Category Archives: Economic fundamentals

Gasoline Demand Destruction Accelerates Despite Plunge in Prices: Consumption Drops to August 1997 Level

Gasoline purchases show a softening economy, but the Fed is likely to ignore that memo.

Russian Aviation Industry Corrects Yeltsin Yaw – Boeing, Airbus Ditched

Russia is moving ahead with aviation import substituion. In theory, this should be within Russis’s grasp. But what about timelines and costs?

Fog of War, Military and Economic

Some questions about quality of Ukraine war commentary.

Michael Hudson on Student Debt Relief, Inflation, Ukraine Disaster Capitalism, Petrodollar Challenge

Michael Hudson gives a newswap with Ben Norton: student debt forgiveness, inflation, Ukraine, dollar rows, and the death of the Queen

EU Wrangling Over Energy Plans That Amount to Band-Aid Over Gunshot Wound

Even with energy-hungry businesses shuttering or reducting operations, most EU officials don’t grasp how bad things will become.

Truss Energy Shambles

New Prime Minister Liz Truss is aleady managing to underperform the low expectations for her.

Tiny Algae Could Help Fix Concrete’s Dirty Little Climate Secret – 4 Innovative Ways to Clean Up This Notoriously Hard to Decarbonize Industry

Some possible ways to make concrete less of an environmental problem.

Gorbachev Paved Way for Oligarchs – Aleksandr Buzgalin

By opposing deep democratic reforms from below, Gorbachev laid the groundwork for privatization and the looting of the 1990s.

“Lehman Event” Looms For Europe As Energy Companies Face $1.5 Trillion in Margin Calls

Why energy price spikes are threatening the financial system. And any derivatives bailout will take prescedence over businesses and housholds.

1980s Redux? Developing Countries See New Context, Old Threats

s rich countries raise interest rates, developing countries face slowdowns, inflation, higher interest rates, more costs and debt distress.

Europe’s Economic Controlled Flight Into Terrain

More on Europe’s economic suicide.

Peace Talks Essential as War Rages on in Ukraine

Peace in Ukraine is a worthy aim. But the West can’t bring itself to offer what Russia might accept.

European Stainless Steel Mills Are Closing Due To Energy Crisis

Stainless steel mills are now keeling over due to energy price spikes. Who will be next to fall?

Is Wood the Climate-Friendly Urban Building Material of the Future?

Experts claim there will be a large need for additional construction through 2050. Is wood the answer?

6 Economic Experts Reveal the Truth About the Inflation Reduction Act

Is the Inflation Reduction Act good for your wallet? A climate bill in disguise? Landmark action or nothingburger?