My Favorite Recession Indicator: The Next Recession Moves Further Out of Sight
There will be a recession, there’s always a recession eventually. But we’ll just have to keep watching for it.
Read more...Category Archives: Economic fundamentals
Is Intellectual Property Turning into a Knowledge Monopoly?
How private capital has hijacked research and intellectual property practices, to the detriment of invention and society generally.
Read more...Productive and Unproductive Crises
Making a case from past crises that we’ll muddle through our current set and thanks to technology, eventually come out better.
Read more...BMW: Gasoline Car Ban Poses “Imminent Risk” To European Automakers
BMW warns that the 2035 EU mandate to end sales of new fossil fuel vehicles will be a mass death event for most EU car makers
Read more...Further Thoughts on Sweden’s Pandemic Response
A Covid retrospective on Sweden indicates citizens to a large degreed ignored bad government advice.
Read more...Jobs Are Up, Wages Less So – and Lower Purchasing Power Could Still Lead the US into a Recession
Quelle surprise! Trends in wages indicate that the economy is less robust than the officialdom and financial press would have you believe.
Read more...“Core Services” Inflation Jumps to 2nd Worst Since 1985, “Non-Housing Services” Are Red Hot. Fed’s Job Far from Done
Inflation in the US is still defying the Fed, confirming that the blunt instrument of interest rate increases is not the right tool.
Read more...Indonesia’s Wait-And-See Approach Towards Joining BRICS
Indonesia serves as a reminder that the so-called “Global South” is not monolithic and that affects the prospect of joining BRICS.
Read more...US-China Decoupling: Rhetoric and Reality
An update on how the much-ballyhooed US economic divorce from China is progressing.
Read more...Imperialism: How the Struggle of Both Classes and Nations Creates Our World
How imperailasm has determined much of the structure of the international economy and that in turn affects domestic interests.
Read more...Hoisted from Comments: China’s Unsustainable, Unbalanced Growth Model and Its Current Economic Wobbles
Musings on the routes for China out of its economic problems and whether China will actually take them.
Read more...Global Fossil Fuel Subsidies Skyrocket To $7 Trillion
The IMF made a comprehensive tally of fossil fuels subsidies. Both the level and the trajectory are sobering.
Read more...Danny Haiphong: Pepe Escobar and Michael Hudson Join on BRICS Plus Six, Ukraine, and the Multipolar World Economy!
Danny Haiphong talks to Michael Hudson and Pepe Escobar about hot mulitipolarity topics, particularly BRICS and its “currency” plans
Read more...Book Review: Two Critiques of America’s Ailing Health Care System
Two new books chronicle the shortcomings of the nation’s health care system, if you can call it that.
Read more...BRICS’ Expansion Is Beneficial But It Also Isn’t Without Strategic Challenges
BRICS is set to add important new members…but will their diversity complicate coming to common policy stances?
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