Wolf Richter: US Exports & Manufacturing Debacle Covered up by Oil
What the regional manufacturing indices have been saying loud and clear for months have gotten further confirmation….
Read more...Category Archives: Economic fundamentals
Bond, Treasury Bond: 007 is Out of Cash, but Your Government Can’t Be
So now even austerity is getting product placement in movies….
Read more...Connecting American Foreign Policy to Economic Policy
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 the Eurozone Crisis
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...Wolf Richter: “Distress” in US Corporate Debt Spikes to 2009 Level
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.
Read more...New Studies: Do ‘Competitive’ Corporate Tax Cuts Boost Growth?
A new study devastates the widely-touted claim that corporate tax cuts promote growth.
Read more...America to Working Class Whites: Drop Dead!
On the fallen status of lower-class whites, and the poor prospects for many of their betters.
Read more...“Failed: What the ‘Experts’ Got Wrong about the Global Economy”
An excerpt from CEPR co-director Mark Weisbrot’s important new book, Failed.
Read more...Vulture Capitalists Are the Real Winners of Argentina’s Elections
How Argentina’s former president Kirchner’s loss is vulture fund chief Paul Singer’s big win.
Read more...From G20 to Labour20
Labour20 set forth important goals not just for labor but for the economy and broader society. But does organized labor have the credibility to promote these aims?
Read more...Mathew D. Rose: The Ordeal of Angela Merkel
A chronicle of Angela Merkel’s rise and a catalogue of recent political mistakes which are putting her chancellorship at risk.
Read more...The Disaster of Greek Austerity – What Next?
More on the ground readings on the impact of austerity in Greece.
Read more...Ilargi: The Great Fall Of China Started At Least 4 Years Ago
Why China’s slowdown and exported deflation started far earlier than most pundits and analysts would have you believe.
Read more...To Fix Inequality and Steady the Economy, Think Radically
Originally published at the Institute for New Economic Thinking website Adair Turner, Chairman of the Board of the Institute for New Economic Thinking and former Chairman of Britain’s Financial Services Authority (2008-13), is the author of a new book that takes aim at economic and political orthodoxies, Between Debt and the Devil: Money, Credit, and […]
Read more...The Disaster of Greek Austerity
Data and on the ground reports on the high cost of Greek austerity.
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