The middle class has taken a big hit. Is it going to mobilize?
Tuesday, July 22, 2025
Financial Times: Chinese Officials “Awed” by Trump’s “Skill as a Strategist and Tactician”
Believe it or not, many top Chinese officials are impressed with Trump’s game so far.
2:00PM Water Cooler 7/25/2018
By Lambert Strether of Corrente. Trade “Farmers prefer Trump do trade deals than hand them cash” [Associated Press]. ” Many farmers remain critical of President Donald Trump’s tariffs and the damage done to commodity prices and markets but were appreciative Tuesday that he offered to provide some cash to help offset their losses… “This is […]
10 Down-to-Earth Things Powell Said about Cryptocurrencies
The Fed is perfectly content to have cryptocurrencies be the SEC’s problem.
Brexit Crash Out Virtually Certain
Brexit uglies are only getting uglier.
Michael Hudson: Argentina’s New $50 Billion IMF Loan Is Designed to Replay its 2001 Crisis
Michael Hudson explains why the new IMF bailout of Argentina will not end well.
The Regulation That Could Push Oil To $200
A measure to clean up maritime fuel oil could cause havoc for oil prices generally.
2:00PM Water Cooler 7/24/2018
Today’s Water Cooler: China trade, Ocasio-Cortez, Russia narrative, manufacturing, commodities, shipping, Google, local journalism, Facebook, living in your car, Apple’s thin laptop debacle
Argentina 20 Years On: Has the IMF Really Changed Its Ways?
The IMF is back in Argentina. The fund pretends that it’s moved away from borrower-punitive programs, but the evidence says otherwise.
Reader Coping Strategies for Engaging With Committed Liberals
Reader survival strategies for dealing with dogmatic friends and colleagues.
America’s Subprime Economy
This so-called expansion is more and more brought to you by subprime borrowings.
Why Is CalSTRS Continuing to Out-Perform CalPERS?
Not surprisingly, CalPERS’ performance leaves much to be desired.
2:00PM Water Cooler 7/23/2018
Today’s Water Cooler: Realignment and legitimacy, forest fires, killer lawns, Raytheon, the Iowa Farm Board, ticks, and more later.
