UK Economy Falters as Pound Sterling Continues to Slide
Sustained neoliberalism is exacting a toll on the UK via currency wobbles and reluctance to raise rates in the face of budget pressures.
Read more...Sustained neoliberalism is exacting a toll on the UK via currency wobbles and reluctance to raise rates in the face of budget pressures.
Read more...China’s investors are in freakout mode about deflation risks. Can its government turn the fundamentals around?
Read more...Why DOGE, if implemented on the scale intended, will be a train wreck for the great majority of Americans.
Read more...The first-term Trump tax cuts, increased inequality. So why does there seem to be so much complacency about their renewal?
Read more...China plans to return to a higher level of growth. Are its targets attainable?
Read more...A not-complete tally cost estimate for Europe’s climate change containment comes in at €1.3 trillion annually to 2030, then >€1.5 trillion through 2050.
Read more...Trump’s win highlights popular anger in the US, Japan, and Europe over the economy despite high stock prices and low unemployment
Read more...Some detail on the French government crisis and what the next moves may be.
Read more...The firehose of affluent consumption continues to drive inflation, not the stimulus package
Read more...US presidential candidates promise policy choices but have little room to manoeuvre. Ergo, politics turns into a contest like American Idol
Read more...The Fed has little to do with the fall in inflation. Limited labor bargaining power and easing supply chain problems were more important.
Read more...As the Fed unloads Treasuries, others are purchasing them…including foreign central banks.
Read more...The Fed’s half point rate reduction was unseemly large. What gives?
Read more...A big reason Modern Monetary Theory elicits pushback is that it threatens power relations, specifically, the perceived primacy of financiers.
Read more...Mario Draghi calls for Europe, decimated by self-inflicted energy crisis and social austerity, to go on borrowing spree to pay for endless fight against Russia.
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