Puerto Rico Is Getting Squeezed, and It Will Cost All of Us
Puerto Rico illustrates why implementing austerity policies in weak economies backfires.
Read more...Category Archives: Economic fundamentals
Nomi Prins: A Decade of G7 Central Bank Collusion – and Counting..
Why central bank snake oil and financier-favoring interventions have done great harm to ordinary people.
Read more...Hurricane Harvey Throws Global Oil Markets Into Chaos
By Nick Cunningham, a Vermont-based writer on energy and environmental issues. You can follow him on Twitter: @nickcunningham1. Originally published at OilPrice The most powerful Hurricane to hit Texas in more than 50 years has devastated much of the coast, and the historic flooding is now causing havoc in the energy markets. The rain is […]
Read more...Will Disappointing Tax Reform Puncture the Stock Market Bubble?
Why the Trump tax reform is likely to be a damp squib.
Read more...Steve Bannon v. Blinkered Economists on “Free Trade”
Macroeconomists are making Steve Bannon look good.
Read more...Life’s a Pitch
Another sign of economic insecurity: the pitch economy, where competition becomes more and more degrading.
Read more...How to Use Fiscal and Monetary Policy to Make Us Rich Again
On the obvious and high cost of abandoning fiscal policy in favor of monetary policy…save for asset owners.
Read more...Why Is The Fed Raising Interest Rates As Fast As It Is?
Musing on why the Fed is so eager to raise interest rates.
Read more...Ilargi: Negative Interest Rates – Rogoff Cribs from Orwell and Kafka
The war on cash, to enable central banks to implement negative interest rates on ordinary citizens, continues.
Read more...Wolf Richter: Worst Restaurant Recession Since 2009 Dings Inflation
Stagnant restaurant sales show consumers are tapped out.
Read more...How to Break Austerity-Induced Stagnation?
The costs of sticking with obviously failed austerity policies just keep rising.
Read more...Crisis Revisionist History: Redating of Onset to Make Behind the Curve Central Bankers Look Better
It would be nice if people who made pronouncements about the financial crisis knew what they were talking about.
Read more...Facebook Now Out to Squish Even Newbie Potential Competitors
The Wall Street Journal gives a case study on how Facebook hounds even small fry competitors.
Read more...Flagging Productivity Growth – How Much Is Due to Bad Management?
Have management fads contributed to the fall in productivity growth?
Read more...Democrats Pushing the “Compete” Word to Justify Doubling Down on Failed, Middle-Class Destroying Neoliberal Policies
Democrats are now telling voters they only need to compete better…and offer policies that have repeatedly failed to “help”.
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