Tom Ferguson and Paul Jay discuss how Democrats and Republicans distaste for accountability by finance and big corporations is playing out in the coronacrisis
Read more...Why negative interest rates were a bust.
Read more...Yves here. This short piece looks at some of the intuitions about the relationship between rising household debt levels and increasing inequality. And they sure do look to be connected! By Alina Bartscher, University of Bonn, Moritz Kuhn, Professor, Department of Economics, University of Bonn and Moritz Schularick, Professor of Economics, University of Bonn. Originally […]
Read more...Private equity turned a lot of retailers into tenants….and now landlords are a big impediment to the survival of many businesses.
Read more...Many farmers were struggling economically and psychologically even before coronavirus hit.
Read more...What the Federal Reserve has been up to lately, such as bailing out the shale gas industry.
Read more...Why landlords, banks, and pensions need to be sacrificed to save jobs and businesses from the ravages of coronavirus.
Read more...The Eurozone, despite years of band-aids over gunshot wounds, has managed to soldier on. It may have finally met its match in the coronacrisis
Read more...It would be nice if relaxing the lockdowns would solve a problem, any problem….
Read more...Why ending the lockdowns won’t do all that much to lower unemployment.
Read more...Another Michael Hudson star turn on debt dynamics, this time focusing on the coronavirus bailouts are shoring up rentiers.
Read more...Even the IMF backs the new debt put forward by Argentina. Could it be a model for Covid-shocked emerging economies?
Read more...An overview of the dislocations in the oil market.
Read more...We don’t have a recovery in sight, but some economists are already worried about inflation.
Read more...Michael Hudson explians why the coronavirus bailouts are even more of a gimmie to the rich than they look.
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