Category Archives: Ridiculously obvious scams

Greenspan Ran the Fed for 18 Years and Left an Economic Time Bomb

Michael Hudson and Radhika Desai: take a hard look at Greenspan’s misrule at the Fed and find more not to like than you might know about

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Bank of International Settlements Warns That AI Crash Could Produce Investment Drought, Economic Contraction and Even a Crisis

The Bank of International Settlements took a look at the AI bubble. Not surprisingly, it found a lot not to like.

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Good Riddance, Alan Greenspan

Cataloguing some of the less-well recognized ways that Alan Greenspan did tremendous harm to the financial system and citizens at large.

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How Local Communities Are Challenging Big Tech Data Centers’ Noise, Pollution and Rising Electricity Bills

Opposition to data centers and AI is rising, both at the community and the consumer level.

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Green Growth Claims Are Overstated – Our Study Shows Three Reasons Why

Conor here: Perhaps what the authors call “the holy grail of environmental policy” (economic growth with less emissions) needs a rethink. Sooner rather than later they’ll have no choice as global warming will do the job if conflicts don’t, and degrowth will be imposed on us one way or another. The European Central Bank, for […]

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