How Finance Capitalism Ruined the World – Dr. Michael Hudson & Dr. Steve Keen
Micheal Hudson and Steve Keen review how finance capitalism prevailed over industrial capitalism, and why that produced bad outcomes.
Read more...Category Archives: Economic fundamentals
Restructuring of the Global Economy – Michael Hudson, Alexander Mercouris & Glenn Diesen
A wide-ranging talk, both geographically and historically, on the accelerating changes in the global economy
Read more...Comparing How the West and China Offer Loans to Developing Countries
China challenges Western institutions. Each side offers distinct and competitive lending strategies for global infrastructure and development
Read more...Has the Energy Transition Hit a Wall?
The much-touted green transition is flagging due to rising materials costs.
Read more...Quelle Surprise! Fast Fashion Exploits Poor Workers; Industry Engages in Empty Virtue-Signalling
Don’t believe the fashion industry’s stated commitment to support a living wage for Bangladesh’s garment workers.
Read more...Why Biden Is in Trouble About the Economy
Why skeptics are correct to doubt the Biden Administration claims touting how well the economy had done under its stewardship.
Read more...Could It Be the Fed’s Mega-QE Created So Much Liquidity That Tightening Doesn’t Work until this Excess Gets Burned Up?
Financial Conditions loosen further: credit markets blow off the Fed to make sure “higher for longer” gets entrenched? That would be funny.
Read more...Iran’s Proposed Embargo Could Cause Chaos in Oil Markets
A brief look at the impact of the 1970s oil embargo, and what the effects might be if one were implemented now.
Read more...The New Electric War Campaign – How the Russian Army Will Select the Ukrainian Targets
How Russia is likely to target the Ukraine electric grid this winter. Looting of aid funds for repairs has made things easier.
Read more...The Dirty Secret Behind the Hydrogen Hype
Despite promises of opportunity and jobs, communities slated for hydrogen projects oppose these handouts for the fossil fuel industry
Read more...U.S. Eyes Tighter Sanctions On Iran’s Oil And Gas Exports
The US again plans to deploy its favorite weapon, sanctions, againt Iran. But will the US get the cooperation it expects?
Read more...The Gods Are Going Against the Chosen People — Mammon Against Israel, Mars Against the Pentagon
Why Israel can’t handle a long war economically, and is prettyu sure to get one.
Read more...Ukraine’s Desperate Search for War Funding Hits Local Budgets
Ukraine’s local authorities are undes serious budget stress despite government assurances of support
Read more...Theories of Economic Crises
How different economic theories, or more accurately, stories, about crises, have profound impact on policy.
Read more...The Humanitarian Case for Another Arab Oil Embargo
Will the Gulf States again use an oil embargo to increase leverage against the US and Israel?
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