A Wake-Up Call on Climate Change and Clean Energy
Why 2017 could be an event horizon as far as climate change is concerned.
Read more...Category Archives: Doomsday scenarios
Wolf Richter: Job Cuts Pile Up
An increase in job cuts announced suggests an employment turning point is nigh.
Read more...Climate Change Alert: Life Is About To Get Much Worse
Updated climate models indicate that temperatures and storms will be getting much worse in the next 10-20 years.
Read more...Brexit: This is What We Call a Muppet Show
An update on the Brexit referendum.
Read more...Wolf Richter: World Trade Collapses in Dollars, Languishes in Volume
A rout in world trade that started in June 2014 shows no sign of getting better.
Read more...Bill Black: Democrats Need to Give Up Being Deficit Hawks Even When it Feels Good Politically
Why do Democrats act like Republican wannabes with deficit scaremongering? Let us count the reasons: Wall Street, Pete Peterson, hatred of the poor…
Read more...Don Quijones: Brexit Meltdown at the Bank of England
The current and former governors of the Bank of England are singing from very different hymnals on the subject of Brexit.
Read more...The Hidden Health Costs of the Global Financial Crisis
Why the hidden health cost of the financial crisis will span decades.
Read more...Misunderstanding the Great Recession
How many of the textbook explanations of the Great Depression were proven wrong, yet despite that, were misapplied to the Great Recession.
Read more...Michael Hudson and Chris Hedges: The Real World Cost of Turning Classical Economics Upside Down
Classical economics recognized the costs of rent extraction, excessive borrowing, and encouraging speculation over commerce. Ideologues have turned those lessons on their head.
Read more...The Oil and Gas Fire Sale: How Bad Will Losses to Banks and Investors Be?
Energy-bust inflicted to banks and other lenders has only just begun to bite.
Read more...Michael Hudson on Debt Deflation, the Rentier Economy, and the Coming Financial Cold War
Michael Hudson speaks with Justin Ritchie on his favorite topics, such as debt deflation, austerity, classical economists on rentiers, and the coming financial cold war.
Read more...The Refugee Crisis: A European Call for Action
A proposal for how to overcome the lack of consensus in Europe over the refugee crisis.
Read more...Reducing Carbon Emissions Won’t Halt Economic Growth
The big obstacle to reducing carbon emissions isn’t economic costs, but inertia and the impact on powerfully placed special interests.
Read more...Moodys: Public Pension Underfunding to Worsen as Returns Lag
Moodys give an update on the sorry state of public pension funds’ coffers.
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