Natural Gas Futures in Europe Plunge 15% Today, Down 84% from Crazy Spike
Gas swan dive due to LNG glut in China?
Read more...Category Archives: Economic fundamentals
Economists Radhika Desai & Michael Hudson Explain Multipolarity, Decline of US Hegemony
The new year gets off to a rousing start with the launch of a new bi-weekly talk show with Radhika Desai and Michael Hudson.
Read more...Washington Has Trouble Refilling the Strategic Petroleum Reserve After 220 Million Barrel Draw
Oopsie! Mr. Market is not cooperating with the Biden plan to replenish the Strategic Petroleum Reserve at prices better than $70 a barrel
Read more...50 Years After Allende at the UN: a Corporate Triumph Named Multistakeholderism
Allende was early to warn of multinational threats to product safety, labor regulations, and other protections. Sadly corporate interests won.
Read more...BlackRock Says We’re All Doomed. It’s Being Optimistic
The world’s largest asset manager has forecast systemic economic chaos. The reality is even worse.
Read more...‘It’s Not Either/Or’ — Population and Consumption in the Climate Solutions Debate
Looking at the oft superficially discussed population and consumption levers in the climate change debate.
Read more...Worst of Europe’s Energy Crisis May Be Yet To Come
Just because the weather gods are now smiling on Europe does not mean its energy crunch is over.
Read more...Ukraine: When Will It Reach the End of Its Propaganda Line?
Is Ukraine’s spin getting threadbare?
Read more...The Currency Swaps Time Bomb in Global Finance – Rob Johnson
Currency swap exposures have gotten to be uncomfortably large……
Read more...Hoisted from Comments: Rosneft Refinery in Schwedt as a Microcosm of Europe’s Sanctions-Induced Energy Mess
A Rosneft refinery in Germany illustrates how difficult it is to get back to anything resembling status quo ante under sanctions.
Read more...Monopoly Power vs Democracy – Matt Stoller
A wide-ranging discussion of some of the key mechanisms for exercising power in advaced economies, starting with monopolies.
Read more...Unequal Education and the ‘Great Gatsby Curve’
A look at the role of educational advantage in perpetuating inequality.
Read more...MMT Answers
A short MMT refresher course in the form of a Q&A.
Read more...Bloomberg Describes Europe’s Severe and Sustained Energy Crisis Due to Loss of Russian Gas
Bloomberg is countering the prevaiing cheery narrative that Europe can muddle through its ongoing energy crunch.
Read more...The Political Disruptions of Fiscal Austerity
Confirmation that austerity is bad for political stabiity because ordinary citizens don’t take well to their governments treating them badly.
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