Is the AI Data Center Boom Building the Infrastructure for Tokenization and Control?
If the AI bubble bursts, the data center build-up could become the infrastructure for economic tokenization and state surveillance
Read more...Category Archives: Payment system
Michael Hudson: US Designs on Iran and the Trump-Xi Summit
With Iranian journalist Ali Alizadeh, Michael Hudson debunks White House spin on the Trump-Xi talk and gives a historical view of the war
Read more...Economic Management in War: Professor Michael Hudson in Discussion with Ian Proud
An informative and wide-ranging conversation of how economic policies can neglect, support, or impede the prosecution of war
Read more...US-Led Sanctions: The End of a Regime
Why the US sanctions regime has become a dead letter.
Read more...The Fed, Congress, and the President: The Constitutional Authority to Make Money
The struggle over the Fed is a constitutional conflict: in a representative system, the power over money belongs to the legislature
Read more...Move Fast and Break Everything: Crypto and the Democrats
How the Democrats brought crypto back from the dead after the FTX collapse and how weak oversight harms consumers and produces systemic risk.
Read more...Satyajit Das: Stablecoins – Invention Looking For A Problem?
Satyajit Das sets forth the very strong case against stablecoin.
Read more...“BRICS Are the New Defenders of Free Trade, the WTO, the IMF and the World Bank” and Support Genocide by Continuing to Trade with Israel
Discussions of how BRICS is not living up to its lofty promises and is on the path to supporting neoliberalism and hegemony in new clothes
Read more...Michael Hudson: Who Writes the New Rules as Power Shifts Away from the US?
Michael Hudson discusses many of the responses to the US loss of economic dominance, from Europe’s self-immolation to China’s lending.
Read more...Trump’s Impact on the Financial Sector and Global Dollar System
A wide-ranging review of how unccordinated Trump policies undermine the dollar and the international banking system, and even each other.
Read more...“Could 2008 Happen Again?”
Private debt levels, particularly for real estate, look evocative of the 2008 crisis. But how is a rerun likely to differ?
Read more...Genius Act: This New US Crypto Law Could Pave the Way for the Next Global Financial Crisis
On top of the leverage bombs in the US and other financial systems, the embrace of crypto, specifically stablecoins, is another systemic risk
Read more...Crypto Crooks Now Eating Their Own as Crypto Holders Targeted in Crime, Even Violent; Coinbase “Hack” an Inside Job, and Highly Damaging to Wallet-Holders
Crypto crirme, particularly violent ones like finger-choppings, are increasing. This should not be much of a surprise.
Read more...Trump Executive Order Calls for End of Paper Checks for Taxpayer and Government Payments by Sept. 30; Industry Official Snort About Deadline; What About User Payment Charges?
Trump has mandated a Mission Impossible: getting rid of paper checks for Treasury receipts and payments by September 30
Read more...Yanis Varoufakis: Crypto’s Role in Trump’s Economic Masterplan (With Special Emphasis on Stablecoins)
Might there be more method in Trump’s crypto and dollar madness than most assume?
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