The showdown with private and public debt levels Michael Roberts is an Economist in the City of London and a prolific blogger. Cross-posted from Michael Roberts’ blog Two weeks ago Zambia reached a deal for relief on […]
While the United States seeks to blame China for Sri Lanka’s debt crisis, it is an American vulture fund which is refusing a re-negotiation of the south Asian country’s debt. Michael Roberts is an Economist in […]
There is no invisible hand that is guiding markets, nor is there a wise state institution steering the economy. The foundation of the system is competition for profits arising from exploitation, multiplying the wealth of […]
The US appears to have achieved a soft landing using deficit spending. The Europeans, especially Germany, chose austerity and are in or heading for recesssion. Michael Roberts is an Economist in the City of London and […]
The failure of Argentina’s economy Michael Roberts is an Economist in the City of London and a prolific blogger. Cross-posted from Michael’s blog Argentines will vote in general elections today with both the mainstream parties weakened by […]
The gap between the lowest and highest earners in Israel is the second highest in the industrialized world, and the child poverty rate is second only to Mexico among developed countries. Michael Roberts is an Economist […]
The Polish electorate is divided between the towns and country; between the working class and neoliberal professional and business classes; and between supporting EU policy and opposing it. Sign of the times in Europe. Michael […]
The worldwide situation is not improving. As the climate emergency will play an increasingly important role, things are not looking good at all. Michael Roberts is an Economist in the City of London and a prolific blogger. […]
With central bank and borrowing rates rising, systemic risk has not been seen off Michael Roberts is an Economist in the City of London and a prolific blogger. Cross-posted from Michael’s blog The cost of borrowing to […]
The chances of a soft landing in the USA and the rest of the world. Michael Roberts is an Economist in the City of London and a prolific blogger. Cross-posted from Michael’s blog This month the European […]
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