“Crypto Is a Fraud on the Public”: Financial Watchdog Explains Ties Between Crypto and the Banking Crisis
Dennis Kelleher of Better Markets explains why crypto is the last place anybody should be running to for safety.
Read more...Category Archives: Free markets and their discontents
PBMs, the Brokers Who Control Drug Prices, Finally Get Washington’s Attention
Why it isn’t easy to slip the leash of PBMs.
Read more...Big Food Raking in Huge Profits From Price Hikes as US Hunger Persists: Analysis
Big food company profit-goosing price hikes confirms that the Fed is barking up the wrong tree in going after labor.
Read more...New Wave of Asylum-Seekers at US Southern Border as Title 42 Expires
Even the mainstream media acknowledges that an expected surge of immigrants at the US border will push a bad situation into crisis.
Read more...How Trade Fragmentation Affects Bank Credit Supply
Engaging in more bilateral trade to bypass the dollar fragments the activities of major international banks and even affects locak players.
Read more...The Mercenaries Who Fight for American Empire
How private military contractors, aka mercenaries, are now an essential part of America’s increasingly privatized wars.
Read more...We Can Use AI in the Economy but Only If We Are Willing To Tax Capital More Heavily
What future is there for labor with AI?
Read more...4 US Banks Crash in 2 Months: Banking Crisis Explained by Economist Michael Hudson
US banks keep falling over but the Fed is curiously indifferent.
Read more...Is There Motive Behind the Fed Making Such a Mess of the US Bank Wobbles?
The Fed seems awfully indifferent to the (so far) low level bank crisis it has created.
Read more...Big Banks Must Become Globally Resolvable – or Significantly ‘Smaller’
Sadly, coming up with a way to resolve big international banks is a non-starter. The answer is very strict regulation. But that would be work.
Read more...Workers Who Have Occupied an Italian Factory for Two Years Are Getting Close to Owning It Themselves
Workers are attempting to start Italy’s first community and non-profit factory that could become an inspiration for workers elsewhere. Could it happen in the US?
Read more...How Union Members Honor Workers’ Memorial Day
April 28 was Workers Memorial Day in the US when union workers rededicate themselves to the fight for safer working conditions.
Read more...TikTok and Critical Mass
TikTok is becoming an important vehicle for what old farts call consciousness raising. But can it foment serious protests?
Read more...Who Will Save Puerto Rico’s Beaches From Rising Seas, Storms, and Developers? The People
As conflicts over public beach access on the island become more complicated and frequent, residents try to take matters into their own hands.
Read more...Do Dem Party Leaders Want to Increase Support from Independents?
The US is split between party loyalists and independents who don’t trust either tribe to watch their back.
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