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May 08 2024 ECONOMICS – More than 90% of payments in EAEU in National Currencies
According to Mr Putin today
The Russian leader noted that the combined GDP of the countries of the Eurasian Economic Union, according to available estimates, increased from $1.6 trillion to $2.5 trillion
MOSCOW, May 8. /TASS/. More than 90% of payments in the Eurasian Economic Union (EAEU) are carried out in national currencies, Russian President Vladimir Putin… Continue reading
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May 04 2024 eCONomics Part VI: Money Creation and CBDCs
“.. the tools of the banking establishment .. utterly shrouded in mystery for the best part of 5000 years” .. now exposed and rejected .. have hitched their wagon to another lame horse: the XC Model (global CBDC “One Ring to Rule them All” with IMF as middleman). Yeah right, keep dreaming Losers!
With thanks to… Continue reading
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Modern socio-economic ideas – Unconquered
Peter Man from our China Writer’s Group is working on a trilogy and he sent out the foreword and notes. It is fascinating – we are looking at a scientific basis to establish a peaceful society. Following is his post. What I know is that things have a habit of going skew if there is… Continue reading
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Apr 11 2024 eCONomics Part V: IN THE YEAR 2024 IF MAN IS STILL ALIVE
.. enter the ‘Cuban’ missile crisis, only this time it’s on steroids
With thanks to our own Colin Maxwell of New Zealand.
Please see: Part 1 ; Part 2 ; Part 3 ; Part 4
NB – AN EXPLANATION OF ACRONYMS/TERMS/ETC used in the article are listed at the end of this discussion piece.
1. IntroductionMy sincere apologies for… Continue reading
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Mar 16 2024 What is China’s Economic Future?
Political economists Radhika Desai and Michael Hudson are joined by Beijing-based scholar Mick Dunford to discuss what is actually happening in China’s economy, explaining its technological development and transition toward a new industrial revolution.
Radhika Desai and Michael Hudson at The Geopolitical Economy Hour.
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RADHIKA DESAI: Hello and welcome to the 24th Geopolitical Economy Hour, the show that examines… Continue reading
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Mar 12 2024 eCONomics Part IV: Interest Rates Manipulation
In this part: Interest rates manipulation as a way of tackling inflation — one of the most shocking financial scams of all time; plus an update on de-dollarisation and No Plan B for Uncle $laughter
With thanks to our own Colin Maxwell of New Zealand.
Please see: Part 1 ; Part 2 ; Part 3
Introduction
It should be… Continue reading
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Mar 01 2024 The Rocky Road to Dedollarization
An Interview with Sergei Glazyev, guru extraordinaire of multipolar geoeconomics… ‘the dogs bark — the Caravan of the Global Juggernaut moves on‘
By Pepe Escobar at Sputnik.
Very few people in Russia and across the Global South are as qualified as Sergei Glazyev, an academic with a prominent role within the Eurasia Economic Union (EAEU), to speak… Continue reading -
Feb 29 2024 The Reality of Bidenomics
Political economists Radhika Desai and Michael Hudson discuss the rhetoric and reality of Bidenomics, and how good US President Joe Biden really was for the economy.
Radhika Desai and Michael Hudson at The Geopolitical Economy Hour
“what is Bidenomics? It’s a slogan for a war economy, financed by a financial bubble.”
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RADHIKA DESAI: Hello and welcome to the 23rd Geopolitical… Continue reading -
Feb 29 2024 eCONomics Part III: Banking 2.0
A New Global Trade Currency Paradigm and the End of the Era of Dominant Western-based Fiat Currencies
With thanks to our own Colin Maxwell of New Zealand.
Please read in order: Part 1 ; Part 2
Preamble
My apologies in advance to the vibrant GS community for Part III being so wordy. I have really struggled with this task,… Continue reading -
Feb 17 2024 Defusing the Derivatives Time Bomb
The “protected class” is granted “safe harbor” only because their bets are so risky that to let them fail could crash the economy. But why let them bet at all?
by Ellen Brown at the ScheerPost.
This is a sequel to a Jan. 15 article titled “Casino Capitalism and the Derivatives Market: Time for Another ‘Lehman Moment’?”,… Continue reading -
Feb 15 2024 Real-Life Economic Solutions
Political economists Radhika Desai and Michael Hudson discuss realistic alternatives to the neoliberal model of financialization, and tangible policies to build a productive, sustainable economy.
Radhika Desai and Michael Hudson at The Geopolitical Economy Hour
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RADHIKA DESAI: Hello, and welcome to the 22nd Geopolitical Economy Hour, the show that examines the fast-changing political and geopolitical economy of our times.… Continue reading
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Feb 09 2024 eCONomics Part II: Solutions to the Western Train Wreck
For GlobalSouth.co by our Colin from New Zealand
Solutions Unearthed by a Tale of Two Economies
A SEQUEL TO PART 1 – ‘The Western Train Wreck’ – and an effort to promote a solution orientated discussion
It seems that what I regard as an extremely important book , Scott Andrew Smith’s, ‘A Tale Of Two Economies’ released in… Continue reading
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Jan 30 2024 eCONomics Part I: The Western Train Wreck
For GlobalSouth.co by our Col from New Zealand
Western eCONomists and the train wreck they cheerlead
If eCONomists took the time to read and understand the allegory within Baum’s book “The Wonderful Wizard of Oz”, then IMO they would learn more about fixing the broken Western financial system than from all of the current neo-classical textbook tripe… Continue reading
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Dec 28 2023 Simon Patten on Public Infrastructure and Economic Rent Capture
As published in American Journal of Economics and Sociology, Vol. 70, No. 4 (October, 2011).
*The author acknowledges funding from Prosper Australia for this article.ABSTRACT. Reflecting the Progressive Era’s reform agenda Simon Patten (1852–1922) argued that freeing markets from one source of economic rent (by taxing land rent) would merely leave the surplus to be taken… Continue reading