Category Archives: Politics

U.S.’s New Hopes in Iraq Are Dashed as It Signs Longest Ever Gas Deal With Iran

The US suffers yet another setback v. Iran.

Yellen and Biden Administration Incompetence: Bullying and Entitlement, Rather Than Making a Case, Here Regarding China Overproduction

Yellen made a complete hash of the question of Chinese overcapacity, a real problem unlikely to sort itself out nicely.

Tilting at Windmills: Bernanke and Blanchard’s Obsession with the Wage-Price Spiral

The obsession of big-name economists with defending a bad model has consequences, here, a policy aim of whacking wages.

Real Energy Transition Costs Could Spell Danger for EU

The EU is belatedly confronting the costs of their much-touted energy transition. Pols and voters are balking at the bill.

No Exit: Western Imperialism, Capitalism, and Industrialization

Is industrialization the original sin of both capitalist and Communist/socialist economic systems?

The Economy Finally Doomed Erdogan in Major Defeat in Turkish Local Elections. What Comes Next?

Will the opposition be able to capitalize going forward, and what would that mean for the New Cold War?

BRICS Enlargement – a “Non-Event” or a Stage Victory Against the West?

What does BRICS want to be when it grows up?

The Medicare Maze

Eileen Appelbaum takes a critical look at Medicare Advantage, exposing how it falls short of its cost-saving and quality-enhancing promises.

Europe’s New Fiscal Rules Harm Working People and Women, Boost Right-Wing Radicals

New EU fiscal rules, touted as creating and economic growth, actually embody a dangerous agenda to shred social safety nets.

China’s Local Government Financing Vehicles (LGFVs): Ponzi Finance on Steroids

How China’s local government financing vehicles (LGFVs) became China’s most complex economic challenge.

Climate Engineering Carries Serious National Security Risks − Countries Facing Extreme Heat May Try It Anyway, and the World Needs to be Prepared

Like it or not, climate engineering is coming. What are some of the implications?

“On a Relative Scale, There’s a Strong Case that Financialization Is Worse in the PRC than the US”

On a relative basis, China is more financialized than the US which is not a pretty picture.

The Energy Transition: Technology Versus Political Backlash

A look at some of the reasons why the energy transition is running behind schedule.

Paris Wants to Show Strength, but Faces Geopolitical Crisis in Africa

A status report on France losing its hold in Africa.