The Government’s Deliberate Policy of Prejudicing the Poorest in Our Society Is Imposing Destitution on Millions
UK and US policy are mean to the poor, even though that stinginess costs all of us.
Read more...Category Archives: Credit markets
Bizarre Valedictory Interview by CalSTRS Investment Chief, Chris Ailman, Asks Private Equity to Be Nice and Share with Workers
A revealing, and not at all in a good way, discussion of private equity by departing CalSTRS Chief Investment Officer Chris Ailman.
Read more...North Ignores ‘Perfect Storm’ in Global South
The risk of rolling financial/economic crises across much of the Global South is high and the pressures seem only to be rising.
Read more...‘Rooftop Solar Is the Future, but It’s Also a Scam’
The solar panel business illustrate how corporations will always find the least acceptable solution to any problem, as they have with AI
Read more...The Debt Explosion: How Neoliberalism Fuels Debt Crises
Radhika Desai and Michael Husdon provide a data-driven discussion of the inflating and detonation of debt bombs during the neoliberal era.
Read more...Odds of US Bank Failures Rise with Office Space Loan Losses, Fed Interest Rate Mismanagement
US bank pain: Loans for urban office buildings come a cropper as they were already suffering other interest rate losses.
Read more...American Household Debt: A Reappraisal
An attempt to correct the “blame the poors” approach to the reality and systemic risk posed by debt among lower-income borrowers.
Read more...Prof. Michael Hudson, World Predictions for 2024 (USA, UN, Palestine, Russia And BRICS)
Michael Hudson pulls out his crystal ball to forecast what might be in store for 2024.
Read more...Michael Hudson: Neoliberalism, Industrial Capitalism, and the Rise of Debt
Michael Hudson reprises favorite themes, particularly the role of rentiers and debt dynamics, with some new tidbits.
Read more...World Bank Enables Private Capture of Profits, Public Resources
The World Bank insists on private finance or economic recovery but does little to ensure profit-hungry commercial finance serves the public
Read more...Is China’s Economy Collapsing? Economic War! Michael Hudson & Richard D. Wolff
A wide-ranging talk, using Western bashing of China’s economy as a point of departure.
Read more...Is American Banking Safe? You Might Not Like The Answer from Two Fed Veterans
Walker Todd and Bill Bergman expose the untold story of banking instability, regulatory battles, and the struggle to protect the public.
Read more...How Finance Capitalism Ruined the World – Dr. Michael Hudson & Dr. Steve Keen
Micheal Hudson and Steve Keen review how finance capitalism prevailed over industrial capitalism, and why that produced bad outcomes.
Read more...Comparing How the West and China Offer Loans to Developing Countries
China challenges Western institutions. Each side offers distinct and competitive lending strategies for global infrastructure and development
Read more...Could It Be the Fed’s Mega-QE Created So Much Liquidity That Tightening Doesn’t Work until this Excess Gets Burned Up?
Financial Conditions loosen further: credit markets blow off the Fed to make sure “higher for longer” gets entrenched? That would be funny.
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