Blackouts Are Becoming the Norm—Can the U.S. Power Grid Be Saved?
The US future of more erratic power supplies comes nearer as officials dither over what to do about a creaky grid.
Read more...Category Archives: Economic fundamentals
The Bazooka Diplomacy of Trump’s Tariffs
A look at theory and practice as far as tariffs are concerned, and what that means for Trump’s threats and plans.
Read more...Trump’s Shock Doctrine: Uncertainty and the Repudiation of Contracts
How Trump’s economic revolution and the uncertainty it is creating are already wreaking havoc.
Read more...Mr. Treasury Market Tells Fed It Is Even More Worried About Inflation
The Fed vigorously backpedaled on further cuts, pivoting to wait-and-see, due to long-term rates signaling inflation concerns.
Read more...Even US Messaging Outlet RFE/RL Having Trouble Prettying Up Trump Planning to Buy Ukraine Rare Earths Empty Bag
There is both less and more in the Trump offer to arm Ukraine in return for rare earths than meets the eye.
Read more...James K. Galbraith Discusses His New Book, Entropy Economics, Plus DOGE, Bitcoin and Tariffs
A wide-ranging talk with Jamie Galbraith on his book, Entropy Economics, which focuses on the neglect of real resources, and recent events.
Read more...The Mass Deportation Handoff, Biden to Trump
Despite Trump’s enthusiasm for rough treatment of illegal immigrants, growth of the deportation industrial complex has been a two-party affair
Read more...Trump Declares Economic War on Just About Everyone That Matters. Is a Smash-Up a Feature and Not a Bug? Update: Mexico One Month Pause. Who Blinked?
Trump is opening up a multi-front economic war by imposing tariffs on America’s biggest trade partners, with the EU next in line. What gives?
Read more...The Economic Benefit of Conflict: A Thriving Armaments Sector
Quelle surprise! Data supports the notion that defense contractors do well in times of conflict.
Read more...How Climate Change and Widespread Unaffordable Home Insurance Will Wreck Property Values
The death spiral of home insurance in climate afflicted areas has begun. The will and means to tackle underlying issues are sorely wanting
Read more...Higher Impact of Inflation on Lower Income Households Means US Poverty Is Understated
A new study confirms many reports: inflation in the US markedly degraded the position of middle class households, pushing some into poverty
Read more...The Planet Had 58 Billion-Dollar Weather Disasters in 2024, The Second-Highest on Record
The world endured three of top-20 costliest disasters in 2024, its fifth-deadliest wildfire, and three heat waves with over 1,000 deaths
Read more...Cut Flowers, Coffee, and a Geopolitical Shock
Colombia and coffee and flowers, or how successful bullying does not necessarily translate into durable wins.
Read more...Tariffs Are Coming: How Trade Dynamics Will Shape Aggregate Demand and Inflation
Consumers may not suffer from more inflation per official data if Trump imposes tariffs. But that does not mean they won’t be worse off.
Read more...Michael Hudson: Trump’s Balance-of-Payments War on Mexico, and the Whole World
Why US trade and economic threats against Mexico could trigger a financial/currency crisis that may propagate across the Global South
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