Bitcoin/Crypto Crash Captures Headlines as Potentially More Serious Tech-Driven Debt Retreat Progresses
As much fun as it is to watch Bitcoin swoon, a more serious erosion is underway on the big tech borrowing front.
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Why American Life Expectancy is Falling Behind Globally, Falling Apart by State
The features of American life, policy, and economics are stalling out and even shortening life expectancy and what we can do to change it.
Read more...Modi Appears to Cave to Trump, Agrees to Buy Venezuela Oil in Place of Russia’s, End Tariffs on US Agriculture
What was Modi thinking? Even though Trump is surely exaggerating what his deal amounts to, it looks like a big climbdown for India.
Read more...Trump Support Negative Even Among White Working Class; Approval of His Agenda at Only 27%
Trump’s approval ratings continue to slide, even before polls register the effect of the ICE executions. But does that mater to him any more?
Read more...The US Dollar: Not a Traditional Safe Haven
Why the dollar is more of a safe haven than it might seem, despite Trump’s persistent undermining.
Read more...Defeat of the West – Michael Hudson and Lena Petrova on Davos Panic, Destruction of the EU & Economic Collapse
Michael Hudson and Lena Petrova discuss the breakdown of the US-led order, Trump’s misguided efforts to maintain primacy, and what comes next
Read more...Satyajit Das: Book Essay – Measuring Progress
Carl Benedikt Frey traces the history of technological innovation. But does that constitute progress?
Read more...Population Growth Slows to Crawl, Net Migration May Turn “Negative”: Census Bureau’s New Population Estimates
Population stagnation or even shrinkage has major implications for prospects for housing, employment, and consumer spending.
Read more...More Evidence of Destructive Deflation in China
China’s deflation crunch is getting worse.
Read more...Geopolitics as a Monetary Shock: The ‘Silent Tightening’ in the European Banking System Due to Sanctions Against Russia
Another example of Ukraine war blowback on the West: banking costs rose and lending tightened due to the sanctions on Russia.
Read more...Ukraine Hoist on Its PR Petard? Bizarre Media and Official Silence Over Humanitarian Crisis From Russian Grid Attacks, Extreme Difficulty of Rebuilding
The damage to Ukraine’s grid is already so serious and hard to remedy that its future as a failed state is close to certain.
Read more...Trump at Least for Now TACOed Over Greenland at Davos in Rambling Speech as His Poll Ratings Continue to Fall
Trump’s Greenland climbdown is yet another sign of how his derangedness is becoming more and more destabilizing.
Read more...The Great AI Displacement: Fracturing Tomorrow’s Labor Market
An industry participant debunks a paper predicting that the labor market effect of AI will be so bright that we will all have to wear shades.
Read more...“Who Gets to Decide How Much Is ‘Enough’ to Live a Good Life?”
A new climate change fix of sustainable limits bizarrely hypes that collective groups will decide, ignoring power and wealth inequality
Read more...Satyajit Das: President Trump’s Spat With the Federal Reserve Is Not About Central Bank Independence
A look at the overly-large, internally conflicted role of the Federal Reserve and Trump’s dodgy aims in trying to bring it under his control.
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