Europe’s New Fiscal Rules Harm Working People and Women, Boost Right-Wing Radicals
New EU fiscal rules, touted as creating and economic growth, actually embody a dangerous agenda to shred social safety nets.
Read more...Category Archives: Economic fundamentals
China’s Local Government Financing Vehicles (LGFVs): Ponzi Finance on Steroids
How China’s local government financing vehicles (LGFVs) became China’s most complex economic challenge.
Read more...“On a Relative Scale, There’s a Strong Case that Financialization Is Worse in the PRC than the US”
On a relative basis, China is more financialized than the US which is not a pretty picture.
Read more...The Energy Transition: Technology Versus Political Backlash
A look at some of the reasons why the energy transition is running behind schedule.
Read more...A World Without Insurance: A Climate-Future Look at Property Values
Home insurance will become catastrophically expensive and may even vanish in some parts of the US. What happens then?
Read more...Yellen Trip to China: Biden Administration Presumption and Cluelessness on Display
The US is at it again with China, despite acting like it wants to repair fractured relations.
Read more...Electric War Goes West – Depopulation Turns Into Displacement Turns Into Civil War in Galicia
More on how Russia is expected to use its electric supply attacks to depopulate key Ukraine cities.
Read more...Yanis Varoufakis: Greece, EU Elections, Palestine & the International Order – JACOBIN Interview with David Broder
Varoufakis weighs in on topics of keen interest: the looting of Greece, then and now, the European left, and Palestine.
Read more...A Simple Desultory Analytic (Or How I Was Peter Turchin’d Into Perdition) by “I lost my harmonica albrt”
A discussion of Peter Turchin’s End Times: Elites Counter-Elites, and the Path of Political Disintegration.
Read more...Tweaking US Trade Policy Could Hold the Key to Reducing Migration from Central America
How much of a role did a mid-2000s Central America trade deal play in the migration surge to the US from the region?
Read more...IMF, in a Quiet Slap to the US, Urges Non-Alignment in Second Cold War
When you’ve lost the IMF…..
Read more...Mapping the Economic Costs of War
Looking at the economic impact of war on neighboring countries, including ones not part of the theater of conflict.
Read more...Iraq And Iran Will Expedite Development Of Sanctions-Busting Shared Oil Fields
Similar to how US overreach made Russia and China allies, so too have US policies in the Middle East lead Iran and Iraq to team up.
Read more...Monstrous Zionist Extermination in Gaza Continues as US Attempts Voter-Appeasing Headfakery
Some Gaza updates: carnage and starvation on the ground, cynical US machinations, and more signs of IDF weakness.
Read more...The Rise and Fall of Paper Money in Yuan China, 1260–1368
This column studies the rise and fall of paper money in 13-14th century China over three stages: full silver convertibility, nominal silver convertibility, and fiat standard.
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