Is the UK About to Hit the Wall?
The UK is in sorry shape…..and is looking like the canary in the economic coal mine.
Read more...Category Archives: Banking industry
The Bank of England Is Bailing Out Pension Funds, Again
So what is going on here? That’s easy to explain. Those who are criticising are looking at what is happening as economists do.
Read more...Washington, Brussels Set Sights on TurkStream Pipeline Amid Crackdown on Ankara-Moscow Cooperation
By Conor Gallagher At the beginning of this year there were four pipelines carrying natural gas from Russia to Europe, and a fifth (Nord Stream 2) was about to come online. Now Nord Stream 1 and 2 are dead, the Yamal Pipeline is closed, and the amount of gas flowing through Ukraine is greatly diminished. […]
Read more...Satyajit Das: The Financial Party Is Coming to an Abrupt End
There seems to be no escape from looming economic and financial problems, but the officialdom will do it best to delay the reckoning.
Read more...The Inevitable Financial Crisis
We’re again in the Wile E Coyote phase of a financial crisis, but this time, the real economy problems are far worse than in 2008.
Read more...Michael Hudson Discusses Debt, Financial Surveillance, the Fed and More With Ralph Nader
Michael Hudson has a wide-ranging talk with Ralph Nader.
Read more...Satyajit Das: Emerging Market Crisis Pathologies
Why emerging markets look set to suffer a world of hurt.
Read more...Using the Payments System to Enforce an Russian Oil Price Cap Likely to Cause Supply Shock
The G7 plans to use its payments system to enforce a Russian oil price cap, because that worked so well in the shock and awe sanctions.
Read more...The Russian Situation Comedy Is No Lying Matter – The Joke Is on the Office of Foreign Assets Control
How Russian comedy producers and broadcasters are laughing their way to the bank thanks to Western sanctions.
Read more...Will Europe Go Down to Defeat Before Ukraine?
Europe has succeeded in hurting itself to hurt Russia, to the degree that a full bore economic and financial crisis seems inevitable.
Read more...Joe Biden Could Have Gone a Lot Further on Student Loans
A discusson of the shortcomings of the Biden student loans foregiveness scheme.
Read more...The Bank of England Increasing Interest Rates to 4% – As Markets Expect – Could Be Enough To Bring the Whole Economy Down
The Bank of England is in “Burn the village to save it” mode via interest rate increases which do little to address the causes of inflation.
Read more...Biden’s Gimmie to the Higher Educational Complex and Well-Off, Dem Leaning Voters: The $10,000 Student Loan Writeoff
There’s a lot not to like about the Biden student loan forgiveness scheme.
Read more...Yanis Varoufakis: Inflation as a Political Power Play Gone Wrong
Looking at inflation through a class warfare lens.
Read more...Michael Hudson: American Diplomacy as a Tragic Drama
American policies have become astonishingly obvious about not simply putting the US first, but also exploiting supposed partners to do so.
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