Category Archives: Economic fundamentals

Fighting Inflation Excuse for Class Warfare

Too many central bankers are raising interest rates at the expense of working people’s families, supposedly to check inflation.

Paradigm and Nervous Breakdown: Globalization Goes Into Reverse as Inflation/Scarcity Crisis Accelerates

How long-established structures are approaching breakdown, yet those in charge try to look past that.

Geopolitics Takes A Back Seat As Biden Drops Sanctions On Venezuela

Quelle surprise! The US is trying to kiss and make up with Venezuela.

Michael Hudson on the Ongoing Economic War

Michael Hudson looks at the long game of fundamental ecomomic restructuring of trade and financial relations among great powers.

Bad Breath of Inflation Sinks Target, Walmart, Other Retailers on Surging Costs of Products, Labor, and Transportation

Mr. Market had a meltdown because retailers were unable to pass on all their cost increases. What’s a capitalist to do?

Whither Hegemony? Prof. Wen Tiejun Foreword to Michael Hudson’s The Destiny of Civilization

The development and future of America’s hegemony is a major focus of Michael Hudson’s new book, The Destiny of Civilization.

When Central Bank Saviours Are the Problem

Countries around the world will suffer from central bank malpractice as the Fed and its peers act as if they can treat supply side inflation

Inflation Freakout and Possible Fed Overshoot

There’s a lot of nattering about inflation and not enough insight.

As the Planet Warms, Let’s Be Clear: We Are Sacrificing Lives for Profits

Climate change is the result of a deadly calculus: human lives are worth risking and even losing over the profits of global corporations.

Time Is Running Out to Save Sri Lanka from Total Economic Collapse

Once hailed as South Asia’s ‘success story’, Sri Lanka has faced months of escalating violent unrest.

More Oil From U.S. Strategic Petroleum Reserve Heads To Europe

The use of the Strategic Petroleum Reserve looks like three card monte.

What Blew Our Financial Bubble So Big?

Why it’s more fun and profitable to be in the bubble economy than the real one.

Record High Diesel Prices Will Ripple Across The Economy

The diesel crunch is getting more acute. What could happen next?

What You Need To Know about Solomon Islands

The Solomon Islands story of great power competition in the South Pacific is part of a much older one of colonial conceit and neglect.

James Galbraith: The Dollar System in a Multi-Polar World

On the rise and decline of the dollar system.