Monopoly Power vs Democracy – Matt Stoller
A wide-ranging discussion of some of the key mechanisms for exercising power in advaced economies, starting with monopolies.
Read more...Category Archives: Europe
Bloomberg Describes Europe’s Severe and Sustained Energy Crisis Due to Loss of Russian Gas
Bloomberg is countering the prevaiing cheery narrative that Europe can muddle through its ongoing energy crunch.
Read more...Michael Hudson Discusses the Future of Europe and Global Restructuring
Michael Hudson describes how the war with Russia is changing the economic and political order, and not to the advantage of Europe and the US.
Read more...Stocks Open Eyes, See Fed Pivot Hawkish; ECB Hike into Recession, Start QT; BoE Hike into Recession; SNB Hike, Sell Foreign Currency Assets
ECB’s assets drop by €800 billion. Mexico hiked too today, way ahead of the Fed, keeps peso from falling against USD.
Read more...US Heavy-Handedness Forges Russia-Iran-India Ties
This Asian north-south bloc grows stronger in response to Washington’s efforts to maintain hegemony, and as Sir Halford John Mackinder said, “Who rules the world island commands the world.”
Read more...Hungary Asks the War Questions and Probes Merkel’s Minsk Deception
On Merkel’s and Germany’s posture toward the war in Ukraine and Russia generally.
Read more...The Night of the Pen Knives – The Olaf Scholz Plot Exposed as Putz, Not Putsch
German Chancellor Olaf Scholz and Thomas Haldenwang, the internal security chief Scholz accepted from Angela Merkel, have pulled off a media coup in the style of the first German minister of propaganda.
Read more...Japan and the Netherlands Join US Efforts to Cut Off China from Advanced Chips
Japan and the Netherlands are joining the US in tightening controls over the export of advanced chip-making machinery to China.
Read more...No Appeal Filed in The MH17 Case – Ursula von der Leyen Proposes The Start of a New Show Trial
The dubious but not surprising end of the MH17 trial.
Read more...Dethroning the Dollar: What Governments Propose, IT Disposes
Why the road away from the dollar will have many twists and turns.
Read more...Dethroning the Dollar: Why the Alternatives Are Not Ready for Prime Time
Why the dollar’s demise is not around the corner.
Read more...Russia’s General Patience and the Pause That Refreshes
Taking stock of the damage done by Russia’s continuing missile attacks and what that means for the war in Ukraine.
Read more...A New Era for Germany’s Gas Industry Fuels Climate Fears
Moves to end energy dependence on Russia are a win for the gas lobby, locking Germany into the global market for liquefied natural gas.
Read more...Ukraine War: Turkey Is the Pivot Point Between Russia and the US – History Shows Us Why
A perhaps too glib and US-favoring read on Turkey-Russia relations.
Read more...Biden Keeps Up Tough Talk on Ukraine Despite Evidence of Failure
The collective West is having a wee bit of trouble with facts on the ground in Ukraine.
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