Charles Hugh Smith: The Fed’s Grand Bargain Has Finally Imploded
Well worth a read: The Fed, the asset bubble, and the end of capitalism as we know it. Or maybe just another doomsday blog. Read here
Well worth a read: The Fed, the asset bubble, and the end of capitalism as we know it. Or maybe just another doomsday blog. Read here
Michael Roberts on Stephanie Kelton’s new book “The Deficit Myth” and MMT Michael Roberts is an Economist in the City of London and prolific blogger Cross-posted from Michael Roberts Blog Stephanie Kelton is professor of […]
“The task — as at the start of Franklin Roosevelt’s New Deal a century ago — is to conquer fear, anxiety, instability, insecurity, and precarity.” Albena Azmanova of the University of Kent James K. Galbraith […]
The wave of mobilisation against racism and racial discrimination poses a crucial question: that of reparations for a past history involving slavery and colonisation. This is an issue which has still not been fully confronted. […]
There is no return to pre-crisis normality. The new lessons must be learned quickly, otherwise an economic catastrophe is imminent. The course must now be set correctly, especially with regard to debts and wages. Heiner […]
“Efficiency gains contribute to increasing production and consumption which increases the extraction of resources and the generation of wastes.” Sam Bliss is a wildly inefficient researcher, writer, gardener, and warehouse manager of Food Not Bombs […]
Distressed debts – also known as ‘non-performing loans’ – have been a key issue in Europe, especially in countries where austerity has fuelled a deep social crisis. Yet EU institutions are focusing on the development […]
In one of the most novel presentations we have ever posted, Frances Coppola explains the current and future role of central banks in the current economic crisis. Frances Coppola is the author of the Coppola Comment finance […]
Questions of inequality and distribution are likely to become increasingly important in the wake of the Covid-19 pandemic. Franziska Disslbacher and Patrick Mokre draw on the latest Household Finance and Consumption Survey, released in March, […]
We normally do not link to extensive reports, but this one is special, as it is a holistic approach to the energy transition away from fossil fuel. Definitely take the time to read the Executive […]
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