Category Archives: Economic fundamentals

Is the Collective West Going Soon to Be Hoist on the Zelensky Petard?

ving elevated Zelensky to be the face of Ukraine’s war effort is becomig a problem for the West.

The Only Crypto Story You Need? A Response to Matt Levine’s The Crypto Story

A wide-ranging discussion of why defenses of crypto don’t stand up to scrutiny.

The Stavka Memorandum: Russia Means Military Power Plus Diselectrification of the Ukraine (“Stormy and Prolonged Applause”)

John Helmer describes how Russia is identifying electricity grid targets, as well as current ideas for creating a demilitarized zone.

With COP Gridlocked, Critics Blast ’27 Years of Obstructionism, Delay, and Greenwashing’

One activist on the COP’s underwhelming performance: “Once again we are seeing rich countries trying to evade their responsibility.”

Tom Ferguson: Worker’s Wages & Leverage are the Real Targets

Why did Corporate Democrats “cede” the economic argument? Are they really fighting inflation or trying to weaken workers’ bargaining power?

You’re Living in a World Wrought by Central Banks. Notice Anything Wrong?

Nomi Prins warns that central banks’ strategies are destroying the real economy, worsening inequality, and creating societal chaos.

Not Every Robin = Spring and Not Every Story About Moving Away from the Dollar Is Well Founded

A small illustration of why some of the stories about reducing dollar dependence are misguided.

U.S. Diesel Inventories Hit Historic Lows At The Worst Possible Time

The diesel squeeze is getting worse, but it is still not clear how actute it might become.

Repairing a Fractured World Economy?

Richard Kozul-Wright describes the current world economic disorder, and discusses possibilities and limits of effective regional responses

Debunking the Petrodollar Myth: Pricing Oil in Dollars Is Just a Convention

The term petrodollar has come to have talismanic value. Time to instill some reality.

Limits to Growth: Inconvenient Truth of Our Times

Before the first UN environmental summit, The Limits to Growth showed Earth’s finite resources cannot support ever-growing human consumption.

Real Progressives Live with Michael Hudson: The Destiny of Civilization

Michael Hudson explains how financial capitalism won the struggle with industrial capitalism and gave rentiers the upper hand.

Has this Contorted Labor Market Forced Companies to Change their Thinking about Layoffs?

There is now mounting anecdotal evidence that many employers are having second thoughts about laying off people at the first signs they see their revenue growth get into trouble.

Collateral Damage From Higher Interest Rates

Why to be wary of Larry Summers selling another Volcker-type “kill the economy to save it” interest rate jihad.