Fog of Financial Sanctions: Visa and Mastercard Shutdown in Russia Whacks Consumers
Russia is scrambling to deal with being shut off Visa and Mastercard.
Read more...Category Archives: Economic fundamentals
America Defeats Germany for the Third Time in a Century: The MIC, BARE and OGAM Conquer NATO
Why America is operating abroad to advance the interests of arms dealers, oil & gas, and Big Finance, and not its citizens.
Read more...Financialization at Heart of Economic Malaise
Sadly, finacialization is still very much with us, even though policy-makers know better by now.
Read more...Wall Street Journal Mystified By Public’s Sour Mood Despite “Booming” Economy
Americans are not happy despite a not at all bad economy leaving most with higher savings and pay than pre-Covid.
Read more...5 Commodities That Could Explode As The Ukraine Crisis Escalates
A look at the commodities that are most vulnerable to reduced supply from Russia.
Read more...Does Limited US Shale Spending Guarantee Higher Energy Prices?
Reduced shale investment is set to lead to sustained higher prices. That’s good for the planet but hard on budgets.
Read more...Peasants Marginalized by Big Farms
Why big farms are often not better.
Read more...Commodities Price Increases and Prospect of Shortages Feeding Inflation Fears
Many commodities, particularly metals and energy, are in short supply, which points to even higher prices.
Read more...On-Time Rent Payments Sag Amid Massive Spike in Rents
Rents are up a lot in most places in the US of any consequence. Not all tenants are keeping pace.
Read more...How to Deal with a “Bretton Woods Moment”
A new global economic system has to be based on a key principle of Bretton Woods: multilateralism
Read more...Resource Nationalism on Rise in Latin America, As Fever for “White Gold,” aka Lithium, Grips the World
Countries in the region are taking greater control of the revenues generated by the minerals and hydrocarbons produced within their borders, in particular when it comes to lithium.
Read more...Resource Limits to American Capitalism & The Predator State Today
James K. Galbraith discusses the shift of the US from industrialism to his so-called predator state: finance-led, military-centered corporatism
Read more...Resist Inflation Phobia Coup
Efforts to cure inflation, at least for poorer countries, will prove to be more damaging than the disease.
Read more...Occupy the SEC to DoJ: Act on Congressional Mandate, Quit Rubber Stamping Bank Mergers
Occupy the SEC is back! The small group of lawyers, bank compliance experts, and financial services industry product specialists generated an outside reputation with its highly praised, over 300 page comment letter on Dodd Frank. As Law.com wrote: In detailing how they believe the Volcker Rule can be strengthened, Occupy the SEC has written what […]
Read more...Inflation Paranoia Threatens Recovery
Inflation hawks are winning. A ‘beggar thyself’ race to raise interest rates has begun. But this response slows economic growth.
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