Category Archives: Guest Post

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.

2:00PM Water Cooler 5/5/2023

~ Today’s Water Cooler ~

Peanut Butter Is a Liquid

The matter of what is a liquid has made the news…..

Links 5/5/2023

UN Development Program Believes Ukraine’s Digital ID and Governance Platform Is Ready to “Go International”

Ukraine is “building the most convenient digital state in the world — without corruption, without bureaucracy, absolutely paperless, and open for everyone”. And the UN is on board.

Violence in Sudan and the Decline of U.S. Hegemony

The conflict in Sudan is an expression of the changing world order and the intense fight over resources and critical geographies.

Can the US Adjust Sensibly to a Multipolar World?

The US channels Nora Desmond.

2:00PM Water Cooler 5/4/2023

~ Today’s Water Cooler ~

What is Section 4 of the 14th Amendment, “The Validity of the Public Debt of the United States?”

As the Republicans are digging on raising the debt ceilings, the idea of a constitutional challenge is starting to get traction.

Is This the Beginning of the End for Gasoline?

While the arrival of what is probably peak gasoline is good news, there’s a long way to go in reducing its use.

2:00PM Water Cooler 5/3/2023

~ Today’s Water Cooler ~

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.