Sunday, July 27, 2025
Michael Hudson: Rescuing the Banks Instead of the Economy
Michael Hudson on his themes of how banks are mainly funding real estate rather than the economy and the problem of failing to write down debt that can’t be repaid.
Marshall Auerback: So Far, the Big Trade War Loser Is China, Not the U.S.
China has more of a glass jaw than most economics commentators thought. But how is Trump’s trade war likely to progress?
Gaius Publius: Pathology, Khashoggi, Capitalism & Climate Change
Does capitalism breed pathology?
2:00PM Water Cooler 10/29/2018
Today’s Water Cooler: More or less open thread, plus National Cat Day.
Worksheet for the 2018 Midterms (Composition of Democratic Party Electeds, the DCCC, and the DCCC vs. Our Revolution)
More on the results of the Blue Wave, no matter where it breaks.
Michael Olenick: The Real Story of “MAGA Bomber” Cesar Sayoc’s Foreclosure
A key piece of stripper-turned-MAGA bomber Cesar Sayoc’s slide into financial ruin.
Contagion in the European CoCos Market
the possibility that the coupon payment on the CoCos issued by a single bank might be suspended led to very adverse dynamics in the entire market for CoCos that cannot be totally explained by banks’ fundamentals.
Can Politics Ever Be Compassionate?
Why the time is overdue to have politics give much higher priority to reducing suffering.
Mark Ames: ShamiWitness: When Bellingcat and Neocons Collaborated With The Most Influential ISIS Propagandist On Twitter
But I want to talk about the western “experts” in Washington and London who cozied up to @ShamiWitness — especially since all of them are still around, many of them bigger and more influential in our political discourse than ever.
Video: An intro to MMT, as presented at September’s International MMT Conference in NYC
A very readable — or listenable — introduction to MMT, in plain language
Trump Adds A Global Pricing Plan To Wide Attack On Drug Prices, But Doubts Persist
Is Trump serious about lowering drug prices in the US? And even if he is, how far might his plans get?
