Even though the struggle over Greece’s bailout has receded from the news, with many countries carrying large debt burdens, the need to restructure sovereign debts is not going away. This Real News Network segment gives an overview of the state of play.
Read more...Foreign Banks Such as Deutsche Using Variant of Lehman “Repo 105” Balance-Sheet Tarting Up Strategy
Read more...The spectacle of the US attempting to influence UK domestic politics through having the US Trade Representative Michael Froman issue a threat is pathetic, overreaching, and unconvincing.
Read more...Why finance-influenced economic policy in the US has managed to avoid deflation while in Europe, it has stoked it.
Read more...Yet another China risk warning.
Read more...“Free Trade,” the banner of Globalization, has not only wrecked the world’s economy, it has left Western Democracy in shambles.
Read more...A look at the wreckage the US has created in the Middle East, and an assessment of the prospects.
Read more...Brookings deigns to consider the idea of minting a high-value platinum coin as an emergency solution to a debt-celing impasse.
Read more...The great question today is whether post-feudal rentier capitalism will stifle industrial capitalism instead of serving it. The aim of finance is not merely to exploit labor, but to conquer and appropriate industry, real estate and government. The result is a financial oligarchy, neither industrial capitalism nor a tendency to evolve into socialism.
Read more...The nvestment provisions in the TPP and in most bilateral investment treaties can severely limit a government’s ability to manage its land and other natural resources in the public interest.
Read more...Further discussion of why the excuses to do nothing or too little on the climate change front don’t hold up to serious scrutiny.
Read more...Why the excuses to do nothing or too little on the climate change front don’t hold up to serious scrutiny.
Read more...This is a bracing, no-nonsene talk from economist Mark Blyth of Brown University, who is the author of Great Transformations: Economic Ideas and Institutional Change in the Twentieth Century and Austerity: The History of a Dangerous Idea.
Read more...The current US lifestyle needs to go if the world is to succeed in limiting climate change.
Read more...Has the financial sector become too large, absorbing too many resources, and enhancing instabilities?
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