Category Archives: Economic fundamentals

Why the Oil and Gas Industry Will Never Be the Same

An overview of the dislocations in the oil market.

Is There Deflation or Inflation in Our Future?

We don’t have a recovery in sight, but some economists are already worried about inflation.

Max Blumenthal and Ben Norton With Michael Hudson: US Coronavirus “Bailout” Is a $6 Trillion Scam

Michael Hudson explians why the coronavirus bailouts are even more of a gimmie to the rich than they look.

Coronavirus-Induced Food Supply Disruptions Hitting Farmers, Poor Consumers

Food scarcity is already starting to bite in the US and is likely to become a serious problem in much of the world.

Become a Manufacturing Powerhouse in 2020—An Economic Recipe for Our Times

On bringing manufacturing back home.

Inequality and the Coronavirus: Destroying American Society From the Top Down

Coronavirus is exposing the severity of inequality in the US, particulary limited access to health care and the health costs of poverty.

The Coronavirus New Normal Has Only Started To Arrive

Why we aren’t even at the end of the beginning of coronavirus-induced change.

The Worst Is Yet To Come for Oil Prices

Collaping oil prices demonstrate the severity of the fall in real economy activity.

Replacing Workers Has Many Costs

Companies remains short-sighted about the cost of ditching workers.

How COVID-19 Showed America’s Dependence on Blue-Collar Workers

The outbreak of “hero” talk is a long-overdue admission that blue-collar workers are the backbone of the US economy. Time to pay them more.

Lockdown Rebelliousness: Denying that Coronavirus Is in Charge

The supposed irresistable force of the economy is losing out to the immovable object of the coronavirus.

Taleb: The Only Man Who Has A Clue

A recap of what Taleb and his fellow complex systems analysts have been saying about coronavirus. Not pretty.

The New Fault Lines in a Post-Globalized World

Coronavirus is smashing up the economic and political order. What sort of world comes next?

“Something Has Gone Wrong”: UK Government, Banks Screw Up Coronavirus Loans, Small Firms Near Collapse. Better Results in Other Countries

Quelle surprise! Big banks in the UK don’t like making small business loans, especially not at 1.5%.

The Really Really Yucky Airlines Bailout

The airlines are at the trough. It’s not quite as unseemly as the 2008 bank bailouts, but that’s an awfully low bar.