“Dollar Doomsters Have Got It All Wrong”
Why reports of the [imminent] death of the dollar are greatly exaggerated.
Read more...Category Archives: Economic fundamentals
Heatwaves Ripple into the Financial System
Heat stress affects the financial system by increasing defaults and producing tighter lending terms to others in the same area.
Read more...The Russian Endgame in Ukraine and European Resistance to “Right Wing” Advances: A Thought Experiment
How the unexpected success of right wing parties in France, Germany, and Austria might be focusing a few minds about Russia.
Read more...One Issue Proved Key to the Opposition’s Stunning Success in India’s Election: Caste Politics
Did Modi’s BJP suffer a setback due to failing to provide enough economic benefits to lower-caste voters?
Read more...When It Comes to the Environment, There Really Is No Such Thing as a “Good” Car
The problem with the EV as a climate change remedy is that it is still a car.
Read more...The EU’s Outsourced Migration Control Is Violent, Expensive and Ineffective
Does a critique of EU migration policies reveal more than it intended to?
Read more...Latin America: From the Struggle for Independence (1808) to the Great War (1914)
An overview of political and economic post-colonial history in Latin America.
Read more...Global South Suffering Due to Powerful Nations’ Elite-Serving Policies
The World Bank projects the worst slowdown in over four decades in 2024. This is mainly due to Western powers’ contractionary policies
Read more...Michael Hudson: Modern (Mis)interpretations of Ancient Debt Cancellation
Modern economists misrepresent how ancient debt cancellation worked, forcing it into contemporary neoliberal /creditor rights frameworks
Read more...Status of Banks’ Unrealized Losses in Q1: Worsened After Brief Rate-Cut-Mania Relief
US banks are still sitting on losses, with Fed relief nowhere in sight.
Read more...Lost in the Green Transition: Which Workers Win and Lose
Most green energy boosters skip over which workers will win and lose. This post addresses that oversight.
Read more...Remember Headlines 2 Weeks Ago, Labor Market “Suddenly” Weakens as Unemployment Claims “Spike”: It Just Got Unwound
A wee unpacking of unemployment data to show how Fed rate cut cheerleaders are still ahead of themselves
Read more...U.S. Remains Painfully Dependent on China for Silicon and Solar Panels
Yet another own goal in the US economic war against China. We chose to make ourselves dependent and don’t like where we are.
Read more...Satyajit Das: The Economic Costs of Modern War
How economic, military and political costs and consequences are intersecting in the Ukraine and Israel-Palestine conflicts
Read more...Trump Versus Biden: The Substantial Fall in Real Wages for Most Workers Under Biden
An important new paper contradicts Democratic pundits, showing that most workers lost in real wage terms under Biden
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