By Naked Capitalism – Posted by Yves Smith Yves here. Regular readers of this site are likely to have encountered previous interviews with Heiner Flassbeck (*), one of the few German economists who has been a consistent and sound critic… Continue Reading
By Sonali Kolhatkar* – Independent Media Institute Even in the midst of the pandemic, the rich are getting richer and bolder in their fight against working Americans. The American Enterprise Institute’s (AEI) Michael Strain wrote an op-ed in the New… Continue Reading
The Economist They are blunt instruments that can cause immense harm. Time to be more discriminating Since china locked down the city of Wuhan on January 23rd, over a third of the world’s population has at one time or another been… Continue Reading
By Ellen Brown* – Common Dreams Insolvent Wall Street banks have been quietly bailed out again. Banks made risk-free by the government should be public utilities. When the Dodd Frank Act was passed in 2010, President Obama triumphantly declared, “No… Continue Reading
By Marshall Auerback* – Independent Media Institute Germany’s highest court issued a ruling that could threaten the existence of the euro with a constitutional court decision that said the European Central Bank’s bond-buying operations exceeded the ECB’s legal remit, and… Continue Reading
Analysis|Stanly Johny* – The Hindi Earlier this month, the U.S. imposed visa restrictions on the Chinese journalists working in the country, limiting their work period to 90 days Relations between the U.S. and China plunged to a nadir in recent… Continue Reading
The Economist The flow of people, trade and capital will be slowed Even before the pandemic, globalisation was in trouble. The open system of trade that had dominated the world economy for decades had been damaged by the financial crash and… Continue Reading
By Franciscka Lucien and Joel Curtain (*) PORT-AU-PRINCE, Haiti and BOSTON, May 7 2020 (IPS) – The World Bank and the International Monetary Fund (IMF) have a historic opportunity to help stabilize a world reeling from COVID-19. Doing so will… Continue Reading
Yanis Varoufakis and David McWilliams – The Guardian Greece’s former finance minister Yanis Varoufakis and Irish economist David McWilliams on the hope for a global new deal David McWilliams: I think it is fair to say that capitalism – in… Continue Reading
By Bill Blain* – The Morning Porridge “Let us sing more cheerful songs, more songs full of joy!” I am wondering if my FT App is broken? I opened it this morning and the front pages of the Pink Un… Continue Reading
By Ellen Brown* – Creative Common The new terms could be harnessed for local governments to own and operate their own banks. Congress seems to be at war with the states. Only $150 billion of its nearly $3 trillion coronavirus… Continue Reading
by DEVNET JAPAN In March 2013, I established Devnet Tokyo, now Devnet Japan, as the East Asian country’s sole branch of Devnet International, which, since 1995, enjoys a Consultative Status with the United Nations Economic and Social Council (ECOSOC). Before… Continue Reading
FROM PILLAGE TO SECURITY. LIFE FOR ALL THE INHABITANTS OF THE EARTH Three scourges are devastating the life of the Earth’s Inhabitants – the Covid-19 pandemic ( more than 230,000 deaths). The explosion and spread of the coronavirus are, according… Continue Reading
By George Friedman* – Geopolitical Futures A riot broke out in a poor, predominantly Muslim neighborhood north of Paris over the weekend. The immediate cause was a traffic offense and a violation of the coronavirus lockdown. The deeper cause was… Continue Reading
By Marshall Auerback* – Independent Media Institute The upheavals in the oil market are flipping the world on its head and again proving that rational industrial policy is a better guidance. When a staple commodity collapses to negative value it… Continue Reading
Adam Tooze* – The Guardian The pandemic has necessitated huge borrowing – but post-crisis austerity would be the very worst way to deal with it We do not know how this pandemic will end. We do know that we will… Continue Reading
By Nadia Batok* Impact of the 2019-2020 coronavirus pandemic on aviation Aviation is undoubtedly one of the sectors hit hardest by the outbreak of COVID-19. After first appearing in Wuhan in China in December 2019, coronavirus has spread to at least… Continue Reading
By George Friedman*- Geopolitical Futures A recession is an essential part of the business cycle. Among other things it culls the weaker businesses and redistributes capital and labor for better uses. It is painful but necessary and it ends as… Continue Reading
The economist The economic crisis will expose a decade’s worth of corporate fraud Downturns are accounting crooks’ worst enemy When bernie madoff owned up to a $65bn Ponzi scheme in December 2008, it was not out of guilt. He knew the… Continue Reading
K.P. Kannan* These are not normal times for any country in this world. In one swoop Covid-19 virus has proved how fast it can globalize and integrate all countries and people, but in a disastrous way. While the western countries… Continue Reading
