Did the New York Times Really Need to Let Jamie Dimon Crow About the Measly Raise He Is Granting Employees?
Jamie Dimon throws JP Morgan workers some crumbs.
Read more...Category Archives: Dubious statistics
How Private Credit Rating Agencies Reinforce Global Economic Instability—and What We Can Do About It
A look at a fundamental point of failure in our financial system, rating agencies, and potential remedies.
Read more...Financial Times Picks Up on Irish Growth Blarney Story…. That We Reported Months Ago
Irish growth is even phonier than the media would have you believe.
Read more...IEA: Gasoline Glut Could Cause Oil Price Rout
More confirmation of inventory overhang in gasoline.
Read more...Gluttony and Sloth
Sloth, as in lower levels of physical activity, are a much bigger contributor to population-wide gains in weight levels than caloric intake.
Read more...Michael Hoexter: Democratic Party Platform 7/1/16 Draft Would Lock In Catastrophic Climate Change
Why the Democratic party plans for taking on climate change are grossly inadequate.
Read more...The UK Vote to Leave European Union
A judicious, high level overview of the Brexit vote and its implications, the big one being that it moves Britain to the right.
Read more...Unfounded Debt Fears Block Economic Recovery
Debt scaremongering as voodoo economics.
Read more...Puerto Rico ‘Rescue’ Bill to Reinforce Colonial Relationship with US
Not surprisingly. Puerto Rico is about to get a big dose of austerity…..which Latvia-style, will push more people with skills to leave.
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...Michael Hudson: Socrates on Debt and Ibn Khaldun on the Cyclical Rise and Fall of Societies
Socrates described how the use of debt by the elite to strip the lower orders of their property sets up revolutions.
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...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...Corruption of FDA Clinical Trials Reports: The Problem and a Proposed Remedy
Big Pharma lies via medical publications, and the FDA shuts its eyes to this ruse in clinical trials. Time to put it to a stop.
Read more...William Astore: Air Supremacy Isn’t What It Used to Be
American air supremacy is touted as key to delivering low cost victories. It’s hasn’t been working out that way for quite a while.
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