Deaths of Despair Now Significant Among the Young
The US cancer of deaths of despair has progressed from less educated middle aged whites to the young of all stripes.
Read more...Category Archives: Economic fundamentals
China and the Revenge of the Sanctioned
How US ham-handed use of force and misreadings of key players’ interests, allowed China to suddenly take a leadershp role in the Middle East
Read more...Ukraine’s Neoliberalism on Steroids, Europe’s Economic Suicide
Yves here. Sit back and enjoy yet another discussion between Radhika Desai and Michael Hudson, this time joined by Professor Mick Dunford at the Geopolitical Hour. Today’s tour starts with Ukraine, moves to Russia, and then continues to Europe, the US and China. It is noteworthy to see the Western media act as if Europe’s […]
Read more...The EU Looks Doomed to Repeat its Russia “De-Risking” Strategy with China
Plans are lacking, but that hasn’t stopped Brussels before.
Read more...The Fed’s Interest Rates Are Still Fueling Inflation Rather Than Dousing it, and People Getting Used to this Inflation
Contrary to popular opinion, Fed interest rate policy is still permissive, if not quite as permissive as before.
Read more...NY Times Is Wrong on Dedollarization: Economist Michael Hudson Debunks Paul Krugman’s Dollar Defense
Michael Hudson calls out Krugman for invoking the favorite libertarian trope of hyperinflation.
Read more...What We Owe the Future: A Million-Year View, or How to Look at the World from the Philosophical High Ground
A critical look at William MacAskill’s new book on how human civilization can make it through the next few hundred years.
Read more...Why I’m Skeptical of Powell’s Claim Red-Hot Rent CPI Will Just Vanish: Landlords Report the Opposite, Even for April
Oopsie! Still perceived-to-be-high housing prices, thanks to higher mortgage rates, is a landlord’s wet dream. Who’d have thunk it?
Read more...4 US Banks Crash in 2 Months: Banking Crisis Explained by Economist Michael Hudson
US banks keep falling over but the Fed is curiously indifferent.
Read more...The Rise of China (and the Fall of the U.S.?)
Tectonic eruptions in Eurasia erode America’s global power.
Read more...Income Tax Withholding Payments Stumble Again, Signaling Job Weakness. Will the Fed Start to Consider Backing Off?
Income tax receipts are a good proxy for jobs. That measure has suddenly gone wobbly. If that persists, will the Fed blink?
Read more...Global Shipping Is Under Pressure to Stop Its Heavy Fuel Oil Use Fast – That’s Not Simple, but Changes Are Coming
While proposals to curb shipping industry emissions are overdue, it would help to address the shippers too.
Read more...Debt and the Collapse of Antiquity – Michael Hudson
Michael Hudson explains how Rome rejected debt forgiveness and nstituted a pro-creditor legal system, which our establishment defends today.
Read more...Ukraine Conflict Highlights Key Question for Africa: Should We Focus on the Problems of the Elite, or Those Faced by the Majority of the Population?
Professor Sokona, Vice-Chair of the IPCC, on how Ukraine has reshaped thinking in Africa and on the needed transformation in its leadership
Read more...The Who and Why Behind the Push to Gut Child Labor Laws
“The object of employing children is not to train them, but to get high profits from their work.” — Lewis Hine, 1908
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