How did Janet Yellen and the Federal Reserve justify their rate increase now, despite strong signs that there is little economic basis for doing so?
Call this an exercise in twisted logic, plain and simple.
Read more...Why England would be better served by leaving the European Union.
Read more...Thanks to EU and Eurozone misrule, Le Pen is right when she says: “Nothing can stop us”.
Read more...The election of businessman Mauricio Macri to the presidency in Argentina signals a rightward turn in the country and, perhaps, in South America more generally. Macri, the candidate of the right-wing Compromiso para el cambio (Commitment to Change) party, defeated Buenos Aires province governor Daniel Scioli (the Peronist party candidate) in November’s runoff election, by less than 3% of the vote.
Read more...To halt the demise of the planet, you can’t rely on the same people who cause it.
Read more...On how race plays into the operation of a “dual economy”.
Read more...The fact that life expectancy in the US is no longer rising, in a time of economic growth, is yet another sign of underlying societal decay.
Read more...A study by Pew gives a new look at the fall of the middle class and how the accompanying rise in income stratification is playing out.
Read more...How can recent technical change could both be a major source of dis-employment and not be associated with productivity improvement?
Read more...In France, members of Arab and African communities languish in a spiral of poverty, relegated to second-class citizenship and physically separated through deliberate planning.
Read more...What the regional manufacturing indices have been saying loud and clear for months have gotten further confirmation….
Read more...So now even austerity is getting product placement in movies….
Read more...Can American foreign policy be made to work better for US citizens (outside the arms industry) and the rest of the world?
Read more...German financialization and input on the eurozone’s financial architecture promoted deficits, increased systemic risk, and facilitated the onset of Europe’s subsequent crises.
Read more...Experts expected bankruptcies of highly levered borrowers in 2013-2014, but cheap refis under ZIRP bailed them out. We are again at peak leverage, but this time, there’s no prospect of lower rates to provide a rescue.
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