Do Davos Billionaires and Bankers Really Believe Booms and Busts Are Over Because They’ve Trained the Fed?
Fed tightening is no longer needed to create recessions, given fragile credit structures and a growing pandemic out of China.
Read more...Category Archives: Economic fundamentals
Student Enrollment Dropped 11% Since 2011, Student-Loan Balances Surged 74%. Why?
Drilling into why the student loan problem keeps getting worse.
Read more...US Loses Nearly 4 Million Jobs to China Since WTO Entry
More evidence, this time via China, on the costs globalization imposed on American workers.
Read more...Brexit D-Day
The big Brexit day is here.
Read more...Secular Stagnation: Demand Is Indeed the Culprit
Economists’ bad medicine is a significant factor in our present stagnation.
Read more...Michael Hudson on the History of Debt Cancellation, Austerity in Europe, January 2020
Michael Husdon reviews the key themes of his recent book, ……and Forgive Them Their Debts, and discusses German austerity.
Read more...How CEOs, Experts and Philosophers See the World’s Biggest Risks Differently
Trying to understand CEOs’ blinkered view of risks.
Read more...Dr. Victor Shih: Coronavirus MUCH Worse Than SARS
A downbeat but persuasive take on the likely progression of the coronavirus.
Read more...Coronavirus: Not Looking Good
Coronavirus updates.
Read more...Desperation Hidden in Plain Sight: Coastal Edition
Reports of desperation from what some might consider unlikely quarters: the Pacific Northwest.
Read more...Another Great Depression or Tax Justice and Transparency? The Tax Justice Network January 2020 Podcast
TaxCast ranges well beyond tax today, with topics including IMF warnings, the Brexit rogue UK vision, and looting in Angola.
Read more...STATEMENT: House Budget Committee, “Reexamining the economic costs of debt”, Nov 20, 2019
It is hard to imagine a scenario in which rising deficits and the debt ratio will create a financial crisis, lead to government insolvency, generate high inflation, or trigger an attack by bond vigilantes.
Read more...Precarity: A Political Problem
‘Free market’ advocates claim that the rise of precarity was inevitable, as opposed to the result of political decisions.
Read more...The Lords and Ladies of Discipline: An Interview with Matt Stoller
Matt Stoller explains how economics reinforces established power relations.
Read more...Brexit: Digging In
Brexit again gets ugly.
Read more...