How Trump 2.0 Could Herald a New Age of Authoritarian Capitalism
To discuss: “Trump’s weaponisation of US power poses a threat to peace, prosperity and the planet.”
Read more...Category Archives: Economic fundamentals
The Next Unwind of Social Guarantees: Home and Medical Insurance
A Wall Street Journal column suggests that elite conventional wisdom favors more gutting of medical and home insurance as unduly “socialized”
Read more...There’s No Growth, so What Should Labour Do?
Labour’s dilemma — which has parallels in other countries — leads to vague aspirations that are almost meaningless, and probably undeliverable. So, what should it do?
Read more...Michael Hudson: Trump on Greenland, Panama and Canada
Michael Hudson on the method in Trump’s seeming madness in laying claim to Greenland, Canada, and the Panama Canal.
Read more...Actuaries and Scientists Warn Climate Shocks Risk ‘Planetary Insolvency’ as Power Struggles About How to Rebuild LA Begin
A new report shows a 50% GDP fall from 2070 to 2090 due to climate change. Los Angeles gives a taste of coming struggles about what to do.
Read more...James Galbraith: How the Fed Became Less Powerful Despite Weakened Congressional Oversight
Fifty years ago the actions of the Fed mattered. Today, as far the aggregate measures of America’s domestic economy go, they do not.
Read more...U.S. Sanctions on China’s Oil Firms Are Just the Beginning Under Trump
A discussion of some moves Trump is expected to take to try to contain China, starting with energy and avoiding use of the dollar.
Read more...Wanting More for BRICS Than BRICS Wants for Itself
More realistic takes on BRICS, including by Michael Hudson.
Read more...Is Capitalism Falling Out of Favor? We Analyzed 400,000 News Stories to Find Out
On the fundamental flaws in a study meant to assess the popularity, or lack thereof, of capitalism in the US.
Read more...America’s Infrastructure Crisis: Covid’s Role in a Ticking Time Bomb
How falling levels of infrastructure maintenance are somewhat, perhaps significantly, due to Covid deaths and disability.
Read more...Rebuilding Rate for Santa Cruz Mountains Lightning Complex Fire Bodes Ill for Los Angeles Reconstruction, Even Before Getting to Insolvency of California State FAIR Plan Wildfire Insurance
The pace of rebuilding after the Santa Cruz Mountains wildfire in 2000 bodes ill for the likely speed of Los Angeles reconstruction.
Read more...Weaponizing the US Dollar. Can It Work?
Michael Hudson refines and extends recent discussions on the future of the dollar, particularly under Trump, and finance-dominated capitalism
Read more...UK Economy Falters as Pound Sterling Continues to Slide
Sustained neoliberalism is exacting a toll on the UK via currency wobbles and reluctance to raise rates in the face of budget pressures.
Read more...Yanis Varoufakis: What to Watch Out for in the Unfolding Palestinian Genocide
Yanis Varoufakis contends that even though Israel’s genocide in Gaza looks unstoppable, that the costs to Israel will keep rising.
Read more...China’s Government Bond Market Sounding Loud Deflationary Alarm. Is the Japanification China Has Warded Off Finally Arriving?
China’s investors are in freakout mode about deflation risks. Can its government turn the fundamentals around?
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