Brexit: Fear, Loathing, and Anger on Both Sides of the Channel
Politicians in the UK and the EU are virtually at each other’s throats over Brexit.
Read more...Category Archives: Doomsday scenarios
Brexit: Pulling the Signal Out of the Noise
Getting a better picture on Brexit: the underlying class and economic stresses and how that might play into what happens next.
Read more...MIchael Hudson: The Slow Crash
Michael Hudson discusses some of his favorite themes; debt deflation, the high cost of consumer debt, negative interest rates.
Read more...Brexit: The Crisis Begins
The Brexit vote was a stunning repudiation of neoliberalism and austerity. But what comes next?
Read more...The Global “New Normal” Is Not New– But It Is Still a Real Concern
Why the “new normal” is a sign that capitalism is running out of options.
Read more...IMF Warns That Inequality, Poverty, Low Productivity Growth, Falling Workforce Participation Will Drag on US Growth
The IMF has become an unlikely reporter of unpleasant realities about the US economy, particularly the costs of inequality and distress. If only its prescriptions were better….
Read more...Enforcement of Puerto Rico’s Colonial Debt Pushes Out Young Workers
Yves here. This post corrects some of the misleading accounts of the history of the Puerto Rico’s debt crisis and describes how the neoliberal remedy is producing an Ireland-style exodus of the young. By José A. Laguarta Ramírez. Originally published at Triple Crisis At least 23 of the 49 people killed in the mass shooting […]
Read more...How Financial Crises Produce Political Polarization
Financial crises move the struggles between debtors and creditors into the political sphere.
Read more...John Helmer: US Strategy for Russia – Wage War but Not Declare It
A catalogue of recent US moves to goad Russia.
Read more...Kentucky Pension Fund: “Like a 3rd World Country with 2 Different Governments Claiming Power”
Kentucky is now practicing pension fund governance at the barrel of a gun.
Read more...Chaos Theory, Shocks, and Fragility, Australia and Elsewhere
Australia and other countries had the opportunity to reduce financial fragility. They may soon discover the cost of doing too little.
Read more...Why Did 51 American State Department Officials ‘Dissent’ Against Obama and Call for Bombing Syria?
A troubling internal cable signed by a host of U.S. diplomats blames Obama for not striking Syria earlier.
Read more...Facing Up to the World’s Health Crises….and the TPP Would Make Matters Worse
The TPP threatens to undermine public health just as the world is on the verge of major health crises.
Read more...Mathew D. Rose: Brexit – The End of the Universe
Germany is determined to teach the UK a costly lesson if it dares to defy its hegemony via a Brexit.
Read more...Wolf Richter: These Debt Slaves are the Government’s Largest Asset Class, and It Will Haunt the Economy for Years
Student debt isn’t just a millstone around young people’s necks; it’s weighing down the economy.
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