How Biden’s Huge Strategic Oil Release Could Backfire
Why Biden’s short term oil, really gas, price fix might be a flop.
Read more...Category Archives: Economic fundamentals
No One Will Win in the Russia-Ukraine Conflict
Gail Tverberg argues that the war in Ukraine does not get Russia or other energy producers out of their scarity bind.
Read more...Putin Edict on “Gas for Roubles” Consistent With Original Description (and Our Take); Western Officials Nevertheless Claim a Walkback
Putin’s gas for roubles plan was over-interpreted by foreign policy experts and media employees, and that’s working out to Russia’s advantage.
Read more...Joe Lauria Interviews Michael Hudson and Richard Wolff on Consortium News
Michael Hudson and Richard Wolff discuss how the economic and ground war over Ukraine is moving geopolitical tectonic plates.
Read more...Russia’s War Against Ukraine Might Persistently Shift Global Supply Chains
Economists are begining to grapple with the question of how the Russia-Ukraine war will reshape supply chains.
Read more...Putin-Scholz Phone Call on “Gas for Roubles” Mechanism Conforms to Our Assessment; Disputes Over Russia Force Reduction Around Kiev; West Pressure on China, India Continues
What Russia is up to and what if anything the West can do continues to dominate the media. Too bad we know so little about what is afoot
Read more...Ukraine Updates and More Discussion of the Russia “Gas for Roubles” Countersanction
Gazprom is scheduled to announce what its roubls-for-gas payments stipulations are, even though most Western countries said no, sight unseen.
Read more...“Dollar Hegemony Ended Last Wednesday”: Michael Hudson Interviewed by Margaret Flowers on Clearing the Fog
Michael Hudson continues to discuss how Western sanctions are undermining the central role of the dollar in US economic dominance.
Read more...War or Peace, Barbarism or Hope: War Threatens World with Stagflation
A short hisory of stagflation and why it’s a pressing risk now.
Read more...NATO-Russia Proxy War – Revealing Signs of a Fading America: Michael Hudson
Michael Hudson continues his political and financial analysis of the war in Ukraine.
Read more...US Natural Gas Production and LNG Exports Amid Urgent Demand for LNG from Europe
Europe will compete with the biggest buyers of US LNG: South Korea, China, Japan, Brazil. But Mexico bought more than all four combined.
Read more...China’s Flirtation with “Let ‘Er Rip” Goes Hard Into Reverse with Shanghai Two-Phase Lockdown
What to make of Shanghai’s sudden reversal of its plan to forego a Covid lockdown?
Read more...Rationing Looms As Diesel Crisis Goes Global
Diesel shortages are on the way to becoming so serious that they’ll first create inflation and then slow demand.
Read more...Corporations Are Suppressing Wages—There’s a Fix for That
Don’t buy the hype about wages rising naturally About 1/3 of American workers are underpaid due to the refusal to raise the minimum wage.
Read more...Some Additional Comments on the Russian Counter-Sanction of Requiring Gas Payments in Roubles
Attempting to clear some of the fog around the Russia counter-sanction of requiring rouble payment for gas by “unfriendly nations.”
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