Michael Hudson gives a wide-ranging talk, including American policy in the post-war era, how economics ignores debt, and class warfare.
Read more...While increasing interest rates to combat this inflation is bone-headed, the Fed has long wanted to be out of super low rate terrain.
Read more...How stock price fixated management and a big expansion into financial services under Jack Welch did in the once-esteemed General Electric.
Read more...The financial press overhyped the latest Fed stabilty report’s comments on China, and ignored the near total absence of supply chain woes.
Read more...How New York City taxi drivers won a rare and much needed debt restructuring.
Read more...Famed short-seller Jim Chanos is more concerned with political fallout from China’s Evergrande than economic/financial woes.
Read more...I am very much saddened by the death of Michael M. Thomas, from old money and high finance, and vocally unimpressed by them.
Read more...Marking the 50th anniversary of the end of the Bretton Woods economic system.
Read more...Banks fund new oil pipelines that will generate climate pollution for decades. They are greenswahing their loans as ‘sustainability’ measures
Read more...The funding for shale production in the US has dried up as moneybags finally realize that there’s no profit to be had.
Read more...CalPERS is no longer being given the benefit of the doubt by the legislature, and can’t handle a request to ‘splain itself.
Read more...Michael Hudson gives another wide-ranging, tour de force interview. Enjoy!
Read more...Falling mortgage applications and rising home inventories signal a coming housing market pullback.
Read more...“We want them to go back to” a normal interest rate environment.
Read more...How World-Bank-sponsored microlending produced widespread misery in Kyrgyzstan and Kazakhstan: debt collectors use violence.
Read more...