Category Archives: Economic fundamentals

The Coming Ukraine Collapse and the “Rebuilding” Headfake

The hyping of Ukraine rebuilding is at least as delusional as the earlier war talk.

Poland & Ukraine Have Plunged Into A Full-Blown Political Crisis With No End In Sight

Ukraine and its one-time enthusiastic backer Poland are in an escalating row, due at least in part to the need to play domestic politics.

The Intercept’s Latest Leak Might Deal Irreparable Damage to Pakistani-Chinese Relations

The latest Intercept leaks confirm the notion that neither China nor Russia can trust Pakistan. That has awkward implications for China.

Yanis Varoufakis: TECHNOFEUDALISM – What Killed Capitalism

Yanis Varoufakis’ forthcoming book examines our changed economic system, which he callls “technofeudalism.”

The South China Sea’s Resource Wars

Taiwan is only a part of the ongoing conflict between Chana and America plus its Asian allies.

At What Level Will Saudi Arabia And Russia Stop Pushing Oil Prices Higher?

Russia and Saudi Arabia seem finally to have gotten the oil price increases they wanted. How much higher might they go?

A Sign that the West Is Having to Compete for Emerging Economy Loyalty? Long Overdue Progress on Africa-Instigated International Tax Reform

After long resistance by rich nations, African governments successfully pushed for the UN to lead on international tax cooperation.

Will It Be Socialism or Barbarism for the Twenty-First Century?

How the end of policies supporting the material well-being of workers, aka socialism, has created widespread distress and political schisms.

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.

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.

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

Further Thoughts on Sweden’s Pandemic Response

A Covid retrospective on Sweden indicates citizens to a large degreed ignored bad government advice.

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.

“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.