US Fed-Induced World Stagnation Deepens Debt Distress
US and Fed bad cooking has led to weak growth the world, and by urging poor countries to borrow at once-low rates, debt distress.
Read more...Category Archives: Income disparity
Michael Hudson: We Need a New Political Vocabulary
Yves here. Thank the persistent and very long running campaign to move the values of the US to the right for the hollowing out of the meaning of traditional political labels that Michael Hudson describes below. It can’t be said often enough that the change in the where the center was perceived to sit was […]
Read more...The New Curse of Critical Minerals
An updated look at the classic resource curse.
Read more...Project 2025 Architect Signals Bloodshed If Left Opposes Trump-Led ‘Revolution’
The “second American Revolution” underway will “remain bloodless,” said the head of Project 2025 “if the left allows it to be.”
Read more...After the European Elections: Fiscal Policy is the Elephant in the Room
Fiscal pressures are set to intensify battles among shifting European leadership groups as to how much to spend and on what.
Read more...Finance Healthcare, Not Insurance Premia
A new study finds that revenue-funded healthcare is cost-effective, efficient, and fair, while all health insurance has avoidable excess cost
Read more...Union ‘Effects’ on Hourly and Weekly Wages: A Half-Century Perspective
Even with union power diminished, union members still benefit from higher weekly pay than non-members.
Read more...The Fed’s “Chicken Run”: Why Sticking with High Rates Will Crash the Economy
How the Fed is acting like James Dean in the famous “chicken run” auto race in Rebel Without a Cause.
Read more...Analysis Shows How Surging Stock Buybacks Bolster Case for Corporate Tax Hike
The magnitude of corporate cash going to stock buybacks suggests reversing the Trump tax cuts poses little real economy risk.
Read more...Musk and Tesla: Compensation or Control?
The Elon Musk $48 Billion stock-option package and its implications for the EV transition
Read more...Power in Sovereign Debt Markets: Explaining the Uneven Debtor–Creditor Landscape and Its Implications
A long time ago, the US intervened on the side of underwater sovereign borrowers. Private creditors now extract even more than back then.
Read more...Land Grabs Squeeze Rural Poor Worldwide
Under the radar, investment funds have been buying farm land in poor countries, leading to substantial price rises.
Read more...Corporate Landlords’ Profits Soar as Tenants Drown in Rent Hikes and Fees
Cheerleading about a flat CPI ignores the housing, with tenants generally and the ones with corporate landlords not getting relief
Read more...The Russian Endgame in Ukraine and European Resistance to “Right Wing” Advances: A Thought Experiment
How the unexpected success of right wing parties in France, Germany, and Austria might be focusing a few minds about Russia.
Read more...The Desire to Be “Your Own Boss” in America
On the romance of being you own boss.
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