Collateral Damage From Higher Interest Rates
Why to be wary of Larry Summers selling another Volcker-type “kill the economy to save it” interest rate jihad.
Read more...Category Archives: China
Could the Ukraine Conflict Be an Opportunity for the Global South?
Many countries see the Russia challenge to Western economic dominance as an opportunity to rewrite the rules of global trade in their favor.
Read more...The Destiny of Civilization: An Interview with Michael Hudson on Economic Development, Rentierism, Debt, China
Another tour de force with Michael Hudson, covering development, rentierism, economic narratives, debt dynamics, and the rise of China.
Read more...Russia Accuses West of Trying to Replicate Ukraine Strategy in Armenia
Moscow accuses the West of using an Ukraine-style strategy in Armenia as more players enter the fold and the situation in the South Caucuses risks spiraling out of control.
Read more...A Disordered World – Part 3: Pathways
Satyajit Das’ final post on where the world order is headed.
Read more...Satyajit Das: A Disordered World – Part 2: Susceptibilities
Satyajit Das continues his tour of the breakup of the world order, here focusing on financial/economic dislocations and dysfunctional elites
Read more...Slouching Towards Reverse Colonialism
How sanctions against Russia are achieving the polar opposite of what colonialism was all about: controlling and exploiting resources.
Read more...Satyajit Das: A Disordered World – Part 1: Fracture
Satyajit Das provides a multi-facted overview of how key world structures are breaking as the US fights to preseve its imperial hold.
Read more...What U.S. Africa Command Doesn’t Want You to Know
The US is trying to pretend it’s playing a kinder, gentler military game in Africa. If so, why the need for extreme secrecy?
Read more...Biden Administration Doubles Down on Sanctions Self-Harm: China Chip Export Ban, Possible Russia Aluminum Sanctions, All Systems Still Go with Russian Oil Price Cap
The sanctions war situation has developed not necessarily to America’s advantage.
Read more...A Tale of Tier 3 Cities in China
The stock of real estate in China is now quite large for what is still a lower-middle-income country.
Read more...The Inevitable Financial Crisis
We’re again in the Wile E Coyote phase of a financial crisis, but this time, the real economy problems are far worse than in 2008.
Read more...Satyajit Das: Emerging Market Crisis Pathologies
Why emerging markets look set to suffer a world of hurt.
Read more...U.S. Senators Propose Secondary Sanctions On Russian Oil
Some US senators are pushing what looks like another sanctions own goal…..assuming it gets done.
Read more...Biden Again Indicates that US Will Defend Taiwan ‘Militarily’ – Does This Constitute a Change in Policy?
A look at how the US likes to present its role in the escalating conflict over Taiwan.
Read more...