Trump’s Additional 50% Tariff Against China and China’s Tit for Tat Retaliation: Trump Own-Goals Himself Into Where China Would Want Him
Some further thoughts on the radical US-destructiveness of the Trump tariff regime.
Read more...Category Archives: Currencies
Trump Deploys His Tariff Wrecking Ball; How Much Will the US Suffer Along with Most of the Rest of the World?
The latest Trump tariffs kick up the destructiveness of his administration up to a whole new level.
Read more...Trump Executive Order Calls for End of Paper Checks for Taxpayer and Government Payments by Sept. 30; Industry Official Snort About Deadline; What About User Payment Charges?
Trump has mandated a Mission Impossible: getting rid of paper checks for Treasury receipts and payments by September 30
Read more...Yanis Varoufakis: Crypto’s Role in Trump’s Economic Masterplan (With Special Emphasis on Stablecoins)
Might there be more method in Trump’s crypto and dollar madness than most assume?
Read more...US Secondary Sanctions “Have Seriously Damaged” Russia-China Bilateral Cooperation
Russian experts say US secondary sanctions are damaging Russia-China commerce. But their solutions don’t seem to be close to implementation.
Read more...Charles Kindleberger, the Dollar System, and Financial Crises
On Perry Mehrling’s Money and Empire: Charles P. Kindleberger and the Dollar System, including how some of his key ideas have been borne out.
Read more...Global Value Chains in a World of Uncertainty and Automation
Global supply chain expansion slowed to crawl speed after the 2008 crisis. But that did not translate into much reshoring.
Read more...Trump’s Shock Doctrine: Uncertainty and the Repudiation of Contracts
How Trump’s economic revolution and the uncertainty it is creating are already wreaking havoc.
Read more...James K. Galbraith Discusses His New Book, Entropy Economics, Plus DOGE, Bitcoin and Tariffs
A wide-ranging talk with Jamie Galbraith on his book, Entropy Economics, which focuses on the neglect of real resources, and recent events.
Read more...Michael Hudson: Trump’s Tariffs Could Cause Huge Global Crisis
Michael Hudson and Ben Norton take a deep dive into Trump’s contradictory and potentially disastrous economic plans, starting with tariffs.
Read more...Should the Government Be Allowed to Hold Bitcoin?
A terse debunking of the idea that governments holding Bitcoin or other private currencies is good for anyone other than their touts.
Read more...Michael Hudson: Trump’s Balance-of-Payments War on Mexico, and the Whole World
Why US trade and economic threats against Mexico could trigger a financial/currency crisis that may propagate across the Global South
Read more...How ‘Dupes’, Fast Fashion and China’s Economic Slowdown Spell Disaster for the Luxury Sector
The luxury goods market is in bad shape, an indicator of how the moderately well off and “aspirational” shoppers are under income stress.
Read more...How Trump 2.0 Could Herald a New Age of Authoritarian Capitalism
To discuss: “Trump’s weaponisation of US power poses a threat to peace, prosperity and the planet.”
Read more...mBridge, a Bank of International Settlements Project Hyped by BRICS Fans as a Way to Evade Sanctions, Shut Down
Our debunking the hype of the purported BRICS payment potential of a BIS project, mBridge, has proven to be true, and then some.
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