Category Archives: Economic fundamentals

Wolf Richter: The Big Unravel – US Commercial Bankruptcies Skyrocket

Commercial bankruptcies rose at a much bigger clip in early 2016 than in recent years. How worried should we be?

Unfounded Debt Fears Block Economic Recovery

Debt scaremongering as voodoo economics.

Puerto Rico ‘Rescue’ Bill to Reinforce Colonial Relationship with US

Not surprisingly. Puerto Rico is about to get a big dose of austerity…..which Latvia-style, will push more people with skills to leave.

Elizabeth Warren Opens Broad Attack Against Rent-Seeking Oligopolists Like Amazon, Apple, Google, Walmart, Comcast

Curiously, Elizabeth Warren is taking aim at powerful interests that are deeply loyal to Hillary Clinton. The plot thickens.

Brexit: Huge Spanner in the Works – Negotiation of New UK Trade Deals Verboten Till Exit Complete

“Tortuous” does not even begin to describe how hard it will be for the UK to strike post Brexit trade deals. Negotiations cannot begin until the UK has left the EU.

Bill Black: The Terrible Cost to Democrats and Our Nation of Ignoring Tom Frank’s Warnings

A high level description of how Democrats and Labor sold out the working class, and how that served a narrow interests at great cost.

UK, EU Talk Past Each Other on Brexit Negotiations

The disconnect between the UK and EU over Brexit basics revealed yesterday was disconcerting.

Patrick Cockburn: How Neoliberalism and Cold War Obsessions Fractured the Middle East

How neoliberalism, the resource curse, and military interventions by Washington and its allies, profoundly destabilized the Middle East.

How Brexit Threatens to Turn the UK Into “Borisland”

How the Tories and UKIP intend to use Brexit to impose permanent austerity and reduce workers’ rights.

Why Income Inequality Will Get Worse Before It Gets Better

A reader critical thinking exercise! Debunk an article that justifies rising inequality in the guise of offering policy advice

Satyajit Das: What If Anything Does Brexit Really Signify?

An appraisal of the Brexit sound and fury.

Boris “Just Kidding” Johnson Outlines His Rainbows and Unicorns Brexit Plan

Boris Johnson is now the most hated person in the Western world.

Brexit: Fear, Loathing, and Anger on Both Sides of the Channel

Politicians in the UK and the EU are virtually at each other’s throats over Brexit.

Brexit: Pulling the Signal Out of the Noise

Getting a better picture on Brexit: the underlying class and economic stresses and how that might play into what happens next.

MIchael Hudson: The Slow Crash

Michael Hudson discusses some of his favorite themes; debt deflation, the high cost of consumer debt, negative interest rates.