Jim Chanos on Crypto, AI, Dodgy Statistics, and Casino Capitalism
Chanos looks at a broad range of investment hot topics, from cypto to AI, and sees vastly more speculation than value creation
Read more...Category Archives: Economic fundamentals
Trump’s Intel Deal: Knowing the Price of Everything, and the Value of Nothing
Why the Intel deal is a so far small negative for the chip-maker, but still gets Team Trump tar-babied to the low likelihood of a turnaround.
Read more...Powell Tap Dances on Interest Rate Outlook as Stagflation Starts to Kick In
Powell threw Mr. Market and Trump a bone by hinting the Fed might cut rates in Sept. But the Fed lacks good options with stagflation looming
Read more...Our Coming Arab Springs?
Resource stresses are rising in many parts of the world. How long before we see political ruptures, including on a Arab Spring level?
Read more...Lessons from China: Industrial Policy Works Even After Retaliation
A new study finds that industrial policy pays off, even after factoring in the cost of retaliation. So when will neoliberals wise up?
Read more...Has Extreme Poverty Really Plunged Since the 1980s? New Analysis Suggests Not
A new analysis challenges the widely-held view that extreme poverty has fallen sharply, and finds a big reversal due to neoliberal “reforms”
Read more...The Core Problem of Economic Inequality: How Much Is Too Much?
Experts accept that economic ineqality is inevitable. But how does one determine acceptable/producitve levels versus destabilitzing ones?
Read more...New Study Attempts to Candy-Coat Impact of Job Loss
A reader critical thinking exercise! Time to take a hard look at a study that argues that losing your job may not be all that terrible.
Read more...Peak Neoliberalism: Wall Street Journal Pearl-Clutches Over Lack of Mobility Due to High Housing Costs, Insufficient Pay
The Journal laments how mobility has fallien while averting its eyes from how neoliberalsm and rentierism are the drivers.
Read more...James Galbraith: From the Fossil-Fuel Civilization Into …? Economics Gets a Biophysical Reality Check
James Galbraith argues that economics can’t keep ignoring that energy and resources for production are no longer abundant and easy to access
Read more...“Could 2008 Happen Again?”
Private debt levels, particularly for real estate, look evocative of the 2008 crisis. But how is a rerun likely to differ?
Read more...Michael Hudson: Europe’s Surrender
Michael Hudson returns to current events in an interview with Nima, focusing on what the Trump tariffs deals mean for Europe, the US and BRICS
Read more...Alfred McCoy: Controlling the ‘World Island’
More on Alfred McCoy re how how H.J. Mckinder’s “world island” has shaped Western strategic thinking, here with respect to the Pacific
Read more...The China Shock Hits Germany
How China was hollowing out Germany’s manufacturers before the loss of cheap Russian energy made matters worse.
Read more...Stagflation Watch for the US Economy as a Whole
Upgrading a US recession watch for the US to a stagflation watch due to inflation even as ISM indexes signal current contraction
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