Yearly Archives: 2023

Links 10/23/2023

The Art of the Mini-Trade Deal: 2,000 Missing Variables and Counting

EU trade policy also relies to a large extent on ‘mini-deals’. The scope and the legal nature of these mini-deals vary considerably, and while most are invisible, some of them may be quite important in terms of their impact on trade.

In Which Lambert Confesses He Stans for K-Pop, and Explains Why

“I wanna know, know, know, know”

Memo on the Final Solution for One State – Israel or Palestine

Why the war between Israel and Palestine is moving towards very bad outcomes.

Links 10/22/2023

Wolf Richter: Why Longer-Dated Treasury Yields Spiked. It’s Not Magic: Yield Solves All Demand Problems

Tsunami of issuance meets Fed QT, Skittish Foreign Buyers, and US buyers demanding to be compensated for the risks of out-of-control deficits in an inflationary environment.

Israel Intends to Make Gaza Uninhabitable by Cutting Power Permanently

Israel is now making no bones about the fact that it intends to make it impossible for humans, as in Palestinians, to live in Gaza.

Links 10/21/2023

India Expected To Reject Russian Demand To Pay For Oil In Chinese Yuan

As we warned, bilateral trade, here to avoid using the dollar, is messy. Russia is balking at taking more Indian rupees in payment for oil.

2:00PM Water Cooler 10/20/2023

~ Today’s Water Cooler ~

Russia, China Unite Against US Empire

Michael Hudson on China’s wobbles, Russia-China cooperation, the revolt against colonialism and neoliberalism, and the conflict in Gaza.

Links 10/20/2023

More Good News for Cash in Europe, More Bad News for Digital Dollar in US

Recent developments suggest the trend away from cash and toward central bank digital currencies (CBDCs) may not be quite as smooth as some may have wished.