Leverage & Interconnectedness Are Blowing Up Crypto & DeFi
What’s different this time: Stuff blows up because of leverage and cascades through the crypto space because everything’s interconnected.
Read more...Category Archives: Free markets and their discontents
Rishi Sunak Could Become PM. Here’s What He Doesn’t Want You to Know
From offshore dealings to right-wing think tanks, a guide to Rishi Sunak, the man who could become the UK’s richest PM
Read more...Michael Hudson: From Junk Economics to a False View of History – Where Western Civilization Took a Wrong Turn
Hudson reviews how economics has misrepresented the evolution of money and land ownership and promoted oligarchy.
Read more...The G7 Is Still Pushing Its Nutty Russia Oil Price Cap Idea
A new effort to punch Russia in the nose look as likely to backfire as earlier attempts, charitably assuming the scheme gets off the ground.
Read more...FBI Now Joins in China Warmongering in Bizarre Speech in London with MI5 About Taiwan, Intellectual Property Theft
The US is really really out to heat things up with China…
Read more...Weaponizing Free Trade Agreements
free trade agreements may increasingly become economic weapons in the new Cold War, disrupting earlier globalization.
Read more...Michael Hudson: A Depression Is Coming
Economist Michael Hudson explains the inflation crisis and warns a “long depression” is coming, due to the new cold war on Russia and China.
Read more...Putin’s Invasion of Ukraine Didn’t Cause the Food Crisis. Capitalism Did
Small farmers are the world’s primary suppliers of food. It’s imperative we listen to them, not the big corporates
Read more...“G7 Aims to Hurt Russia with Price Cap on Oil Exports”
If this harebrained Russia oil price cap scheme gets off the ground, it’s likely to be yet another Western economic own goal.
Read more...How Greedy Corporations Fuel Inflation
How companies are adding to inflationary pressures by increasing prices when not warranted by costs.
Read more...WTO 12th Ministerial Conference Continues Sorry Record of Anti-Worker, Anti-Developing Economy Policies
After pretenses that it might be more solicitous towards people, as opposed to big companies, the WTO followed the money masters.
Read more...More and More Crypto Crashing and Burning as DeFi (Decentralized Finance) Misbehaves
The great crypto unwind is underway, bringing to light even more bad practices than you likely knew about.
Read more...Michael Hudson: The Fed’s Austerity Program to Reduce Wages
The Fed, following neoclassical orthodoxy, hates having ordinary workers properly paid.
Read more...Michael Hudson Talks About Almost Everything with Jonathan Brown
Another blockbuster interview with Michael Hudson.
Read more...What Does Capitalism Repress? A Jungian Perspective.
Who or what does capitailsm serve?
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