- SUPPRESSED OPCW FINDING: War-Crime Likely Perpetrated by U.S. Against Syria on 14 April 2018
- America’s Insatiable Military
- The Normalization and Institutionalization of Fraud
- Downward Mobility Creates “Deplorables”
- Charlottesville to Vote 6/3 to Divest from Weapons, Fossil Fuels
- Don’t Iraq Iran
- Victory Day 2019 LNR
- The Economy Has Fundamentally Changed in the 21st Century–and Not for the Better
- Where Lyme Disease Came From and Why It Eludes Treatment
- America’s Deep-seated and Almost Universal Bigotry
- Burnout Nation
- Is China’s Belt & Road a Decade Too Late?
- 800+ Retired Justice Department Lawyers Demand Trump’s Impeachment
- The Last Death in a War is 90% Backwash
- Video: Debate: Should Iran Be Sanctioned?
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Tag Archives: recession
One of the most astonishing manifestations of disconnected-from-reality hubris is public authorities’ sublime confidence that employers and entrepreneurs will continue starting and operating enterprises no matter how difficult and costly it becomes to keep the doors open, much less net a … Continue reading
The saying “never let a crisis go to waste” embodies several truths worth pondering as the stock market nears new highs. One truth is that extreme policies that would raise objections in typical times can be swept into law in the … Continue reading
The signs are everywhere: credit exhaustion is global, and that means the global growth story is over: revenues and profits are all sliding as lending dries up and defaults pile up. What is credit exhaustion? Qualified buyers don’t want to … Continue reading
The Federal Reserve’s sudden return to “accommodative” dovishness in response to the stock market’s swoon telegraphs its intent to fire up QE once the recession kicks into gear. QE (quantitative easing) are monetary policies designed to ease borrowing and the issuance … Continue reading
As I discussed in We’re Overdue for a Sell-Everything/No-Fed-Rescue Recession, recessions have a proximate cause and a structural cause. The proximate cause is often a spike in energy costs (1973, 1990) or a financial crisis triggered by excesses of speculation and debt … Continue reading