Further Discussion of Boeing’s Slow Motion Liquidation: Rational Given Probable Airline Industry Shrinkage?
More on Boeing as a symbol of industrial decline, here due to broader environmental and coming energy cost pressures.
Read more...Category Archives: Globalization
Inputs in Geopolitical Distress: A Risk Assessment Based on Micro Data
By Alessandro Borin, Deputy Head, Emerging Markets and World Trade Division at Bank Of Italy, Gianmarco Cariola, Research Economist at Bank Of Italy, Elena Gentili, Economist at Bank Of Italy, Andrea Linarello, Economist at Bank Of Italy, Michele Mancini, Senior Economist at Bank Of Italy, Tullia Padellini, Statistician at Bank Of Ital, Ludovic Panon, Senior […]
Read more...Michael Hudson on Russia, Iran and the Red Sea: NATO’s War Economy Collapses
Michael Hudson describes how the US, embarrassingly bested by Russia and now the Houthis, is doubling down on ally-damaging economic retaliation.
Read more...World Bank Enables Foreign Aid Theft
The World Bank encourages governments to reduce capital controls, draining precious foreign exchange and government resources.
Read more...China Is the World’s Sole Manufacturing Superpower
Not surprisingly, China tallies as number one in manufacturing…..and that is before European deindustrialization has really gotten going.
Read more...The US, Israel Have Lost Battlefield Control – Houthis Have Attacked US Destroyer, Hit Greek-US Owned Bulker; Iran Has Hit US Base in Kurdish Capital, Erbil
The Houthi situation has developed not necessarily to the US’ and UK’s advantage.
Read more...Fixing the Panama Canal
The impact of the reduction in Panama Canal capacity illustrates choices we will have to make. Some are more pro-survival than others
Read more...Odds of US Bank Failures Rise with Office Space Loan Losses, Fed Interest Rate Mismanagement
US bank pain: Loans for urban office buildings come a cropper as they were already suffering other interest rate losses.
Read more...Beijing’s Bid For Influence in the Global South
Even a US propaganda organ is having to take notice of how China is taking advantage of US policy failures, particularly in the Global South.
Read more...From the Great Divergence to South-South Divergence
A discussion of the need to replace the Great Divergence framework illustrates how economists often cling to outdated ideas.
Read more...Status of US Dollar as Global Reserve Currency and USD Exchange Rates: Long, Slow, Uneven Decline Continues
China’s renminbi keeps losing ground. But tiny “other” reserve currencies combined are taking share from the US dollar.
Read more...Prof. Michael Hudson, World Predictions for 2024 (USA, UN, Palestine, Russia And BRICS)
Michael Hudson pulls out his crystal ball to forecast what might be in store for 2024.
Read more...Because of Israel’s War Against Palestine, There Are No Innocent Ships at Sea
The Houthis raise the ante in their campaign against ships that could be bound for Israel.
Read more...India’s Russian Oil Imports Helped Prevent A Global Polycrisis
India makes a bold claim about spillover benefits from having ignored Western sanctions on Russian oil.
Read more...Europe’s Bad China Bluff
A show of Europe’s leaders eyepoking China to try to shift blame for their policy failings.
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