More Evidence of Destructive Deflation in China
China’s deflation crunch is getting worse.
Read more...Category Archives: Economic fundamentals
Geopolitics as a Monetary Shock: The ‘Silent Tightening’ in the European Banking System Due to Sanctions Against Russia
Another example of Ukraine war blowback on the West: banking costs rose and lending tightened due to the sanctions on Russia.
Read more...Ukraine Hoist on Its PR Petard? Bizarre Media and Official Silence Over Humanitarian Crisis From Russian Grid Attacks, Extreme Difficulty of Rebuilding
The damage to Ukraine’s grid is already so serious and hard to remedy that its future as a failed state is close to certain.
Read more...Trump at Least for Now TACOed Over Greenland at Davos in Rambling Speech as His Poll Ratings Continue to Fall
Trump’s Greenland climbdown is yet another sign of how his derangedness is becoming more and more destabilizing.
Read more...The Great AI Displacement: Fracturing Tomorrow’s Labor Market
An industry participant debunks a paper predicting that the labor market effect of AI will be so bright that we will all have to wear shades.
Read more...“Who Gets to Decide How Much Is ‘Enough’ to Live a Good Life?”
A new climate change fix of sustainable limits bizarrely hypes that collective groups will decide, ignoring power and wealth inequality
Read more...Satyajit Das: President Trump’s Spat With the Federal Reserve Is Not About Central Bank Independence
A look at the overly-large, internally conflicted role of the Federal Reserve and Trump’s dodgy aims in trying to bring it under his control.
Read more...Capital Dividing Lines in the New Police State. Are We Approaching Reconciliation?
ICE Nation is good for surveillance tech and private prisons. Not so much for other sectors—but is there a plan in place to make them whole again?
Read more...Europe Can Impose Costs on Trump Over Greenland, But Looks Too Craven To Try
Though it seems highly unlikely given weak and incompetent leadership in Europe, it has cards to play to stymie Trump’s Greenland grab.
Read more...Trump’s “Fix Affordability” 10% Credit Card Interest Rate Cap: A Gimmick, Not a Solution (and It Won’t Happen Anyhow)
It has gotten through to Trump that the state of the economy, and particularly consumer suffering from persistently high costs, aka the affordability crisis, can’t be solved by his barker’s patter about how great things are. So he’s roused himself to try to find some quick and easy wins so he can present himself as […]
Read more...How Voting Systems Influence Immigration Policy
How America’s liberal immigration regime was a predictable result of how we decide elections.
Read more...Venezuelan Oil and the Limits of U.S. Refining Capacity
Most economic analysis of Trump’s planned Venezuela oil heist has focused on production. Time for a wee look at refining.
Read more...Greenland Is the Crown Jewel of “Fortress America”
More on Trump’s plans to annex Greenland.
Read more...Michael Hudson: Weaponizing the World’s Oil Trade is the Bedrock of the U.S. Rules-Based Order
How justifications for US foreign and economic policy revolve around the oil trade.
Read more...What Would a Trump Takeover Mean for Greenland’s Resources?
A look at a Trump pretext for taking Greenland: its significant stores of oil, gas, and minerals, with the vast majority still underground.
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