How Climate Change and Widespread Unaffordable Home Insurance Will Wreck Property Values
The death spiral of home insurance in climate afflicted areas has begun. The will and means to tackle underlying issues are sorely wanting
Read more...Category Archives: Economic fundamentals
Higher Impact of Inflation on Lower Income Households Means US Poverty Is Understated
A new study confirms many reports: inflation in the US markedly degraded the position of middle class households, pushing some into poverty
Read more...The Planet Had 58 Billion-Dollar Weather Disasters in 2024, The Second-Highest on Record
The world endured three of top-20 costliest disasters in 2024, its fifth-deadliest wildfire, and three heat waves with over 1,000 deaths
Read more...Cut Flowers, Coffee, and a Geopolitical Shock
Colombia and coffee and flowers, or how successful bullying does not necessarily translate into durable wins.
Read more...Tariffs Are Coming: How Trade Dynamics Will Shape Aggregate Demand and Inflation
Consumers may not suffer from more inflation per official data if Trump imposes tariffs. But that does not mean they won’t be worse off.
Read more...Michael Hudson: Trump’s Balance-of-Payments War on Mexico, and the Whole World
Why US trade and economic threats against Mexico could trigger a financial/currency crisis that may propagate across the Global South
Read more...How ‘Dupes’, Fast Fashion and China’s Economic Slowdown Spell Disaster for the Luxury Sector
The luxury goods market is in bad shape, an indicator of how the moderately well off and “aspirational” shoppers are under income stress.
Read more...How Far Will Trump Get With Shock and Awe?
Some of Trump’s first day initiatives will run into a buzz saw of legal opposition, but others on the economic warfare front seem to pack a punch.
Read more...Close to 30 Million Americans Face Limited Water Supplies, Government Report Finds
Struggles over water use and cost are set to intensify as usage outstrips supplies.
Read more...How Trump 2.0 Could Herald a New Age of Authoritarian Capitalism
To discuss: “Trump’s weaponisation of US power poses a threat to peace, prosperity and the planet.”
Read more...The Next Unwind of Social Guarantees: Home and Medical Insurance
A Wall Street Journal column suggests that elite conventional wisdom favors more gutting of medical and home insurance as unduly “socialized”
Read more...There’s No Growth, so What Should Labour Do?
Labour’s dilemma — which has parallels in other countries — leads to vague aspirations that are almost meaningless, and probably undeliverable. So, what should it do?
Read more...Michael Hudson: Trump on Greenland, Panama and Canada
Michael Hudson on the method in Trump’s seeming madness in laying claim to Greenland, Canada, and the Panama Canal.
Read more...Actuaries and Scientists Warn Climate Shocks Risk ‘Planetary Insolvency’ as Power Struggles About How to Rebuild LA Begin
A new report shows a 50% GDP fall from 2070 to 2090 due to climate change. Los Angeles gives a taste of coming struggles about what to do.
Read more...James Galbraith: How the Fed Became Less Powerful Despite Weakened Congressional Oversight
Fifty years ago the actions of the Fed mattered. Today, as far the aggregate measures of America’s domestic economy go, they do not.
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