The Debt Explosion: How Neoliberalism Fuels Debt Crises
Radhika Desai and Michael Husdon provide a data-driven discussion of the inflating and detonation of debt bombs during the neoliberal era.
Read more...Category Archives: Economic fundamentals
Doctors Raise Alarm on Dropping Global Fertility Rate, Environmental Pollutants Cited
A new paper on dropping fertility rates urges policies to increase them, ignoring resource constraints and environment degradation.
Read more...Why the Middle Class Benefits from Inflation
Why you should be glad and learn to love inflation.
Read more...Fixing the Panama Canal
The impact of the reduction in Panama Canal capacity illustrates choices we will have to make. Some are more pro-survival than others
Read more...Thomas Friedman Is Wrong (Again) on Who Failed Peace in Israel/Palestine
US and Israeli policies sank any hope for a stable Palestinian state by intentionally sabotaging economic progress in the West Bank and Gaza.
Read more...Odds of US Bank Failures Rise with Office Space Loan Losses, Fed Interest Rate Mismanagement
US bank pain: Loans for urban office buildings come a cropper as they were already suffering other interest rate losses.
Read more...Unhappy New Year: How Austerity is Making a Comeback in Berlin and Brussels
How EU states are still trapped in their self-devised austerity hairshirt.
Read more...From the Great Divergence to South-South Divergence
A discussion of the need to replace the Great Divergence framework illustrates how economists often cling to outdated ideas.
Read more...Status of US Dollar as Global Reserve Currency and USD Exchange Rates: Long, Slow, Uneven Decline Continues
China’s renminbi keeps losing ground. But tiny “other” reserve currencies combined are taking share from the US dollar.
Read more...Prof. Michael Hudson, World Predictions for 2024 (USA, UN, Palestine, Russia And BRICS)
Michael Hudson pulls out his crystal ball to forecast what might be in store for 2024.
Read more...India’s Russian Oil Imports Helped Prevent A Global Polycrisis
India makes a bold claim about spillover benefits from having ignored Western sanctions on Russian oil.
Read more...Europe’s Bad China Bluff
A show of Europe’s leaders eyepoking China to try to shift blame for their policy failings.
Read more...Breaking News: Chinese, Iranian and Indian Warships Are Now in the Red Sea, Gulf of Aden
As the Red Sea has become a new hot spot, more countries are sending warships to prevent mischief…potentially not just from the Houthis.
Read more...World Bank Enables Private Capture of Profits, Public Resources
The World Bank insists on private finance or economic recovery but does little to ensure profit-hungry commercial finance serves the public
Read more...This Generation’s Problem: Climate Chaos
Climate-change-induced extreme events look more and more imminent.
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