Syriza thought that the economy (and the world) would stand still and wait for them to convince everybody else about the righteousness of their views – without ever getting into negotiating on the details. Rightly or wrongly, this didn’t happen.
Read more...How arrogant ignorance has squandered the US position of world leadership.
Read more...Elizabeth Warren calls for a full bore attack on out of control college education costs.
Read more...China’s oil consumption is a bigger part of global demand than most analysts acknowledge. A slowdown in buying after China stopped stockpiling diesel for the summer Olympics was a proximate cause of the 2008 oil bust. China is again in a stockpiling phase, which could precede another not-well-anticipated demand drop.
Read more...Bill Black flags a new stunning bit of bank propaganda, that risk is an unavoidable natural condition that is futile for regulators to control.
Read more...Greece’s creditors are not pleased, and perhaps more important, the Greek government has lost one of its few remaining advocates, Jean-Claude Juncker of the European Commission. The Eurocrats are finally waking up to the degree to which the two sides have talking past each other. The implication is that it is far less likely than they had believed.
Read more...Limiting greenhouse gas production requires more radical measures to reduce fossil fuel use, and that means on production as well.
Read more...Debunking “free trade” and other spurious defenses of the multinational enrichment, democracy stripmining programs known as the Trade in Services Agreement, the TransPacific Partnership, and the Transatlantic Trade and Investment Partnership.
Read more...Consensus decision-making, a process in which groups come to agreement without voting, has been a central feature of direct action movements for nearly 40 years. It has also not worked very well.
Read more...Having the US do the cleanup on FIFA exposes how lax prosecutors were elsewhere, above all in Germany and Switzerland.
Read more...As we’ve said, Greece’s creditors are continuing to demand that Greece give in on the two key sticking points in negotiations, that of pension and labor market “reform”
Read more...America’s current leadership has failed to grasp the significance of a radical global change underway inside the Eurasian land mass. If China succeeds in linking its rising industries to the vast natural resources of the Eurasian heartland, then quite possibly, as Sir Halford Mackinder predicted on that cold London night in 1904, “the empire of the world would be in sight.”
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