Michael Hudson is the best economist in the world. Indeed, I could almost say that he is the only economist in the world. Almost all of the rest are neoliberals, who are not economists but shills for financial interests.
Washington must be getting nervous with the latest announcement from Iran’s state-owned oil company, the National Iranian Oil CO (NIOC) which declared that Iran will replace US dollars with Euros for its oil trades according to a Reuter’s news article…
Two years ago, Russian officials discussed plans to privatize a group of national enterprises headed by the oil producer Rosneft, the VTB Bank, Aeroflot, and Russian Railways. The stated objective was to streamline management of these companies, and also to…
Housing in many countries, especially Britain is no longer an investment, it’s now made up of three fundamentals; consumption, crime and concern. The general public getting on the bandwagon with cheap loans is consumption. The crime slot is taken now…
Are The Payroll Jobs Reports Merely Propaganda Statements? US economics statistics are so screwed up that they do not provide an accurate picture. Consider the latest monthly payroll jobs report.
Consider that India had for generations sustained one of the highest densities of population on earth, without any chemical fertilisers, pesticides, exotic dwarf strains of grain or ‘bio-tech’ inputs. And it did it without degrading the soil.
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