Economic fundamentals
Putin Edict on “Gas for Roubles” Consistent With Original Description (and Our Take); Western Officials Nevertheless Claim a Walkback
Putin's gas for roubles plan was over-interpreted by foreign policy experts and media employees, and that's working out to Russia's advantage.
Joe Lauria Interviews Michael Hudson and Richard Wolff on Consortium News
Michael Hudson and Richard Wolff discuss how the economic and ground war over Ukraine is moving geopolitical tectonic plates.
Russia’s War Against Ukraine Might Persistently Shift Global Supply Chains
Economists are begining to grapple with the question of how the Russia-Ukraine war will reshape supply chains.
Putin-Scholz Phone Call on “Gas for Roubles” Mechanism Conforms to Our Assessment; Disputes Over Russia Force Reduction Around Kiev; West Pressure on China, India Continues
What Russia is up to and what if anything the West can do continues to dominate the media. Too bad we know so little about what is afoot
Ukraine Updates and More Discussion of the Russia “Gas for Roubles” Countersanction
Gazprom is scheduled to announce what its roubls-for-gas payments stipulations are, even though most Western countries said no, sight unseen.
“Dollar Hegemony Ended Last Wednesday”: Michael Hudson Interviewed by Margaret Flowers on Clearing the Fog
Michael Hudson continues to discuss how Western sanctions are undermining the central role of the dollar in US economic dominance.
War or Peace, Barbarism or Hope: War Threatens World with Stagflation
A short hisory of stagflation and why it's a pressing risk now.
NATO-Russia Proxy War – Revealing Signs of a Fading America: Michael Hudson
Michael Hudson continues his political and financial analysis of the war in Ukraine.
US Natural Gas Production and LNG Exports Amid Urgent Demand for LNG from Europe
Europe will compete with the biggest buyers of US LNG: South Korea, China, Japan, Brazil. But Mexico bought more than all four combined.
China’s Flirtation with “Let ‘Er Rip” Goes Hard Into Reverse with Shanghai Two-Phase Lockdown
What to make of Shanghai's sudden reversal of its plan to forego a Covid lockdown?