What parts of the financial system are most vulnerable to a crash?
The destruction of the middle class
The Fed confirms that its priority is crushing workers, and it believes it's protected banks enough to allow it to continue.
Sawant wants to take more forceful and concerted steps to advance workers' interest. How do her ideas stack up?
Why the expected official response to this bank panic wil make matters much worse, just not right away.
Another nail in "loanable funds", which justfies austerity but does not explain how central banks produce credit and monetary growht.
How AI is institutionalizing Medicare Adantage fraud, to the degree that appeals of denials often outrun the patient's life.
oth parties are exacerbating the city/country split. How different are their interests?
Why renting is even more expensive than ever, even pinching the soi-disant middle class.
How the SVB bailout confirms the dedication of the elites to self interest only.
Michael Hudson gives a wide-ranging talk on SVB and other recent bank collapses, focusing on the considerable role of misguided Fed policies