Category Archives: Guest Post
One Year In, The First Ever Large-Economy CBDC, Nigeria’s eNaira, Is a Gigantic Flop
The Central Bank of Nigeria is undeterred. To deepen its drive to “entrench a cashless economy” and boost take-up of the eNaira, it is launching a demonetization process not too dissimilar from India’s.
Read more...The Destiny of Civilization: An Interview with Michael Hudson on Economic Development, Rentierism, Debt, China
Another tour de force with Michael Hudson, covering development, rentierism, economic narratives, debt dynamics, and the rise of China.
Read more...The Best Climate News You May Not Have Heard About
The Montreal Protocol — designed to save the ozone layer — is also averting other global warming/climate damage.
Read more...Thieves’ Paradise in Kiev — IMF Admits It Doesn’t Know How Much Ukraine Has Received of $35 Billion in Promised Foreign Cash, or Where the Money Was Spent
It isn’t surprising that IMF funds to Ukraine are lost in action. What is surprising is the IMF isn’t pretending to care.
Read more...Links 11/3/2022
Climate Minister: Until People in Developed Nations Start Dying, Nothing Will Change
What level of climate pain will it take to stir advanced countries out of their complacency?
Read more...Michael Hudson: Germany’s Position in America’s New World Order
Why is Germany in thrall to the US, to Germany’s great detriment? A historical analogy provides some insight.
Read more...EU Threatens Secondary Sanctions Against Turkey Amid Row Over NATO Bids, Russian Ties
Tensions continue to rise between Türkiye and NATO with the EU threatening Ankara with secondary sanctions over its dealings with Russia and Washington using Greece and Cyprus to pressure Türkiye.
Read more...After Bolsonaro’s Failures, Why Was Brazil’s Election So Close?
Lula wins by a whisker, but the Bolsonao Christian Right remains a powerful threat.
Read more...Successful Tool Lending Libraries Force Us to Rethink What the Public Is Willing to Share
Tool libraries lend implements and devices and provide guidance to community members who can’t afford to own or store their own tools.
Read more...2:00PM Water Cooler 11/1/2022
~ Today’s Water Cooler ~
Read more...Stop Worshiping Central Banks
Preoccupied with ‘credibility’ and reputations, central banks are again driving the world into recession, financial turmoil and debt crises.
Read more...Is Venezuela’s US-Appointed “Interim” President Juan Guaidó On His Way Out?
Gauidó has long outlived his usefulness. Now, he and the “interim” government he fronts are an obstacle in the way of reopening Venezuela’s oil market to US oil majors.
Read more...The U.S. Diesel Shortage Is Worsening
That diesel shortage we warned you about is arriving. So what is likely to happen?
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