Don’t Do It Again! The Swedish Experience With Negative Central Bank Rates in 2015-2019
Why negative interest rates were a bust.
Read more...Category Archives: Economic fundamentals
Modigliani Meets Minsky: Rising Inequality and U.S. Household Debt Since 1950
Yves here. This short piece looks at some of the intuitions about the relationship between rising household debt levels and increasing inequality. And they sure do look to be connected! By Alina Bartscher, University of Bonn, Moritz Kuhn, Professor, Department of Economics, University of Bonn and Moritz Schularick, Professor of Economics, University of Bonn. Originally […]
Read more...Retail Bankruptcies, Bailouts Put Spotlight on Private Equity
Private equity turned a lot of retailers into tenants….and now landlords are a big impediment to the survival of many businesses.
Read more...Economic Blow Of The Coronavirus Hits America’s Already Stressed Farmers
Many farmers were struggling economically and psychologically even before coronavirus hit.
Read more...The Federal Reserve’s Coronavirus Crisis Actions, Explained (Part 6)
What the Federal Reserve has been up to lately, such as bailing out the shale gas industry.
Read more...People and Jobs? Or Wealth? The Government Has To Decide Which To Prioritise, and There Is Only One Right Answer
Why landlords, banks, and pensions need to be sacrificed to save jobs and businesses from the ravages of coronavirus.
Read more...The Eurozone in Crisis
The Eurozone, despite years of band-aids over gunshot wounds, has managed to soldier on. It may have finally met its match in the coronacrisis
Read more...The False Dawn of Ending Coronavirus Lockdowns
It would be nice if relaxing the lockdowns would solve a problem, any problem….
Read more...Unemployment Effects of Stay-at-Home Orders
Why ending the lockdowns won’t do all that much to lower unemployment.
Read more...Finance Capitalism vs Industrial Capitalism: How Financial Parasites and Debt Bondage Are Destroying Us
Another Michael Hudson star turn on debt dynamics, this time focusing on the coronavirus bailouts are shoring up rentiers.
Read more...Covid-19, The Coming Developing Country Debt Crisis and The Argentina Debt Reduction Proposal
Even the IMF backs the new debt put forward by Argentina. Could it be a model for Covid-shocked emerging economies?
Read more...Why the Oil and Gas Industry Will Never Be the Same
An overview of the dislocations in the oil market.
Read more...Is There Deflation or Inflation in Our Future?
We don’t have a recovery in sight, but some economists are already worried about inflation.
Read more...Max Blumenthal and Ben Norton With Michael Hudson: US Coronavirus “Bailout” Is a $6 Trillion Scam
Michael Hudson explians why the coronavirus bailouts are even more of a gimmie to the rich than they look.
Read more...Coronavirus-Induced Food Supply Disruptions Hitting Farmers, Poor Consumers
Food scarcity is already starting to bite in the US and is likely to become a serious problem in much of the world.
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