Michael Hudson: Trump Floundering Efforts to Shore Up US Hegemony
Why Trump’s National Security Strategy and his efforts to shore up dollar dominance are proofs of weakness.
Read more...Category Archives: Credit markets
Has Public Debt Become Unmanageable?
Why alarmism about public debt is fundamentally misguided.
Read more...The U.S. Is Betting the Economy on ‘Scaling’ AI: Where Is the Intelligence When One Needs It?
A detailed discussion of how AI data-center investment boom is soking a societally and financially costly bubble
Read more...How Corporate Democrats Made Trump Possible: A 10-Year Timeline
Yes, corporate Democrats did indeed grease the skids for Trump’s presidency, but the key misdeeds go back to Obama.
Read more...Steve Keen Warns Crash of 2026 Will Be Worse Than 2008
Steve Keen was one of the few economists to predict the 2008 crisis. His call for a 2026 crash looks all too credible.
Read more...The UK Is Cursed: How Finance Destroyed Our Economy
More discussion of how the UK’s post World War II decline was a choice, due in large measure to the embrace of finance and neoliberalism.
Read more...Yet More AI Bubble Worries, Now on Debt Side, with Wall Street Journal Featuring AI Datacenter Borrowing “Frenzy”
Peeling back another layer of the AI onion, today on datacenter financing.
Read more...Why Trump’s 50 Year Mortgage Scheme Is an Even Worse Idea Than You Imagined
The Trump/Pulte 50 year mortgage scheme is indeed really bad even before getting to the fact that it would probably increase home prices.
Read more...How Neoliberalism Is Digging the Holes of Flagging, Indebted Economies Even Deeper
Indebted, low growth economies have a path for recovery. But neolibearlism stands in the way.
Read more...Wall Street Journal Insults Reader Intelligence, Depicts Lenders as Addressing Loan Risks When That Horse Has Left the Barn and Is in the Next County
The Wall Street Journal does its readers no favors in its whole-hog adoption of the fraud spin in ‘splaining high profile loan losses.
Read more...Trump Team Takes Aim at State Laws Shielding Consumers’ Credit Scores From Medical Debt
More wanton Trump Administration immiseration of the non-rich, here by blocking state efforts to bar credit reporting of medical debt.
Read more...What Does New High in US Stock Market Margin Debt Portend?
Looking at the significance, or not, of a record high in stock market margin debt.
Read more...Financial Institution Leaders Issue More Warnings of Equity Market Froth, Dodgy Debt Bombs
Financial firm heads are making admissions against interest. Further discussion of apparent and potential risks.
Read more...AI: Is it Really Different this Time?
AI is huge. But so is the hype, hocus-pocus deals, and piles of real money fortified by leverage that caused stock prices to explode.
Read more...Time Bomb: How Uninsured Stablecoins and Crypto Derivatives Threaten Financial and Economic Stability
Why stablecoins are another finanical train wreck in the making.
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