Trump Support Negative Even Among White Working Class; Approval of His Agenda at Only 27%
Trump’s approval ratings continue to slide, even before polls register the effect of the ICE executions. But does that mater to him any more?
Read more...Category Archives: Economic fundamentals
The US Dollar: Not a Traditional Safe Haven
Why the dollar is more of a safe haven than it might seem, despite Trump’s persistent undermining.
Read more...Defeat of the West – Michael Hudson and Lena Petrova on Davos Panic, Destruction of the EU & Economic Collapse
Michael Hudson and Lena Petrova discuss the breakdown of the US-led order, Trump’s misguided efforts to maintain primacy, and what comes next
Read more...Satyajit Das: Book Essay – Measuring Progress
Carl Benedikt Frey traces the history of technological innovation. But does that constitute progress?
Read more...Population Growth Slows to Crawl, Net Migration May Turn “Negative”: Census Bureau’s New Population Estimates
Population stagnation or even shrinkage has major implications for prospects for housing, employment, and consumer spending.
Read more...More Evidence of Destructive Deflation in China
China’s deflation crunch is getting worse.
Read more...Geopolitics as a Monetary Shock: The ‘Silent Tightening’ in the European Banking System Due to Sanctions Against Russia
Another example of Ukraine war blowback on the West: banking costs rose and lending tightened due to the sanctions on Russia.
Read more...Ukraine Hoist on Its PR Petard? Bizarre Media and Official Silence Over Humanitarian Crisis From Russian Grid Attacks, Extreme Difficulty of Rebuilding
The damage to Ukraine’s grid is already so serious and hard to remedy that its future as a failed state is close to certain.
Read more...Trump at Least for Now TACOed Over Greenland at Davos in Rambling Speech as His Poll Ratings Continue to Fall
Trump’s Greenland climbdown is yet another sign of how his derangedness is becoming more and more destabilizing.
Read more...The Great AI Displacement: Fracturing Tomorrow’s Labor Market
An industry participant debunks a paper predicting that the labor market effect of AI will be so bright that we will all have to wear shades.
Read more...“Who Gets to Decide How Much Is ‘Enough’ to Live a Good Life?”
A new climate change fix of sustainable limits bizarrely hypes that collective groups will decide, ignoring power and wealth inequality
Read more...Satyajit Das: President Trump’s Spat With the Federal Reserve Is Not About Central Bank Independence
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...Capital Dividing Lines in the New Police State. Are We Approaching Reconciliation?
ICE Nation is good for surveillance tech and private prisons. Not so much for other sectors—but is there a plan in place to make them whole again?
Read more...Europe Can Impose Costs on Trump Over Greenland, But Looks Too Craven To Try
Though it seems highly unlikely given weak and incompetent leadership in Europe, it has cards to play to stymie Trump’s Greenland grab.
Read more...Trump’s “Fix Affordability” 10% Credit Card Interest Rate Cap: A Gimmick, Not a Solution (and It Won’t Happen Anyhow)
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 […]
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