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 of Eurozone arrangements, and in…
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 York Times recently…
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 shut away at home.
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 more bailouts!” But…
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…
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 weeks. On May 15, President Donald…
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 the Sino-American trade war.
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 require the institutions to change…
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 the course of this unprecedented crisis…
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 didn’t rate the German Constitutional Court’s stab in the back of the ECB an…
