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...Category Archives: Currencies
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.
Read more...U.S. Sanctions on China’s Oil Firms Are Just the Beginning Under Trump
A discussion of some moves Trump is expected to take to try to contain China, starting with energy and avoiding use of the dollar.
Read more...Wanting More for BRICS Than BRICS Wants for Itself
More realistic takes on BRICS, including by Michael Hudson.
Read more...Weaponizing the US Dollar. Can It Work?
Michael Hudson refines and extends recent discussions on the future of the dollar, particularly under Trump, and finance-dominated capitalism
Read more...UK Economy Falters as Pound Sterling Continues to Slide
Sustained neoliberalism is exacting a toll on the UK via currency wobbles and reluctance to raise rates in the face of budget pressures.
Read more...Michael Hudson’s Introduction to Giorgio Buccellati’s At the Origins of Politics
Michael Hudson introduces anthropologist Giorgio Buccellati’s fascinating book on the political evolution of earlier societies.
Read more...Michael Hudson: Foreward on Schurtz’s Origins of Money
Michael Hudson explains how Heinrich Schurtz’s 1897 Origins of Money debunked neoclassical fables about how money started and developed.
Read more...“Anti-Western or Non-Western? The Nuanced Geopolitics of BRICS”
More on how much and what kind of influence BRICS might wield when it grows up.
Read more...Trump, Tariffs, Exchange Rates, and the Strong Dollar Problem: The Message of Elections in the US and Japan
Trump’s win highlights popular anger in the US, Japan, and Europe over the economy despite high stock prices and low unemployment
Read more...Trump Threatens BRICS Countries With 100% Tariffs if They Ditch the Dollar
Why Trump’s dedollarization tariff threat is much more bark than bite.
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