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...Category Archives: Economic fundamentals
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.
Read more...Justice Department Subpoenas the Fed, Threatens Powell with Criminal Indictment. Powell Comes out Swinging. Stock Futures Tank
Trump pursues another own goal by escalating with Fed chair Powell over his refusal to lower interest rates by launching a criminal probe.
Read more...“Trump’s $1.5 Trillion Gamble: Will Endless Conflict Win Midterm Votes?”
Trump’s plan for US military spending of $1.5 trillion puts the military at the core of his presidency and may signal a move to all-out war.
Read more...Why Politicians Won’t Fix Affordability
Why affordability crisis is a symptom of predatory neoliberal practices. Concentrated wealth looks set to keep this new norm in place.
Read more...Two Decades of Chinese Industrial Subsidies
A profile of China’s subsidies and how they have changed over time. Counter-intuitively, agriculture is the most important recipient.
Read more...SMRs Explained: Real-World Economics, Fuel Bottlenecks, and the Race to Scale
A primer on SMRs, as in small nuclear reactors, the new bright idea for how to satisfy insatiable AI energy demand.
Read more...How China’s Overinvestment Helped Produce Africa’s Deindustrialization
An in-depth article from a leftist vantage on China’s extensive involvement in Africa finds that it has been a net negative for development
Read more...AI and Systemic Risk
The popular press is whistling past the graveyard of AI systemic risk even as heavyweight experts warn more needs to be done.
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