A look at the overly-large, internally conflicted role of the Federal Reserve and Trump’s dodgy aims in trying to bring it under his control.
Read more...More on the prospects for the dollar. Even under Trump, it remains the cleanest shirt in the laundry bin.
Read more...It has gotten through to Trump that the state of the economy, and particularly consumer suffering from persistently high costs, aka the affordability crisis, can’t be solved by his barker’s patter about how great things are. So he’s roused himself to try to find some quick and easy wins so he can present himself as […]
Read more...Trump pursues another own goal by escalating with Fed chair Powell over his refusal to lower interest rates by launching a criminal probe.
Read more...Unpacking the much-ado-about-nothing over year-end use of the Fed’s pet liquidity-providing mechanism, its standing repo facility.
Read more...An in-depth article from a leftist vantage on China’s extensive involvement in Africa finds that it has been a net negative for development
Read more...The popular press is whistling past the graveyard of AI systemic risk even as heavyweight experts warn more needs to be done.
Read more...Shadow banks, rebranded as anodyne “non-bank financial institutions” are larger than ever and pose a threat in a new financial crisis
Read more...Why Trump’s National Security Strategy and his efforts to shore up dollar dominance are proofs of weakness.
Read more...Why alarmism about public debt is fundamentally misguided.
Read more...A detailed discussion of how AI data-center investment boom is soking a societally and financially costly bubble
Read more...Yes, corporate Democrats did indeed grease the skids for Trump’s presidency, but the key misdeeds go back to Obama.
Read more...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...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...Peeling back another layer of the AI onion, today on datacenter financing.
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