Deflation Denialism: No, Chancellor, 0.5% Inflation is Not “Welcome News”
What is deflation? What has caused inflation to fall? And why is there no such thing as ‘good deflation’?
Read more...Category Archives: Doomsday scenarios
Puerto Rico Defaults a Second Time; Claims of “Scheming” Designed to Crush Island Citizens
Puerto Rico fails to pay $37.3 million in bonds due today. While investors and analysts call it a bluff, the stakes are quite real.
Read more...Private Equity Made Bad Bet on Ships, Hit by Collapse in China Trade
Private equity’s misadventure in ships is yet another proof of both hubris and too much money looking for deals.
Read more...Louis Proyect: Greece as Rashomon
Like Akira Kurosawa’s “Rashomon”, the story of Syriza is also one about a rape told from different, self-serving and contradictory perspectives.
Read more...Ilargi: 2016 Is An Easy Year To Predict
Deflation will become an even more powerful and destructive force in 2016.
Read more...10 Foods That May Disappear Thanks to Climate Change
If you think climate change will help food production, think again. Many of the foods under threat are dietary staples.
Read more...How Prefunding Retiree Health Benefits Impacts the Postal Service’s Bottom Line – and How Brookings Got it Wrong
Exposing the serious numerical and conceptual flaws of yet another study that uses the trumped-up claim that the Postal Service is trouble to justify dismembering it.
Read more...Will China Be the Enforcer of the Paris Climate Agreement?
Yves here. While China has made impressive strides in technologies that reduce carbon emissions, I have trouble squaring that with their plans to build more coal-fired electricity generating plants. By Gaius Publius, a professional writer living on the West Coast of the United States and frequent contributor to DownWithTyranny, digby, Truthout, and Naked Capitalism. Follow […]
Read more...Why We Brits Should Vote for Brexit
Why England would be better served by leaving the European Union.
Read more...Ilargi: Marine Le Pen Will Reap What The EU Has Sown
Thanks to EU and Eurozone misrule, Le Pen is right when she says: “Nothing can stop us”.
Read more...Debunking “The Big Short”: How Michael Lewis Turned the Real Villains of the Crisis into Heroes
How Michael Lewis’ The Big Short, whether for profit or by accident, has denied the public the truth about what really causes the crisis.
Read more...Ilargi: CON21
To halt the demise of the planet, you can’t rely on the same people who cause it.
Read more...US Life Expectancy Flat for Third Year
The fact that life expectancy in the US is no longer rising, in a time of economic growth, is yet another sign of underlying societal decay.
Read more...Gauis Publius: Making the US a Petro-State – White House Keeps Alive GOP Hopes for Lifting the Oil Export Ban
Why lifting the oil export ban is “appeasement” of Big Oil and needs to be stopped.
Read more...Timothy Geithner Corrupting Youth, Um, Telling His Version of the Crisis
In case living through the crisis and its aftermath wasn’t bad enough, you can hear Timothy Geithner’s version of events…at your expense.
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