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...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...Preoccupied with ‘credibility’ and reputations, central banks are again driving the world into recession, financial turmoil and debt crises.
Read more...Satyajit Das continues his tour of the breakup of the world order, here focusing on financial/economic dislocations and dysfunctional elites
Read more...Rishi Sunak has a Mission Impossible even before getting to his bad impulses. Most countries in the West face the same long list of problems
Read more...Truss’ legacy will be one of a tanking pound, soaring inflation, and a seemingly inevitably recession.
Read more...By Conor Gallagher While incoming Italian Prime Minister Giorgia Meloni and her Brothers of Italy Party (Fdl) certainly provide plenty of nationalist and culture war sound bites, they will ultimately be forced to follow EU and NATO marching orders, or they won’t be in power very long. Now that two cabinet picks from Meloni and […]
Read more...The UK is in sorry shape…..and is looking like the canary in the economic coal mine.
Read more...By Conor Gallagher At the beginning of this year there were four pipelines carrying natural gas from Russia to Europe, and a fifth (Nord Stream 2) was about to come online. Now Nord Stream 1 and 2 are dead, the Yamal Pipeline is closed, and the amount of gas flowing through Ukraine is greatly diminished. […]
Read more...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...Conor: Germany’s swift demise reminds me of the German intelligence agent Bachmann in “A Most Wanted Man.” He’s led to believe he’s operating on an equal level with CIA and British intelligence only to realize too late he was being played the whole time. Hudson gets to the bottom of what Germany’s downfall will mean […]
Read more...Russia is almost required, if nothing else for domestic political reasons, to Do Something about the Nord Stream attacks. But what exactly?
Read more...Turnout in Italy’s election was the lowest since WWII as voters lose faith in a system unable to reverse a declining standard of living.
Read more...Why emerging markets look set to suffer a world of hurt.
Read more...Michael Hudson gives a newswap with Ben Norton: student debt forgiveness, inflation, Ukraine, dollar rows, and the death of the Queen
Read more...If China intends to cov the West, it needs to pick things it could do that would incur real damage. Selling Treasuries it not that.
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