Michael Hudson: Debts That Cannot Be Paid Won’t Be
R. C. J. Cranstoun spoke with Michael Hudson on debt, rentierism, and the geopolitical rift around sanctions, energy, and the dollar system
Read more...Category Archives: Globalization
What Happens When the World’s Breadbaskets Start Failing Simultaneously?
A look at the global food system focusing on the role of breadbaskets. Many disconcerting parallels to global financial crisis risks.
Read more...Michael Hudson: Geopathology and the Econopathology Behind it
How pervasive behavioral disorders among what passes for elites are destructive not just to the social order but ultimately to them too.
Read more...The Roots of the U.S.-Russia Rivalry
A deep dive into the history of US-Russia relations.
Read more...Satyajit Das: An Emerging Market Crisis in Oil-Poor Asia?
It is no secret that most countries in Asia will be hard by the energy crunch. What can they do?
Read more...Europe Scrambles to Contain the Energy Shock
Europe expects annual energy price increases to hit 11% in May. What happens when the oil cliff fully kicks in?
Read more...How Propaganda and False Information Are Undermining Humanitarian Work
How the post-truth era makes it harder for humanitarian organizations to build trust, protect civilians, and save lives.
Read more...A New Iron Curtain Is Inevitable
European hostility towards Russia and related trouble-making have hit the point where Russian Ambassador invoked a new Iron Curtain.
Read more...When ICE Ramped Up Enforcement, US‑Born Workers Didn’t See Any Economic Gains
US natives did not see wage gains from ICE crackdowns. But the story looks more complicated than some suggest.
Read more...Satyajit Das: Book Essay: In Western Eyes – A History of the idea of the West
A treatise on what the idea of the West falls short on synthesis but still provides good grist for discussion.
Read more...And Then There Was One: The Eurasian Unity Project Runs Out of Trade Route Options as Washington Successfully Spreads Chaos
With multiple other routes coming undone Beijing ramps up efforts for a corridor through Iran and Türkiye to Europe.
Read more...Satyajit Das: The Global Economy – A Very Uncertain Future!
Satyajit Das looks at the big stressors on the global economy and find that governments will be unable to do much to alleviate them.
Read more...Macroeconomics of Tariffs with Global Production and Finance Networks
A new model that incorporates more real world factors than standard approaches finds that tariffs can do more damage than previously thought.
Read more...Interpreting Lavrov’s Proposal That India Mediate Between Iran & The Gulf Kingdoms
Russian Foreign Minister offers reminders of BRICS inability to be counterweight to US geopolitical order.
Read more...South Korea Will Remain a Key Part of the US’ Chinese Containment Plans
The US hopes South Korea and Japan will join AUKUS+ to advance its China containment schemes.
Read more...