A poly crisis requires fundamental change. But, such is the dominance of the mainstream, which has created this crisis, that all we get is more of the same. Read Here
Lex is the master of the long form interview, and this three and a half hour conversation dived extremely deeply into my analysis of economics. It took me a while to appreciate that what Lex […]
As long as the system is closed and the regulators powerful, they can restructure liabilities at will to prevent a collapse. More likely is a very long and costly financial adjustments as Beijing slowly cleans […]
The path to pro-creditor oligarchies Michael Hudson is the author of Killing the Host (published in e-format by CounterPunch Books and in print by Islet). His new book is J is For Junk Economics. He can be reached […]
Listen Here In one of the most exciting pairings we’ve had on this podcast, Michael Hudson and Steve Keen join Steve Grumbine to talk about geopolitics, international production and trade, the climate crisis, and a […]
It appears that many still do no understand how banks work and make profits Read Here Photo: JamesQube from Pixabay
There can be no return to the highly leveraged, fractionally reserved cryptocurrency system whose illusory riches are now giving way to real losses Read Here Bruno Aguirre/Unsplash
“Kaye Wiggins in the Financial Times explains that private equity groups, including Blackrock, deliberately inflate the value of their own assets – by buying and then selling said assets to themselves. She shows that the […]
Over 30 years ago, Kunibert Raffer (University of Vienna) was first to propose a fair and transparent arbitration process between debtors and creditors for resolving sovereign insolvency, by analogy with Chapter 9 US Bankruptcy Code […]
The continuing saga of crypto currencies and their steady decline Frances Coppola is the author of the Coppola Comment finance and economics blog, which is a regular feature on the Financial Times’ Alphaville blog and has been […]
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