Category Archives: Globalization

The Gold Standard

A primer on the gold standard, including a discussion of its implications.

Elite Splits Over Ukraine Shed a Tiny Bit of Light on Factions

It is possible to infer a few things from recent Ukraine push-and-pulling, but none of it is reassuring.

The US and the Philippines’ Military Agreement Sends a Warning to China – 5 Key Things to Know

So much for the Biden commitment to XI after a 2 1/2 hour phone call to improve relations…..

The Economics of the Ukraine Proxy War with Michael Hudson and Radhika Desai

A meaty discussion of the broader implications of the war in Ukraine.

US Inflation Policies Slowing World Economy

The Fed is playing killer of the current inflation even though it isn’t set up to do so. That’s hurting a lot of innocent bystanders.

The Pentagon’s Plans for a Perpetual Three-Front “Long War” Against China and Russia

The U.S. military has made up its mind about the future in 2018.

Radhika Desai and Michael Hudson Discuss the Causes and Politicization of Inflation

Desai and Hudson debunk widely-believed, finance-and-elite-serving myths about inflation.

The Black Death May Not Have Been Spread by Rats After All

A supposedly settled fact, that rats played a huge role in the European bubonic plague outbreak called the Black Death, may be all wrong.

Collapse Revisited: Climate Change and the Development of Middle-Income Countries

Middle income countries are unwilling to put groaf on hold to blunt climate change…and they do have a point given the lack of serious plans

Economists Radhika Desai & Michael Hudson Explain Multipolarity, Decline of US Hegemony

The new year gets off to a rousing start with the launch of a new bi-weekly talk show with Radhika Desai and Michael Hudson.

Militarized Japan and the Biden-Kishida Summit Signal Moment in the New Cold War

The US is pressing an (over) eager Japan to develop offensive capabilities, with an eye to a conflict with China.

50 Years After Allende at the UN: a Corporate Triumph Named Multistakeholderism

Allende was early to warn of multinational threats to product safety, labor regulations, and other protections. Sadly corporate interests won.

BlackRock Says We’re All Doomed. It’s Being Optimistic

The world’s largest asset manager has forecast systemic economic chaos. The reality is even worse.

Worst of Europe’s Energy Crisis May Be Yet To Come

Just because the weather gods are now smiling on Europe does not mean its energy crunch is over.

The Currency Swaps Time Bomb in Global Finance – Rob Johnson

Currency swap exposures have gotten to be uncomfortably large……