Category Archives: Economic fundamentals

The Unforeseen Consequences Of China’s Insatiable Oil Demand

Working through the implications of China’s ever-rising energy needs.

Trump Is Giving Protectionism a Bad Name

A short overview of some protectionism successes.

Richard Murphy: Writers of Labour’s “Fiscal Rule” Lash Themselves to the Austerity Mast

Labour’s economists show their Third Way colors and advocate austerity-generating policy rules that might as well have been penned by former Treasury Secretary, later Citigroup vice chairman Bob Rubin.

Michael Hudson: Life and Thought – An Autobiography

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.

Neoliberalism Drives Climate Breakdown, Not Human Nature

Attempts by the New York Times to blame humanity as a whole for climate change let the real culprits off the hook.

3 Blokes In The Pub…Talk No Deal Brexit

Nitty gritty details of what happens with a crash-out Brexit, made accessible and even entertaining.

The Michael Hudson Report: The “Next” Financial Crisis and Public Banking as the Response

Michael Hudson explains how we’re still in the crisis that started in 2007-2008.

The Explicable Mystery of the National Debt

Why US Treasury bond issuance and Federal deficits are functionally not debt at all.

Michel Barnier Nixes Theresa May’s Customs Union Scheme as Bad Brexit Dynamics Worsen

More Brexit Groundhog Day as the EU is compelled to say the same old “nos” to the UK.

China Pumps $74B Into Banks Amid Credit Crisis

China throws some money at banks to offset the effects of its deleveraging initiative.

Brexit Crash Out Virtually Certain

Brexit uglies are only getting uglier.

Argentina 20 Years On: Has the IMF Really Changed Its Ways?

The IMF is back in Argentina. The fund pretends that it’s moved away from borrower-punitive programs, but the evidence says otherwise.

America’s Subprime Economy

This so-called expansion is more and more brought to you by subprime borrowings.

Economy of Intangibles

Has the rising role of intangibles, as in intangible assets. helped cause secular stagnation?

Trump’s Visit Marks the Start of Shock Doctrine Brexit

As Brexit approaches, the personal enrichment hopes of some of its proponents come into focus.