Russia is scrambling to deal with being shut off Visa and Mastercard.
Why America is operating abroad to advance the interests of arms dealers, oil & gas, and Big Finance, and not its citizens.
Sadly, finacialization is still very much with us, even though policy-makers know better by now.
Americans are not happy despite a not at all bad economy leaving most with higher savings and pay than pre-Covid.
A look at the commodities that are most vulnerable to reduced supply from Russia.
Reduced shale investment is set to lead to sustained higher prices. That's good for the planet but hard on budgets.
Why big farms are often not better.
Many commodities, particularly metals and energy, are in short supply, which points to even higher prices.
Rents are up a lot in most places in the US of any consequence. Not all tenants are keeping pace.
A new global economic system has to be based on a key principle of Bretton Woods: multilateralism