Garden variety investors, including retail, are signing up to insure climate change and other disaster risk via catastrophe bonds.
Read more...Struggling Del Monte Foods keeled over due to its exposure to steel and aluminum cost increases from ‘Trump’s tariffs.
Read more...Trump is fighting another war he can’t win: trying to use interest rates to counter the inflation created by his yawning fiscal deficits.
Read more...Michael Hudson, expanding on his seminal work Super Imperialism, chroniciles the rise and in-process decline of US financial hegemony.
Read more...Michael Hudson: War on Iran is part of the US empire’s effort to re-impose its dominance on the global political and financial system
Read more...A detailed, yet still softball, take on how climate change damage will wreck property values and much of what passes for an economy
Read more...An orthodox economist describes inconsistencies in rating agencies’ approach to downgrading US debt and their view of reserve currency status
Read more...It can’t be said too often: what most economists call growth is too often what we here call groaf.
Read more...Trump does have a plan to shore up America”s flagging power, even if, when you put the pieces together, it does not make much sense.
Read more...While there are things the debt-addled West can learn from Japan, the dirty secret is they were in some key ways in better shape than we are.
Read more...In Treasury markets, there are no libertarians, only grateful recipients of single-payer insurance for ailing financiers.
Read more...On the long-standing religious and ethical proscriptions against usury, and how and why the Catholic Church rebranded it as interest.
Read more...A wide ranging talk that corrects the record about banking, such as the the Catholic Church, as opposed to Jews, being the prime mover
Read more...A look at two factoids in a new Martin Wolf article illustrate why our economic mess seems intractable….and not just for the feckless US.
Read more...Why the downside to Trump economic policies are far greater than the press and pundit class are willing to acknowledge.
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