Were the Bank Bailouts the Result of Rising Wealth Concentration?
Are many of the explanations of the recent bank tsuris barkign up the wrong tree?
Read more...Category Archives: Market inefficiencies
Breached Dam, Incineration of Soil Flood East Palestine With Fresh Fears of Toxins
“I’ve had fear and now this just put the anxiety over the top,” said one local resident.
Read more...Reversing 30 Years of Damage from the Clintons, the DOJ Closes A Price-Fixing Loophole Wide Enough to Drive a Truck Through
Why are you paying so much for everything? DOJ admits that decades-old carveout allowed even non concentrated industries to effectively build cartels to coordinate prices and wages
Read more...Amid Ohio Nightmare, Rail Worker Alliance Urges All of Labor to Back Railroad Nationalization
Rather than settle for narrow reforms, rail workers are pushing for public ownership of the US railroad system, which is commonplace throughout much of the world.
Read more...Meatpacking. Healthcare. Housing Rentals. Industries Across the Board Using Tech to Fix Wages and Prices
DOJ says it’s going to crack down as lawsuits pile up against real estate Goliaths and US officially becomes a “rent-burdened nation.”
Read more...California’s Plan to Disappear the Homeless
CARE courts to force treatment on those deemed mentally ill and could result in state conservatorship.
Read more...Google’s Stock Climbed After It Fired 12,000 Employees—But What Did They Get Out of It?
Tech companeis laying off tens of thousands of employees, underscoring their fixation on short-term performance metrics.
Read more...How Wall Street Takeover of Rental Market Is Fueling the Homelessness Crisis
New lawsuits allege mega landlords are colluding to keep rents high and units vacant while also embracing surveillance tech to evict tenants.
Read more...Europe’s Wind Energy Industry Has Hit A Rough Patch
Major wind turbine makers are reporting massive losses and laying off swaths of employees due to supply chain snarls and other missteps.
Read more...The Only Crypto Story You Need? A Response to Matt Levine’s The Crypto Story
A wide-ranging discussion of why defenses of crypto don’t stand up to scrutiny.
Read more...“Lehman Event” Looms For Europe As Energy Companies Face $1.5 Trillion in Margin Calls
Why energy price spikes are threatening the financial system. And any derivatives bailout will take prescedence over businesses and housholds.
Read more...Europe’s Economic Controlled Flight Into Terrain
More on Europe’s economic suicide.
Read more...Companies Are Paying Inflation Busting Dividends at Cost to the Rest of the Economy, Including Their Employees
How companies are paying dividends rather than investing in their business or paying employees better……and often borrow to do so.
Read more...Michael Hudson on Finance Capitalism’s Self-Destructive Nature
Michael Hudson rings the changes on a favorite theme: the differences between the financial capitalism and industrial capitalism systems
Read more...What Is Really Causing Our Inflation: “Inflation in a Time of Corona and War”
Finally! Evidence-based answers to the main (policy) questions concerning the return of high inflation.
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