For some time Richard has been saying that the recession we are facing will be worse than the official forecasts suggest, precisely because those forecasts cannot tell it like it really is, and because the economic impact of the coronavirus lockdown has yet to be fully seen because companies have yet to run out of money and furlough has yet to end. He discusses the consequences in this video.
Climate Crisis
Richard Murphy – QE and Funding the Green New Deal
A Green New Deal is not difficult to finance. The European political elite simply do not want one, instead creating a Brown Deal giving billions of public money to corporations involved in fossil fuels, cars, […]
National Politics
Jeffrey Sachs – How Much Longer Can Ukraine Last?
Iraq, Syria, Afghanistan, Libya, and now Ukraine. The calmitous wars of US neocons.
Economics
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Prabhat Patnaik reviews the connections between imperialism and capitalism through history to stress that by necessity of the accumulation of wealth, somewhere demand has to be suppressed to provide cheap inputs to ‘the markets’. That […]
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