Wolf Richter: Bottom Suddenly Falls Out of Demand in China in Many Sectors
Suddenly weakening demand in China has now transcended company-specific issues.
Read more...Category Archives: Economic fundamentals
Brexit: Blame It on the Banking Crisis
The parts of the UK hit hard by post-crisis austerity had a strong tendency to vote for Brexit.
Read more...France’s Great Debate
One in two French citizens wants to participate in Macron’s Great Debate across France. High stakes for Macron and French democracy.
Read more...Repeating the Mistakes of 1914?
n their enthusiasm for a new cold war against China and Russia, the western establishments of today are making a mistake comparable to that of their forebearers in 1914.
Read more...What Truck Drivers Say about “Driver Shortage” & Pay Increases
Debunking another “worker shortage” story.
Read more...Why the Green New Deal Is the Stuff of Fantasyland
Why the Green New Deal can’t deliver on its promises.
Read more...$15 Minimum Wage: Job Killer or Path Out of Poverty?
This Real News Network segment sets forth the most common arguments against increasing the minimum wage to $15 an hour, or alternatively, a living wage level, and shows why they don’t hold up to scrutiny. A decent minimum wage is even more important when the supposedly robust US economy is increasingly creating McJobs. JAISAL NOOR: […]
Read more...China Won’t Be Taking Over
Why China is fragile and starting to look wobbly.
Read more...Thoughts on Warren and Sanders: How Much Change Is Needed in 2021?
A look at Warren’s and Sanders’ fundamental political stances and what they might mean for their 2020 campaigns.
Read more...How Shocking Was Shock Therapy?
Poland managed to escape a lot of the “shock doctrine” treatment, yet has gone hard right. What happened?
Read more...Wolf Richter: Housing Bubble Trouble in Silicon Valley & San Francisco
Housing is going pear-shaped in California tech-land….and you can’t blame it on a tech bust.
Read more...Richard Murphy: Davos Wants a Better Measure of Failure
Some Davos musings show that our elites aren’t what they are cracked up to be.
Read more...Wolf Richter: Markets Are in a Tizzy. So What Will the Fed Do?
What will the Fed do next, now that investors have finally started to react to its tightening of monetary policy, after years of somnolent money-making?
Read more...Stumped by the Stock Market Slump? Start by Picturing a Used Car Dealership
Trading stocks can be a lot like buying a used car.
Read more...Michael Hudson: The Vocabulary of Economic Deception
Michael Hudson gives a wide-ranging interview, discussing the importance of euphemism in obscuring power relationships and exploitation.
Read more...