A good take on the current economic and political situation in China. A great weekend read. Michael Roberts is an Economist in the City of London and prolific blogger Cross-posted from Michael Roberts Blog China’s […]
So the coronavirus slump will be deep and long lasting with a weak recovery to follow and could cause a financial crash. And working people will suffer severely, especially those at the bottom of the […]
The debt crisis was acute before anyone even knew what a coronavirus is. The current crisis has simply brought it to a head. Michael Roberts is an Economist in the City of London and prolific […]
“This experience is going to leave deep scars on the economy and on consumer/investor/business sentiment. This is going to scar a generation just as deeply as the Great Depression scarred our parents and grandparents.” Michael […]
Despite all the euphoric reports by the EU about a Greek economic recovery, it has always been clear that the Greek crisis will never go away and each time it returns, it will be worse. […]
“Indeed, mutual coronabonds, so beloved of the Keynesians and post-Keynesians, is a pathetic response to this crisis. What is needed is a massive increase in the EU budget from the current ridiculously low figure of […]
Michael Roberts take on what is coming. Michael Roberts is an Economist in the City of London and prolific blogger Cross-posted from Michael Roberts Blog The coronavirus pandemic marks the end of longest US economic […]
An analysis of the risks involved in the response to the coronavirus. before, during, and after. Michael Roberts is an Economist in the City of London and prolific blogger Cross-posted from Michael Roberts Blog There […]
The major economies (let alone the so-called emerging economies) will struggle to come out of this huge slump unless the law of market and value is replaced by public ownership, investment and planning, utilising all […]
Over the last 30 years, public health systems in Europe have been decimated and privatised. Michael Roberts is an Economist in the City of London and prolific blogger Cross-posted from Michael Roberts Blog According to […]
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