The US economy is moving into recession because profitability is falling and productive investment is stagnating. Michael Roberts is an Economist in the City of London and a prolific blogger Cross-posted from Michael’s Blog The latest […]
The Canadian author discusses her new book The Value of a Whale and why markets won’t save the world. Read Here Photo: Gabriel Barathieu licensed under the Creative Commons Attribution-Share Alike 2.0 Generic
The US fiasco is probably nowhere being felt more strongly than in Europe 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 […]
Seizing the funds of sovereign states is not a good strategy for maintaining global hegemony Cross-posted from CounterPunch With the explanation that it had to punish Russia for its war in Ukraine, the west stole […]
No one can say that the crypto gang were not forwarned. 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 […]
German hegemony, corruption, and moral posturing have been the mainstay of the EU liberal democracy political class for over a decade. What was missing was economic, social, and political policy. Now can kicking is running […]
The European Central Bank’s interest rate rise is wealth redistribution from us to the bankers – again Cross-posted from the LSE Europe blog About a decade ago, the billionaire Warren Buffett stated, with thinly veiled […]
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 […]
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