Category Archives: Banking industry

Global Economy’s Momentous Shift and Monumental Inequality

An in-depth yet lively debunking by Richard Wolff and Michael Hudson of Panglossian depictions of the state of the US economy and society.

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Odds of US Bank Failures Rise with Office Space Loan Losses, Fed Interest Rate Mismanagement

US bank pain: Loans for urban office buildings come a cropper as they were already suffering other interest rate losses.

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Prof. Michael Hudson, World Predictions for 2024 (USA, UN, Palestine, Russia And BRICS)

Michael Hudson pulls out his crystal ball to forecast what might be in store for 2024.

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Michael Hudson: Neoliberalism, Industrial Capitalism, and the Rise of Debt

Michael Hudson reprises favorite themes, particularly the role of rentiers and debt dynamics, with some new tidbits.

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