How the Current Refusal to Deal Harshly with Failing Banks and Their Executives Will Create an Even Bigger Crisis
Why the expected official response to this bank panic wil make matters much worse, just not right away.
Read more...Category Archives: Politics
Secession Is Here: States, Cities and the Wealthy Are Already Withdrawing from America
Alienation and separatism can go a long long way before getting to outright secession, and they still have real consequences.
Read more...Lack of Grownups in the Room Exacerbates Bank Freakout
The bank firefighting squad seems to be out on a bender.
Read more...Why is America So Anti-City? It Holds Back the Entire Country
oth parties are exacerbating the city/country split. How different are their interests?
Read more...California’s Covid Misinformation Law Is Entangled in Lawsuits, Conflicting Rulings
California’s Covid censorship law has not yet been killed by the judiciary, sadly.
Read more...Fed, Central Banks Created the Current Crisis and Are on Course to Making Matters Worse
The Fed has a lot of ‘splaining to do, yet seems determined to keep doing the wrong thing.
Read more...Turkey’s Opposition Leads in the Polls. Would They Move the Country Closer to the West?
The Turkish opposition’s “memorandum of understanding on common policies” reveals which way they’re likely to steer the country should they win May’s election.
Read more...The Iraq War 20 Years On: End of the US’s Post-9/11 Neoconservative Dream
The 2003 Iraq war led to huge numbers of civilian deaths, and continuing insurgencies in the Middle East and Africa
Read more...The U.S. and UK’s Submarine Deal Crosses Nuclear Red Lines with Australia
Why has Australia signed up for a pricey and security-diminishing nuclear sub deal?
Read more...The High and Getting Higher Cost of Renting in the US
Why renting is even more expensive than ever, even pinching the soi-disant middle class.
Read more...Norfolk Southern CEO Makes Obligatory Congressional Appearance But Doesn’t Commit to Rail Safety Changes
The Norfolk Southern CEO dialled in his Congressional testimony as more and more damning details about the Ohio crash emerge.
Read more...Michael Hudson Talks to Ben Norton About SVB and Bank Failures
Michael Hudson gives a wide-ranging talk on SVB and other recent bank collapses, focusing on the considerable role of misguided Fed policies
Read more...The Not-So-Winding Road from Iraq to Ukraine
“Fool me once, shame on thee. Fool me twice, shame on me.” The Global Soutn has wised up in the wake of the war in Iraq.
Read more...SVB and the Only Choice We Have
How the SVB bailout confirms the dedication of the elites to self interest only.
Read more...Hoisted from Comments: Rosneft Refinery in Schwedt Continues to Be a Microcosm of Europe’s Sanctions-Induced Energy Mess
A case study in sanctions blowback: how the Rosneft refinery, an important provider of diesel and jet fuel, looks like a stranded asset.
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