Ilargi: 2017 – Where the Truth Lies
‘Respectable’ news outlets have been feeding their readers ‘fake news’ for years now. 2017 will see changes in the offing, as we downsize.
Read more...Category Archives: Economic fundamentals
A Battle Over American-Made Products Is Looming and Republicans Are in the Middle of It
Why “Buy American” is going to be a tough sale for Trump.
Read more...Progressives Need to Promote Deficit Spending Before Trump Makes It His Baby
The failure to do enough deficit spending is a big reason why the Democrats hemorrhaged losses. Progressives need to take up this issue.
Read more...Why Central Bank Models Failed and How to Repair Them
Why macroeconomic models perform so badly.
Read more...Chanos: Is a Big Change Underway in Global Capitalism?
Storied short seller Jim Chanos takes a long view of recent political and economic changes, including, of course, the Trump win.
Read more...Italy Announces Sketchy Plan to Bail Out Monte dei Paschi
The Monte dei Paschi domino is finally about to fall. But what does that mean in practice?
Read more...The Fundamental Flaw in Muddied Brexit Thinking
Brexit negotiators seem clueless about how to get out of their own way. Here’s why.
Read more...Bill Black: White Collar Crime Will Have a Field Day Under Trump
In this Real News Network segment, Bill Black describes why elite banksters will have a free hand if Trump gets his appointees through. Although Black focuses here on just departed Goldmanite Gary Cohn, the Democrats ought to put up a pitched battle over another Goldman alum, Steve Mnuchin, Trump’s Treasury Secretary nominee. Mnuchin is unqualified […]
Read more...Wolf Richter: Is it Just Trump Tower? Or is the Entire New York City Housing Bubble Unwinding?
To what degree is Trump Tower a canary in the coal mine for New York City’s residential real estate market?
Read more...Socio-Economic Determinants of the Italian Referendum Vote
More proof that the Italian rejection of Renzi’s constitutional reform referendum was not a simple “populist uprising”.
Read more...Bill Black: After 30 Years of Throwing Working People Under the Bus, Democratic Party’s “Centrist” Leaders Remain Clueless About Voter Revenge
The Democrats abandoned the working classes long ago and like an abusive spouse, never thought their victims would leave them.
Read more...Capitalism in the Time of Trump?
Neoliberal capitalism has led to underinvestment, lowering productivity and increasing inequality. Will Trump make things better or worse?
Read more...Michael Hudson: Economists’ Deadly but Innocuous-Seeming Proclamations
A wide-ranging interview by Michael Hudson on the mind games that economists play.
Read more...Back From Full Employment To “Inclusive Growth”
“Inclusive growth” is economics NewSpeak for pretending to be concerned about the diminished opportunities for the middle and lower classes.
Read more...Europe’s Crisis Was Caused More By Reckless Lending Than By Reckless Spending
Remedies have failed to produced growth and lower indebtedness because they’re focused on protecting toxic behavior by banks in Europe’s core
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