Category Archives: Economic fundamentals

Satyajit Das: A Fist Full of Dollars

Two recent books seem unduly complacent about the status of the dollar as reserve currency.

“Is All Economic Growth Good?”

It can’t be said too often: what most economists call growth is too often what we here call groaf.

“Trump Administration Closes In on Hard-Hitting Sanctions on Russia”

Russia sanctions enthusiasts try to talk over how Ukraine undercut Trump support with Ukraine’s attack on Russian nuclear deterrence assets

China’s Rare Earths Weapon Could Kill Europe’s Auto Industry

More on US and European car-makers’ vulnerability to China’s new rare earths licensing regime.

Michael Hudson: Trump’s Contradiction-Riddled Strategy to Preserve US Hegemony

Trump does have a plan to shore up America”s flagging power, even if, when you put the pieces together, it does not make much sense.

How Tourism Pushed Barcelona to Breaking Point, and How Social Movements Are Fighting Back

Barcelona features locals turning activists to curb tourism levels that hurt everyday life, particulalry for lower income. residents

Satyajit Das: Lessons from Japan’s Massive Debt Hangover

While there are things the debt-addled West can learn from Japan, the dirty secret is they were in some key ways in better shape than we are.

Yanis Varoufakis: In the EU Nothing Succeeds Like Gross Failure: The Astonishing Case of Ursula von der Leyen

A much-deserved evisceration of both Ursuala von der Leyen and the chumps who’ve bought what she has been selling.

Like China, a Mexico Tariffs Own Goal: US Dependence on Mexico Energy Trade Means “Those Tariffs Never Stood a Chance”?

More evidence of Trump cluelessness in his Mexico and China tariffs bobs and weaves.

Tariff Turmoil and the Money Markets: Yet Another Rescue Coming

In Treasury markets, there are no libertarians, only grateful recipients of single-payer insurance for ailing financiers.

Michael Hudson: The Secret Deal That Started a Global Economic War

Micheal Hudson explains how Trump’s tariffs are yet another device to force countries to accept poilcies that benefit the US.

Anchored in Troubled Waters: Why European Union and Eurozone Membership Is Less Bad Than You Might Think

An analysis shows how the EU and Eurozone buffer some economic shocks.

China Is on Its Way to Becoming World’s First ‘Electrostate’

The implications of China leading in the proportion of electricity its energy use and pursuing even more electrification.

A Harbinger? Tech Jobs Plunge in San Francisco & Silicon Valley Brings Condo Prices Drop Back to 2015, Single-Family Home to 2018

Software hiriing has been falling for years, and is finally affecting the economies in its heartland, San Francisco and Silicon Valley.

Ideology-Driven, Inflationary Trump Tax and Tariff Policies Losing War With Bond and Currency Markets

ump’s trade, tariffs and tax schemes are already starting to come apart. And he seems to have no Plan B.