Category Archives: Guest Post

Michael Hudson and Paul Craig Roberts: It Is Time To Remove The Debt Barrier To Economic Growth

Why it’s time for a widespread debt writedown.

Yanis Varoufakis: Draghi’s Outrageous Deployment of McKinsey, Europe’s Predicament, DiEM25’s Proposals

Yanis Varoufakis decries how McKinsey is undermining democracy in a putative first world country, a big step up from South Africa and Saudi Arabia.

The Long Term Damage of Economic Downturns

As the well off sail on, either unaffected by or profiting from Covid’s impact, for many, the economic damage is severe and lasting.

Spain’s Labor Office Hit by Massive Ransomware Attack As Unemployment Hits Four-Year High

The victims of this latest ransomware attack are among the most vulnerable in society — those who have lost their jobs or whose jobs have been furloughed.

New York City Lost a Record 631,000 Jobs to the Pandemic in 2020. So What’s Next?

A look at the raw numbers behind the pain of New York City’s biggest economic downturn since the Great Depression.

Biden Stimulus Plan Shores Up Weakest Multi-Employer Pension Plans Rather than Taking on Private Equity Abuses

A Biden rescue of the sickest private pension plans goes largely under the radar.

2:00PM Water Cooler 3/15/2021

~ Today’s Water Cooler ~

Links 3/15/2021

‘Disturbing’: Rich Nations Vaccinating Person Per Second While Blocking Effort to Share Recipe With Poor Countries

Rich nations continue to block a propsed waiver of intellectual property rights to allow global sharing of vaccine tecnology and production.

Nomi Prins: To Build or Not to Build? The Infrastructure Question

For all sorts of bad reasons, American has a huge infrastructure spending backlog. But can we even do the job well?

For the Birds: Lights Out Philly

Bird Safe Philly announces voluntary initiative to switch off lights on skyscrapers to prevent migrating birds from crashing to their deaths.

Links 3/14/2021

Meet the “New Koch Brothers” – the Hedge Fund Activists Wrecking America’s Green New Deal

Wealthy predators are playing stock market games with companies needed to develop and produce clean technology.