Michael Hudson answers the Saker’s questions about the ramifications of Russia’s “gas only for roubles if you have been mean to us” measure.
Read more...Attempting to clear some of the fog around the Russia counter-sanction of requiring rouble payment for gas by “unfriendly nations.”
Read more...How the growth of a billionaire class is the result of policy choices.
Read more...More on the possiblity of severe blowback from sanctions against Russia in the form of trade disruption.
Read more...Billionaire money in Ukraine.
Read more...The US is gambling with its superpower status by putting its dollar hegemony in play to hurt the Russian economy.
Read more...A look at economic sanction options for Russia.
Read more...Who’d have thunk it? Advanced economies are mighty bigoted about which refugees go to the head of the line.
Read more...An increase in global financial risk causes a large and persistent widening of sovereign spreads, with the spillover effects especially pronounced for speculative-grade sovereign debt
Read more...After weeks of inaction against truckers, Trudeau invoked the After weeks of looking impotent, Trudeau invoked the Emergencies Ac to end the truckers’ protests. Was this a winning move?
Read more...Sand is back as a looming problem for shale operators.
Read more...Could a well-structured class action lawsuit either prod fashion companies to build verifiable organic cotton supply chains, or abandon their claims that they’re selling organic cotton?
Read more...A new global economic system has to be based on a key principle of Bretton Woods: multilateralism
Read more...The new Covid news isn’t better than the old Covid news, and some is actually disconcerting.
Read more...The material realities of the ocean and the workers lashing down the containers.
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