The factors which pulled the US economy through in 2023 may be tailing-off in 2024: a recession could be looming just as Americans go to the ballot box. Michael Roberts is an Economist in the City […]
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 […]
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 […]
Germany is entering recession, despite predictions from the great and the good that it wouldn’t. Read the article HERE.
The eurozone will officially been in a recession shortly. Read the article HERE.
The Tory embrace of austerity (again) is going to run in to multiple problems. Read the article HERE
Interest rates are rising like never before, and it’s the world’s poorest who will suffer most. Read the article HERE.
The Bank of England is engineering a recession because it believes it will reduce inflation and weaken the spirits of the workers’ movement Read the article here.
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