Turkey is entering a major crisis, which many of the media have been quick to blame on Erdogan’s nationalist inclinations. However, the crisis has much more to do with poor economic fundamentals and the lending decisions of European banks.
Read more...Debunking the petrodollar myth.
Read more...Why the currency crisis in Turkey is a due in part to the failure to take adequate corrective measures after the global financial crisis.
Read more...The Turkish lira has been under significant pressure in recent weeks. What is the EU’s exposure to possible crisis in Turkey and how should the EU react?
Read more...An examination of cryptocurrency practicalities.
Read more...How France still exerts influence over the CFA franc zone.
Read more...A high level look at the upheaval in Turkey.
Read more...The Turkish lira’s swan dive is causing all sorts of collateral damage.
Read more...Michael Hudson discusses his life as a young Communist intellectual, how he became interested in economics and finance, his life in academia, and his recent work on rentier capitalism and debt jubilees.
Read more...Michael Hudson explains why the new IMF bailout of Argentina will not end well.
Read more...The IMF is back in Argentina. The fund pretends that it’s moved away from borrower-punitive programs, but the evidence says otherwise.
Read more...Another area where bitcoin hype exceeds reality.
Read more...A skeptical look at the prospects for cryptocurrencies.
Read more...How reforms by Argentina’s President Macri helped kick off a currency crisis.
Read more...Why the self-styled reformist government in Italy is already looking like a paper tiger.
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