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Debt

  • The Dollar System: Up in Smoke

    “The Quality of Debt Counts” — Things are coming to a head, because the Federal Reserve can neither lower interest rates because of inflation, and if it doesn’t lower them, then the financial crisis will come, and nor can it raise them further in order to finish the job, because that will simply mean the… Continue reading

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  • Thank You China!

    Support is cherished by those besieged and subjugated by neocolonialism, struggling to live.

    By Bruce Gagnon at the Global Network Against Weapons & Nuclear Power in Space.
    Free from bondage: Another world is happening.
    China’s announced it’s writing off some loans owed by Zimbabwe which is struggling with heavy debt. The gesture was made during the African country’s… Continue reading

  • 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.”
    Video:

    Podcast:

    Transcript:
    RADHIKA DESAI: Hello and welcome to the 23rd Geopolitical… Continue reading

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  • 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

    Video:

    Podcast:

    Transcript:

    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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  • 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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