Gaius Publius: Considering the Coming Megadrought in the American Southwest
The megadrought is coming….and it is not pretty.
Read more...Category Archives: Doomsday scenarios
Unemployment Insurance Extension During Great Recession Did Not Destroy Jobs
Debunking the claim that extending unemployment insurance during the aftermath of the crisis was a bad idea.
Read more...Economic ‘Recovery’ Feels Weak Because the Great Recession Hasn’t Really Ended
We are not in a recovery and we’re not really in a traditional recession. People think of a business cycle, which is a boom followed by a recession and then automatic stabilizers revive the economy. But this time we can’t revive.
Read more...The IMF, Globalization, and All The Other Losers
A case for why the end of growth equals the end of all centralization, including globalization.
Read more...Michael Hoexter: A Pocket Handbook of Soft Climate Denial
More on soft climate denial: acknowledging that climate change is a serious threat but being unwilling to take sufficient steps to combat it.
Read more...The Quiet Desperation of Millennials
A new survey on the outlook of Millennials finds they are not happy campers, and for good reason.
Read more...We’re Past the Point of No Return for Climate Change
On why the case for combatting climate change is more urgent than ever, and what can be done about it.
Read more...Don Quijones: Rescue of Italy’s Monte dei Paschi Gets ‘Dark’ & ‘Complicated’
As Monte dei Paschi flounders, details of past chicanery emerge, implicating Deutsche Bank, Normura, the Bank of Italy, and Maro Draghi.
Read more...How Trump and Clinton Gave Bad Answers on US Nuclear Policy….And Why You Should Be Worried
As tensions with Russia rise, neither Presidential candidate gave a straight answer on the use of nuclear weapons.
Read more...Wolf Richter: “Negative Growth” of Real Wages is Normal for Much of the Workforce, and Getting Worse – New York Fed
The Fed ‘s creative euphemisms for how real wages are sinking for many won’t keep threats like Trump at bay.
Read more...Why a Banking Crisis in China Seems Unavoidable
Another alarm about the danger that China’s rapid increase in private debt poses to its banks.
Read more...Matthew Cunningham-Cook: A Disgusting, Child-Murdering Vote – On The $1.15 billion Saudi Arms Sale
The US continues to fund a senseless Saudi campaign of starvation against the Yemeni people
Read more...Income Inequality in a Globalising World
Absolute inequality around the world has increased, challenging the purported benefit of globalization.
Read more...The Private Debt Crisis
Why private debt is so dangerous, and why that risk looms large, particularly in China.
Read more...The Rise and Rise of the Bubble Managers
It’s becoming even more obvious that Fed policy is focused on keeping the bubble inflated over real economy concerns.
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