James Galbraith: The Dollar System in a Multi-Polar World
On the rise and decline of the dollar system.
Read more...Category Archives: Economic fundamentals
Putin Signs Executive Order to Begin “Special Economic Measures” aka Sanctions
Russia will soon launch economic sanctions, as directed in a Putin executive order.
Read more...Abortion Drugs Fundamental to Ancient Economies, Argues Historian
Ancient and medieval herbal abortifacients were effective and important to those economies.
Read more...Out of Africa: Rich Continent, Poor People
A new book documents the scale and mechanism of the looting of Africa.
Read more...The Coming EU Embargo of Russian Oil, Russia’s Economic Challenges, and the Question of Operational Capacity
The EU is planning to punch Russia hard with yet another embargo, this of its oil. But will this wind up being more rope a dope?
Read more...Gas Flares: Europe Has a Hissy, Flails About as Russia Imposes Gas Payment Countersanctions and Economies Already Feel Blowback Bite
Russia implements its gas for roubles scheme as promised, cutting off supplies to non-adherents. Howling ensues.
Read more...The Ukraine War Clock Is a Time Bomb – It Blows Up On November 8, US Election Day
Yves here. Helmer gives interlocking updates, one of what can be inferred about the state of the war in Ukraine, the other on the prospects for Team Dem come November. Recall that Helmer was part of the Carter Administration, as so has some perspective. A couple of additions: Helmer provides evidence that Ukraine is regrouping […]
Read more...China vs. West: New World Disorder
Joanna Chiu’s book, China Unbound, argues for engaging China to seriously address human rights, climate change, and economic development.
Read more...The Energy Transition Has A Major Metals Problem
Green energy requires significant amounts of metals like lithium, cobalt, nickel, copper and manganese. Current supplies aren’t adequate.
Read more...Russia’s Campaign in Ukraine and the West’s Response: The End of the Beginning?
Even through the fog of the Ukraine war, it’s possible to discern some contours of the future emerging.
Read more...Sri Lanka Economic Crisis Inflicted by Self-Serving Elite
How the Sri Lanka debt crisis was decades in the making.
Read more...Naive Questions About Russia’s War Economy
Russia is now debating alternatives for putting its economy on a war footing: nationalizations or keeping billionaire capitalism in place.
Read more...Outdated Energy Grid Poses Existential Threat to the Renewable Revolution
Green energy skeptics cite batteries as a potential constraint on greater EV use. The electrical grid is another possible choke point.
Read more...Has Gasoline Price Shock Triggered Demand Destruction Yet? And Where Will Gasoline Prices Go from Here?
There’s some demand destruction. But oil bounced again, gasoline might be next.
Read more...U.S. Natural Gas Prices To Spike As Exports Boom
More discuss of the practical issues arising from the US plan to help fill Europe’s Russia gas gap.
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