Economic Blow Of The Coronavirus Hits America’s Already Stressed Farmers
Many farmers were struggling economically and psychologically even before coronavirus hit.
Read more...Category Archives: Doomsday scenarios
The Federal Reserve’s Coronavirus Crisis Actions, Explained (Part 6)
What the Federal Reserve has been up to lately, such as bailing out the shale gas industry.
Read more...People and Jobs? Or Wealth? The Government Has To Decide Which To Prioritise, and There Is Only One Right Answer
Why landlords, banks, and pensions need to be sacrificed to save jobs and businesses from the ravages of coronavirus.
Read more...The Eurozone in Crisis
The Eurozone, despite years of band-aids over gunshot wounds, has managed to soldier on. It may have finally met its match in the coronacrisis
Read more...The False Dawn of Ending Coronavirus Lockdowns
It would be nice if relaxing the lockdowns would solve a problem, any problem….
Read more...Tale of Two Cities Redux: HK to Ease its COVID-19 Restrictions, While NYC Situation Remains Dire
Hong Kong’s public health authorities protect its population from COVID-19, via use of masks; NYC, by contrast, flounders.
Read more...Rubbish Is Piling Up and Recycling Has Stalled – Waste Systems Must Adapt
The COVID-19 crisis has disrupted waste management, especially the EU plan to move from virgin resourcs inputs towards a circular economy.
Read more...Big Oil Fears Keystone XL Ruling Means End of Easy Pipeline Permits
Important pipeline legal ruling, plus some context: the Trump administration didn’t pioneer US policy of greenlighting oil pipelines.
Read more...More Public Pension Fund Pain: LACERS Reports Hit to Liquidity from Private Equity Capital Calls; Are Fund Managers Exploiting the Dumb Money Yet Again?
Private equity firms are sucking cash out of their limited partners at the worst possible time, exposing public pension funds in particular to liquidity crunches and fire sales.
Read more...Unemployment Effects of Stay-at-Home Orders
Why ending the lockdowns won’t do all that much to lower unemployment.
Read more...Finance Capitalism vs Industrial Capitalism: How Financial Parasites and Debt Bondage Are Destroying Us
Another Michael Hudson star turn on debt dynamics, this time focusing on the coronavirus bailouts are shoring up rentiers.
Read more...Max Blumenthal and Ben Norton With Michael Hudson: How The US Makes Countries Pay For Its Wars – Economics Of American Imperialism
Economist Michael Hudson explains how American imperialism has created a global free lunch, where the US makes foreign countries pay for its wars, and even their own occupation.
Read more...Is There Deflation or Inflation in Our Future?
We don’t have a recovery in sight, but some economists are already worried about inflation.
Read more...‘No Warming, No War’: Report Details How US Militarism and Climate Crisis Are Deeply Interwoven
“In the face of both COVID-19 and the climate crisis, we urgently need to shift from a culture of war to a culture of care.”
Read more...Max Blumenthal and Ben Norton With Michael Hudson: US Coronavirus “Bailout” Is a $6 Trillion Scam
Michael Hudson explians why the coronavirus bailouts are even more of a gimmie to the rich than they look.
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