Financial Crises and Tax Havens
Tax havens not only facilitate tax evasion and corruption in ‘normal times’, they also harbour funds during economic crises, slowing down recovery.
Read more...Tax havens not only facilitate tax evasion and corruption in ‘normal times’, they also harbour funds during economic crises, slowing down recovery.
Read more...Michael Hudson in a bracing talk, including history of crises, the role of debt, and how ancient Greek and Roman law promoted inequality
Read more...The ongoing drama between Budapest and Brussels over Ukraine and the “rule of law” is really about who gets to control Hungary.
Read more...An in-depth yet lively debunking by Richard Wolff and Michael Hudson of Panglossian depictions of the state of the US economy and society.
Read more...Radhika Desai and Michael Husdon provide a data-driven discussion of the inflating and detonation of debt bombs during the neoliberal era.
Read more...US bank pain: Loans for urban office buildings come a cropper as they were already suffering other interest rate losses.
Read more...Addressing wide-of-the-mark commentary on the latest too-clever Western idea. of stealing the $300 billion in Russian central bank assets.
Read more...An attempt to correct the “blame the poors” approach to the reality and systemic risk posed by debt among lower-income borrowers.
Read more...Michael Hudson pulls out his crystal ball to forecast what might be in store for 2024.
Read more...Michael Hudson reprises favorite themes, particularly the role of rentiers and debt dynamics, with some new tidbits.
Read more...Examining the moments and people that helped fuse the US state, economy, and organized crime into one indistinguishable entity.
Read more...The World Bank insists on private finance or economic recovery but does little to ensure profit-hungry commercial finance serves the public
Read more...Russia is presumably thinking hard about not just how to conclude the war in Ukraine, but what happens the morning after.
Read more...The survival of the euro has come at the cost of Europe’s permanent stagnation and continuing fragmentation
Read more...With the Fed raising interest rates, IMF surcharges worsen debt distress in the global South, increasing poverty worldwide.
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