A survey of global economic and political dynamics. George Kerevan is a Scottish journalist and economist, and a former SNP MP. Cross-posted from Conter 2024 opens with global financial markets feeling the jitters over an […]
The value of art, like other assets, is falling as inflation and interest rates rise. China in particular is in a debt-deflationary trap. In Ann Pettifor’s substack. Read the article HERE.
More economic woe is on the way, particularly for Europe, as well as political upheaval and technological disruption. Michael Roberts is an Economist in the City of London and a prolific blogger Cross-posted from Michael Roberts’ blog […]
The United States has managed to avoid a recession in 2023, but all of the underlying problems remain. Michael Roberts is an Economist in the City of London and a prolific blogger Cross-posted from Michael Roberts’ blog […]
In the US, mortgage applications are now down 50% and at the lowest levels since 1994. Credit card defaults rates are higher than in 2008. Is the debt bubble about to burst? Read the article […]
Greece’s former finance minister, Yanis Varoufakis, argues in TechnoFeudalism that capitalism no longer exists, having been destroyed by capital itself. The largest companies now control us through their ownership of our personal data, putting democracy […]
Beneath the surface of the inflation crisis – which will soon become a global slump – is the failure of capital accumulation to improve productivity Michael Roberts is an Economist in the City of London and […]
An in-depth analysis of the forces driving the weakening of the dollar’s position as global reserve currency. Justin Podur is Associate Professor of Environmental Studies at York University, Canada and author of ‘Haiti’s New Dictatorship’ […]
European Central Bank chief Christine Lagarde’s speech to the US Council of Foreign Relations was revealing of the fear among western elites that their global power may be slipping away Michael Roberts is an Economist in […]
A wider lens on the dynamics driving the Silicon Valley Bank collapse. Michael Roberts is an Economist in the City of London and a prolific blogger. Cross-posted from Michael Roberts’ blog LAST week, US Fed Chair Jay […]
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