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May 18 2025 Transitioning to a New Financial System (Play it again Sam!)
Many/Most of us are not economists. And really, we avoid the topic of ‘economy’ because it is generally considered to be difficult. We cannot avoid it any longer, so here is Nico’s essay again. This is not supposed to be a training course at all, but certain aspects all of us will… Continue reading
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May 14 2025 Michael Hudson was interviewed by Liberation Daily from Shanghai
[Ed Note: This is a short, concise, and accurate vision of the near future. As Michael ends this interview, his assessment of the future in the US is a political dark age. “The conflict is between social systems”. Another note of real value, is that Michael says there is no walk-back here. The US… Continue reading
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May 07 2025 Bessent Begs the World to Invest in the U.S.
Paul assesses a recent presentation made by Scott Bessent and why it amounts to begging the world to invest in the US economy.
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May 04 2025 SWIFT’s decline: Global powers are escaping the dollar trap
The weaponization of global finance has become a cornerstone of US foreign policy. Central to this has been Washington’s control over the Society for Worldwide Interbank Financial Telecommunication (SWIFT), a financial messaging service once considered a neutral platform but now openly used to enforce western sanctions and isolate adversaries.
While US President Donald Trump threatened economic… Continue reading
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May 02 2025 Richard Wolff and Michael Hudson with Nima from Dialogue Works
Michael’s opinion is that if Ukraine was not Trump’s war before, it is so now, as a result of the so-called mineral (and other) sham deal with Ukraine. He explains the reasons and results of this deal.
There is discussion on Europe and what the possible future is. Richard proposes that the Europeans have to show… Continue reading
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Apr 26 2025 Dailogue Works: Richard Wolff & Michael Hudson: Trump’s Trade War Collapse: How China Forced a U.S. Retreat
It is a cold war grift. It turns out that this whole idea of imposing radical tariffs is all about the cold war with China. Trump says he has three months to negotiate with other countries making a deal:
Here’s the deal:
“I’ll agree not to disrupt your trade and investment and cause you bankruptcies if you’ll… Continue reading
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Apr 23 2025 Michael Hudson with Ben Norton: Will Trump’s Tariff Games Backfire?
Donald Trump’s tariffs are benefiting rich elites at the expense of the majority of the population, argues economist Michael Hudson. He explains how the US trade war on China is isolating the United States and encouraging countries to seek alternatives. Ben Norton hosts the interview.
Transcript
(Intro)
BEN NORTON: Why has US President Donald Trump imposed tariffs on… Continue reading
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Apr 19 2025 -
Apr 19 2025 Sirius Report: US panics as Chinese decoupling gathers momentum
Paul and Ken assess the extent of China’s decoupling from the US and why the US is deeply fearful of the outcome of Beijing’s policy initiatives in this regard.
China will continue to to turn the screw. -
Apr 14 2025 Michael Hudson: Trump’s Inverted View of America’s Tariff History
Michael Hudson
This article is based on America’s Protectionist Takeoff, 1815-1914: The Neglected American School of Political Economy (ISLET, 2010), my review of the political dynamics and economic theory that guided America’s rise to industrial power.
Donald Trump’s tariff policy has thrown markets into turmoil among his allies and enemies alike. This anarchy reflects the fact that… Continue reading
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Apr 14 2025 Richard D. Wolff & Michael Hudson with Nima
China Strikes Back as Trump Ignites New Tariff War!
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Apr 12 2025 Tariffs: three of the best
Nobody stops talking about Tariffs. In the economic world, in the trade world, in the world of markets and investments (and in your kitchen or garage or where you do your marketing), this will have an effect. Bear in mind that trade wars do real damage, and it is not as if we’re going to… Continue reading
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Apr 11 2025 Seun Foo: As China Orders Its Banks To Cancel USD Buying, Spain Makes A Dramatic Pivot To Beijing
A note from one of our China Writers:
In 2018, China welcomed Trump as a super VIP with a $223b trade deal, but Trump tore up the deal signed under his watch the next day and declared a trade war because he thought he was powerful enough to demand more. He claimed at that time: Trade… Continue reading
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Apr 09 2025 The Sirius Report: After Tariff Pause announcement .. Trump caves over tariffs as Lehman 2.0 beckoned
Paul and Ken discuss the real reasons why the Trump administration caved in with respect to global tariff policies.
@realDonaldTrump
Based on the lack of respect that China has shown to the World’s Markets, I am hereby raising the Tariff charged to China by the United States of America to 125%, effective immediately. At some point, hopefully… Continue reading