As the rich in America get richer, the poorest fall further behind.
Thursday, June 21, 2018
Mexican Business Elite, US Government, Brace for Likely Win by Leftist Obrador as Mexico’s President
What might a win in the July 1 presidential election by the charismatic, anti-neoliberal Andres Manuel Lopez Obrado mean for Mexico and the US?
Don Quijones: How the ECB Helped Spain “Recover” Faster than Italy from the Crisis
How “financial repression,” as in negative real interest rates, whacked Italy and boosted Spain.
Bill Black: Kill the Hastert Rule – A Pedophile’s Indefensible Rule Harms America
How Democrats have failed either to oppose or capitalize on the democracy-thwarting Hastert Rule.
The World Cup: The Dismal Science and the Beautiful Game
A light-hearted economic analysis of the World Cup
2:00PM Water Cooler 6/20/2018
Patient readers, Again, I ended up writing a few mini-essays and not getting to everything else I wanted to do, so expect a bit more shortly, especially on immigration. –lambert UPDATE 3:02. All finished. By Lambert Strether of Corrente. Trade “Trump trade adviser says he has no knowledge of iPhone tariff exception” [The Hill]. “President […]
Bill Black: Bitcoin Frauds Keep Growing
Another area where bitcoin hype exceeds reality.
EU to Members: Prepare for No Deal Brexit
An official “put on your life jackets” Brexit warning.
Some Notes on Trump’s Trade War Threat
Some observations about the Trump-China spat.
2:00PM Water Cooler 6/19/2018
Today’s Water Cooler: China trade, semiconductors, mid-terms, immigration, Kobach and voting, housing, shipping, trucking “sweet spot,” Uber, Tesla, Juneteenth, Enoch Powell, F-35
US, Japan Reject G-7 Ocean Plastics Charter
Japan and the United States decline to endorse G-7 Ocean Plastics Charter– a voluntary effort inadequate to the scale of the problem but better than outright neglect.
Yanis Varoufakis: Why Germany Neither Can Nor Should Pay More To Save the Eurozone
Why Germany is not the solution to the Eurozone’s woes.
