Michael Hudson: Fed’s $10 Trillion Defends Assets of the Rich
Michael Hudson gives a detailed, if sobering, account of the outlook for the economy.
Read more...Category Archives: Doomsday scenarios
Why Did Covid-19 Spiral Out of Control?
Some Covid-19 sleuthing.
Read more...What’s the Earliest a Progressive Democrat Can Be Elected President?
Progressive pickins look mighty slim.
Read more...New Poll Says a Majority of Americans Would Privilege Slowing the Spread of COVID-19 Over Restarting the Economy (Despite the Relentless Assault of Get Back to Work, Slackers! Propaganda)
New ABC-Washington Post poll shows a majority favor halting the spread of COVID-19 over restarting the economy – despite the propaganda blitz.
Read more...Watch: This Is What It Looks Like When the Response to Protests Against Police Violence Is… More Police Violence
Compilation of footage of police response to protests in various U.S. cities over police brutality and the killing of George Floyd, plus Amnesty International condemnation.
Read more...COVID-19 Impact on the Fashion Industry: Slow Down
The pace of the wasteful fashion industry will slow as we learn to cope with COVID-19. Will sustainability become more than a buzzword?
Read more...The Federal Reserve’s Coronavirus Crisis Actions, Explained (Part 7)
This is part 7 of my ongoing coverage of the Federal Reserve’s Coronavirus actions.
Read more...Death, Suicides, And The Pandemic Economy
The data on suicides and economic distress is more muddy than you’d expect.
Read more...Heiner Flassbeck: The Euro Arrangement Is Faulty
Heiner Flassbeck shows it defies macroeconomic logic to promote surpluses for Germany, prohibit government deficits everywhere else and forbid the central bank from acting as the central bank of each Euro member.
Read more...COVID-19 Cases and Deaths Surge: The Impact of Wisconsin’s In-Person Primary Vote
Yves here. Correlation is not causation, but the Wisconsin primary looks to have ushered in more Covid-19 infections. By Phillip Alvelda. Originally published at the Institute for New Economic Thinking website The world is on edge at the prospect of a resurgent wave of infections. Models and speculation are rife, but facts remain scarce, which […]
Read more...Political Scientist Tom Ferguson on Big Money and Social Conflicts in the Covid-19 Era
An incisive take from the no-holds-barred Tom Ferguson.
Read more...What Are the Three Concurrent Crises of the Coronavirus Depression?
Past theories of crises and why they matter now.
Read more...Study: Hunters Kill Birds During Their Annual Migrations Through the East Asian-Australasian Flyway
Study: hunters slaughter birds as the undertake their annual migrations in chokepoints along the East Asian-Australasian Flyway.
Read more...Michael Hudson: Debt, Liberty and “Acts of God”
How ancient societies forgave debt that became unpayable due to circumstances outside the borrower’s control.
Read more...Food Security: Prince Charles Calls for Furloughed Workers to Pick Berries; My Thoughts as a Former Tomato Picker
Some thoughts from a former tomato picker – moi – on the call from Prince Charles for furloughed workers to help with the food harvest in Britain.
Read more...