Michael Hudson: Trump’s Balance-of-Payments War on Mexico, and the Whole World
Why US trade and economic threats against Mexico could trigger a financial/currency crisis that may propagate across the Global South
Read more...Category Archives: Globalization
How Far Will Trump Get With Shock and Awe?
Some of Trump’s first day initiatives will run into a buzz saw of legal opposition, but others on the economic warfare front seem to pack a punch.
Read more...How Trump 2.0 Could Herald a New Age of Authoritarian Capitalism
To discuss: “Trump’s weaponisation of US power poses a threat to peace, prosperity and the planet.”
Read more...Michael Hudson: Trump on Greenland, Panama and Canada
Michael Hudson on the method in Trump’s seeming madness in laying claim to Greenland, Canada, and the Panama Canal.
Read more...Closing Ranks: Organised Labour and Immigration
Quelle surprise! Historically, high levels of immigration in the US led to more union formation.
Read more...U.S. Sanctions on China’s Oil Firms Are Just the Beginning Under Trump
A discussion of some moves Trump is expected to take to try to contain China, starting with energy and avoiding use of the dollar.
Read more...Wanting More for BRICS Than BRICS Wants for Itself
More realistic takes on BRICS, including by Michael Hudson.
Read more...America’s Infrastructure Crisis: Covid’s Role in a Ticking Time Bomb
How falling levels of infrastructure maintenance are somewhat, perhaps significantly, due to Covid deaths and disability.
Read more...Weaponizing the US Dollar. Can It Work?
Michael Hudson refines and extends recent discussions on the future of the dollar, particularly under Trump, and finance-dominated capitalism
Read more...UK Economy Falters as Pound Sterling Continues to Slide
Sustained neoliberalism is exacting a toll on the UK via currency wobbles and reluctance to raise rates in the face of budget pressures.
Read more...Beware the Faux Populism of Corporate Democrats
Why the working class needs to make a hostile takeover of the Democrats.
Read more...China’s Government Bond Market Sounding Loud Deflationary Alarm. Is the Japanification China Has Warded Off Finally Arriving?
China’s investors are in freakout mode about deflation risks. Can its government turn the fundamentals around?
Read more...What Should Tesla’s Stock Be Worth? Automaker, Stagnating Vehicle Sales like GM & Ford, Getting Overtaken by Competitors, Losing Share in the Booming EV Market?
Tesla is now just ar mid-size automaker amid EV competition that is eating its lunch. What might realistic valuations mean for Musk’s clout?
Read more...Elon Musk, Taylor Swift, Antony Blinken, China, and the Idiocy of Tom Friedman
The unduly respected New York Times columnist Tom Friedman again plays ignorant American, here despite a visit to China.
Read more...Trump’s Push To Shut Down the Axis of Upheaval Starts With LNG
A new neocon scheme, reportedly with backing among incoming Trump officials, to bring Russia to its knees with improved energy sanctions.
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