Economic fundamentals

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Resource Nationalism on Rise in Latin America, As Fever for “White Gold,” aka Lithium, Grips the World

Published by Anonymous (not verified) on Fri, 11/02/2022 - 10:57pm in

Countries in the region are taking greater control of the revenues generated by the minerals and hydrocarbons produced within their borders, in particular when it comes to lithium. 

Resource Limits to American Capitalism & The Predator State Today

James K. Galbraith discusses the shift of the US from industrialism to his so-called predator state: finance-led, military-centered corporatism

Resist Inflation Phobia Coup

Efforts to cure inflation, at least for poorer countries, will prove to be more damaging than the disease.

Occupy the SEC to DoJ: Act on Congressional Mandate, Quit Rubber Stamping Bank Mergers

Published by Anonymous (not verified) on Wed, 09/02/2022 - 9:36pm in

Occupy the SEC is back! The small group of lawyers, bank compliance experts, and financial services industry product specialists generated an outside reputation with its highly praised, over 300 page comment letter on Dodd Frank. As wrote: In detailing how they believe the Volcker Rule can be strengthened, Occupy the SEC has written what […]

Inflation Paranoia Threatens Recovery

Inflation hawks are winning. A ‘beggar thyself’ race to raise interest rates has begun. But this response slows economic growth.

A Facet of Late-State Capitalist Failure: Operational Breakage

Published by Anonymous (not verified) on Wed, 02/02/2022 - 9:59pm in

Are seemingly increasing operational failures a sign of a bigger pathology?

Neoliberalism Was Born in Chile. Now It Will Die There

A constitutional convention is remaking Chile to break with the model forged by murderous dictator Augusto Pinochet

Bad as QE Was, Unwinding It Rapidly Could Be Worse

Published by Anonymous (not verified) on Sat, 29/01/2022 - 9:36pm in

Getting out of super low interest rates and unwinding QE is proving to be easier said than done.

McKinsey: Net-Zero By 2050 Needs $9.2 Trillion Annual Investment

Published by Anonymous (not verified) on Sat, 29/01/2022 - 1:55am in

McKinsey gives a not surprisingly big estimate for the cost of energy transition. But it's unlikely to have considered radical conservation.

The Saker Interviews Michael Hudson

Yves here. Michel Hudson, in this short talk with The Saker, debunks many widespread misperceptions about the dollar, the US economy, and the prospects for fundamental change. I have only a couple of teeny quibbles and a further thought. Hudson discusses private equity buying up single family homes. While that was a very big trend […]