Category Archives: Guest Post

Michael Hudson Answers Questions on Europe’s Self-Immolation, Fed’s Malpractice, Changing World Order

Michael Hudson covers a wide range of topics, including the decline of Europe, the Fed’s mismanagement, the rise of new economic blocs

Will Japan and South Korea Learn From US Allies in Europe?

Washington works to enlist Tokyo and Seoul in its efforts to contain Beijing, but will Japan and South Korea end up suffering more than China?

Europe’s Wind Energy Industry Has Hit A Rough Patch

Major wind turbine makers are reporting massive losses and laying off swaths of employees due to supply chain snarls and other missteps.

Links 11/26/2022

Links 11/25/2022

The Good News and Bad News About the World’s Most Troubled Systemic Lender, Credit Suisse

Credit Suisse may have taken an “important step” in its turnaround process, as its unfortunately named chairman Alex Lehmann said this week, but it is also suffering a gathering run on deposits

Links Thanksgiving Day 11/24/2022

Something Just Cracked in Spain’s Mortgage Market

Spain already witnessed one of the most spectacular housing bubbles and busts so far this century. As pressures in the mortgage market grow, the government and banks are determined to avoid a rerun.

Massive Cancellations Make Mess of Already Low New-House Sales. Inventory Glut at Deep Housing Bust 1 Level. Buyer Traffic Plunges

Another thing: inflation. Just when you thought the construction-cost spike was abating, it hit a new record.

2:00PM Water Cooler 11/23/2022

~ Today’s Water Cooler ~

Is Science Really Self-Correcting? Yes, But the Mechanism Varies

cience, or here, scientific journals do have their problematic papers caught out. But oddly they are not delisted or deplatformed.

COP27’s Loss and Damage Deal Isn’t a Win. It Committed Us To Devastation

COP27 made no clear commitment to decarbonisation and stopping climate-change-induced loss and damage

Polish President Andrzej Duda Doesn’t Want War With Russia, But He Doesn’t Want To Tell Polish Voters

President Duda was pranked! Hilarity and uncomfortable revelations follow.

2:00PM Water Cooler 11/22/2022

~ Today’s Water Cooler ~

Audits — Hidden Until Now — Reveal Millions in Medicare Advantage Overcharges

Newly released federal audits reveal widespread overcharges and other errors in payments to Medicare Advantage health plans for seniors, with some plans overbilling the government more than $1,000 per patient a year on average.