De-risking Downsides
The EU starts a trade war with China. Like the “de-risking” from Russia, the US is once again poised to be the main beneficiary.
Read more...Category Archives: Globalization
Satyajit Das: US Presidential Politics – The More They Bicker, the More They Stay the Same
US presidential candidates promise policy choices but have little room to manoeuvre. Ergo, politics turns into a contest like American Idol
Read more...The Sanctions Poison Pill in Putin’s Peace Offer
A discussion of Putin including a not-much-discussed deal term that the West will never accept: sanctions relief.
Read more...Rob Urie: Failed US Economic Policies Lie Behind Current Geopolitical Tensions
How US fealty to neoliberalism undermined its economy. And why China’s choices are not likely to produce happy outcomes.
Read more...Richard D. Wolff & Michael Hudson: Middle East Exploding, Ukraine Crumbling! The US Take Action?
Michael Hudson recounts how he was there when the US decided to rely on proxies like Israel and Ukraine after the draft become a third rail.
Read more...Interview with Richard Eskow: ‘Putin, Ukraine and War’
As the prospects for war ratchet up, will U.S. elites stand down? A discussion with Richard (RJ) Eskow.
Read more...Richard Wolff and Michael Hudson: West’s Colossal Failure: Peace Summit in Switzerland, US Decline, Rise of BRICS
Michael Hudson and Richard Wolff, in fine form, discuss the remarkable US success in driving its strategic rivals into alliances.
Read more...Brown Bananas, Crowded Ports, Empty Shelves: What to Expect if There’s a Big Dockworkers Strike in the US
East and Gulf coast dockworkers are about to strike against low wages, unsafe working conditions and the threat of automation while the ruling class demands Collective Biden to intervene.
Read more...Indian Foreign Minister Throws Cold Water on the Idea of a BRICS Currency
The Indian foreign minister make fatal (at least for now) objections to the idea of a BRICS currency.
Read more...Who Holds All These US Treasuries? Update on the Investors in the Ballooning US National Debt in Q2
As the Fed unloads Treasuries, others are purchasing them…including foreign central banks.
Read more...Big Ag’s Road to Brazil
DeSmog re-launches investigative series to track agribusiness’ influence over climate and nature policy in a critical year for decisions on the future of food and farming.
Read more...How the “Rules-Based International Order” Uses Humanitarianism to Turn Refugees Into Disposable Migrant Labor
Book review: “Human Capital: A History of Putting Refugees to Work” by Laura Robson.
Read more...The West’s Blunders Help Fuel Russia’s Far East Development
A tip of the cap to the geniuses at the US State Department.
Read more...Is US Policy Saving the Dollar or Destroying It?
How the global economy is being restructured, in no small measure due to inept, self-destructive policy moves that undermine dollar use in trade.
Read more...Putin Calls for Sanctions Revenge, Threatens to Cap Uranium Exports
Russia is considering restricting commodities exports such as uranium to what it has called “unfriendly” countries.
Read more...