Michael Hudson: A BRICS+ Bank: How Would It Really Function?
Michael Hudson clears up some of the considerable confusion about what a new BRICS “currency” would amount to.
Read more...Michael Hudson clears up some of the considerable confusion about what a new BRICS “currency” would amount to.
Read more...A recent report on conditions in Ukraine paints a more dire picture than your humble blogger had imagined, and I have an active imagination.
Read more...A no-holds-barred critique of BRICS as mainly aspiring to participate in in current organizations, rather than a create new ones.
Read more...The hyping of Ukraine rebuilding is at least as delusional as the earlier war talk.
Read more...The “liquidity” support provided by the Fed to megabanks through cross-border lending in fact acted as subsidies.
Read more...Institutional design does matter in determining the international credibility of a currency.
Read more...Danny Haiphong talks to Michael Hudson and Pepe Escobar about hot mulitipolarity topics, particularly BRICS and its “currency” plans
Read more...BRICS is set to add important new members…but will their diversity complicate coming to common policy stances?
Read more...A recent paper in a Russian economics journal confirms that there is no simple way out of the dollar hegemony box.
Read more...Yves here. We’re featuring a post from openDemocracy on Argentina’s primary results that had far-right candidate Javier Milei beating the candidates of the two parties that have been in power for two decades. The post is telling, and not in a good way. Milei does advocate extreme views (not that he can go as far […]
Read more...Yet more evidence that the BRICS aren’t ready to launch a serious anti-dollar/new currency regime.
Read more...ichael Hudson on topics old and new: the role of debt in rentier extraction and US hegemony, and the prosepcts for the dollar and BRICS.
Read more...Individuals can fail upwards, but organizations? NATO not been up to the task of propping up Ukraine, but the US wants to aim it at China.
Read more...Russia is dialing down expectations for big BRICS developments at a late August summit.
Read more...Quelle surprise! China and India have different economic interests, which means they have diverging visions for BRICS development.
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