic Stability

The Abundance Paradigm: Why AI Forces Rethinking Money

May 10, 2026 Ellen Brown, Web of Debt. , , ,
A Universal Basic Income (UBI) has long been proposed as a way to cushion the blow of jobs lost to automation. Under that model, everyone receives a modest monthly payment – enough to cover basic needs and prevent extreme poverty. Rather than a subsistence stipend, Universal High Income (UHI) would be a level of income allowing ordinary people to live well in a world where machines do most of the work. Musk has also said that AI and robotics are the only things that can solve the massive U.S. debt crisis.

Nicaragua’s Economy ‘Weathers Multiple Shocks’ Including US Attacks

February 5, 2026 John Perry, Resumen English. , , ,
The International Monetary Fund’s new assessment of Nicaragua’s economy labels it as “strong” no fewer than 56 times. But it also shows how key factors in the country’s growing prosperity – export earnings, trade relations and remittances (money sent by Nicaraguans living abroad) are vulnerable to US attacks. The IMF points out that US sanctions – more appropriately known as unilateral coercive measures – have severely restricted the help the country gets from multilateral bodies like the World Bank. Nicaragua’s relationship with the IMF is an odd one.

How The Neocons Subverted Russia’s Financial Stabilization

September 18, 2024 Jeffrey D. Sachs, Scheer Post. , , , , ,
In 1989 I served as an advisor to the first post-communist government of Poland, and helped to devise a strategy of financial stabilization and economic transformation. My recommendations in 1989 called for large-scale Western financial support for Poland’s economy in order to prevent a runaway inflation, enable a convertible Polish currency at a stable exchange rate, and an opening of trade and investment with the countries of the European Community (now the European Union). These recommendations were heeded by the US Government, the G7, and the International Monetary Fund. Based on my advice, a $1 billion Zloty stabilization fund was established that served as the backing of Poland’s newly convertible currency.
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