Will the Germans Derail the Tentative Greek Third Bailout?
Human dynamics, which over time played right into the Germans’ and other hardliners’ hands in the earlier chapters of the Greek bailout talks, may now be working against them.
Read more...Category Archives: Economic fundamentals
Turbulence and Stability in Financial Markets: China in Recent Times
China is a case study of how liberalization of financial markets has never contributed to stability.
Read more...Australian Trade Minister: TPP “Trade” Deal Unlikely
When a Liberal government in Australia won’t back Obama’s “deal is near” party line on the TPP, you know it’s on the verge of being officially dead.
Read more...Saudi Oil Strategy: Brilliant Or Suicide?
Does it make sense to look at the Saudi strategy within the oil industry alone, or do analysts need to start factoring in deflationary economic policies around the world?
Read more...Greece Says It Has Reached a Deal with Creditors; New Research Says Germany Comes Out Ahead from Lending to Greece Even with 100% Default
Greece and its creditors have reached agreement on key terms for a so-called “third bailout”
Read more...Frack Now, Pay Later: A New Era In U.S. Oil?
Oilfield services providers like Halliburton and Schlumberger are so desperate to keep the fracking party going that they are extending credit to already-levered frackers.
Read more...No, Inflation Doesn’t Erode the Burden of Debts
Inflation doesn’t reduce the burden of debt, rather it may (or may not) accompany a rise in nominal worker income.
Read more...Wolf Richter: China’s Hard Landing Suddenly Gets a Lot Rougher
Despite the 7% GDP growth published and hotly defended by the Chinese government, it is increasingly clear that the country is beset with a host of immense problems, after a debt-fueled binge of overbuilding and over-stimulating.
Read more...David Sirota: Hillary Clinton Is Running Away from Her “Free Trade” Record
Yet again, HIllary Clinton tries to distance herself from her “sell out the middle class” policies, this time on “free trade”.
Read more...Bill Black: Republican Candidates Agree that the System is Rigged for the Rich
The Republican candidates for President all made shameless appeals for even more plutocracy, in particular preferential treatment for the rich.
Read more...Grexit Stumbling Block: International Courts Likely to Rule Against Forced Contract Redenomination
If Greece decides to exit the euro and abrogate contracts, it is not likely to fare well in the tidal wave of lawsuits and arbitration cases that would ensue.
Read more...Greece’s Debt Burden Can and Must be Lightened Within the Euro
A proposal for breaking Greece’s vicious debt cycle.
Read more...China’s Stock Market Collapse
Those who are looking only at Greece and the crazy behaviour of the European Union may well be looking in the wrong direction to identify the next big crisis as it comes.
Read more...Don Quijones: Businesses Flee Catalonia, Foreign Investment Plunges, as Confrontation with Spain Comes to a Boil
The issue of Catalan independence is no longer one based on pragmatic realities; as tensions have festered, it has become an almost purely emotionally driven issue, not just in Catalonia but throughout Spain.
Read more...Campaign 2016: Where Are The Candidates On Energy?
With the 2016 campaign underway too early for comfort, some of the candidates are starting to state their energy policies.
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