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Thursday, November 11, 2021

Navarro calls a top

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  MAGA might be going short now on the “stagflation!” thesis… Post yesterdays Biden admin disaster +6% CPI report analysis from Navarro on w...
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Wednesday, November 10, 2021

Bill Mitchell — Australian labour market – more than 2 million workers without work – 14.7 per cent

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The Australian Bureau of Statistics released the latest labour force data today (November 11, 2021) – Labour Force, Australia – for October...
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The Supply Process: MMT Version — NeilW

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Provision of government for public purpose. New Wayland The Supply Process: MMT Version NeilW https://new-wayland.com/blog/the-supply-proces...

Is Climate Change a Fiscal or Monetary Policy Challenge? — Lekha Chakraborty

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Fiscal. Central banks have a limited role to play, mostly in maintaining financial stability. Multiplier Effect Is Climate Change a Fiscal ...

Explaining China’s economic miracle — Rainer Zitelmann

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About Weiying Zhang, China's "chief economist," Xi Jinping close advisor, and architect of China's development plan. Impor...

The Resistible Rise of US-China Conflict — Dani Rodrik

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Dani Rodrik talks some sense, both economic and practical. This post reveals the dichotomy between geoeconomic interests and geopolitical in...

General Electric Breaks Up, Symbolizing Decline of American Manufacturing and the High Price of Financialization | naked capitalism — Yves Smith

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 End of an era. In other words, the lameness of Immelt is the direct result of Welch’s show pony “leadership”. Management succession is one ...
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COP26: Military pollution is the skeleton in the West’s climate closet — Jonathan Cook

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Why the climate crisis will not be solved. MR Online COP26: Military pollution is the skeleton in the West’s climate closet Jonathan Cook O...

Secret real estate purchases are a driving force behind the offshore economy — Margot Gibbs and Agustin Armendariz

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No longer content with Miami condos and London townhouses, investors are pouring money into properties in all corners of the world, fueling ...

Bill Mitchell — The financial markets should be kept away from the climate crisis solution

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It’s Wednesday and today, apart from presenting some great music, I am commenting on the ridiculous notion, that even progressive greenies p...
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Tuesday, November 9, 2021

Pressure Mounts On Biden To Tap U.S. Oil Reserves — Tom Kool

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The president's team doesn't seem to realize yet that the Strategic Petroleum Reserve is a buffer stock, especially when dealing wit...
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How the U.S. Lost the “Great Game” in Central Asia — Aidan O’Brien

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Backgrounder. At the end of his 1997 book The Grand Chessboard, Zbigniew Brzezinski concludes: America must “maneuver and [manipulate] in or...
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The Really, Really Rich | Kathy Burke: Money Talks

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One guy is worth about £340 million, but he won't stop working 24/7 because he says he is scared of bankruptcy. He was born in a very po...
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Oil price stalks another superpower - Indian Punchline — M. K. Bhadrakumar

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Higher energy prices translate into higher inflation. India Punchline Oil price stalks another superpower - Indian Punchline M. K. Bhadraku...

Bill Mitchell — When labour shortages just signal management caprice

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I have been researching the so-called labour shortage that business types are talking about relentlessly as part of their on-going strategy ...

Fooled by randomness

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  I think rather the dogs have to reduce the Time Response of their sensory/control systems…. It’s not speed that enables the rabbit to sur...
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Monday, November 8, 2021

Zero Hedge — Farmers Wait Weeks For John Deere Parts As Strikes Paralyze Midwest Factories

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Dealerships note that customers face weeks-long delays for tractor and equipment parts that would typically take several days to fulfill. Th...
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China files 2.5 times more patent applications than U.S. in 2020: WIPO — Xinhua

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China's intellectual property (IP) office led the world in 2020 by reporting 1.5 million patent applications, 2.5 times more than the Un...
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Sputnik — Superyacht Sales Surged in 2021 as Billionaires Added Trillions in Wealth Amid Pandemic - Report

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Are workers taking note? Sputnik International Superyacht Sales Surged in 2021 as Billionaires Added Trillions in Wealth Amid Pandemic - Rep...

US and EU economies hang on Chinese imports — David P. Goldman

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Inflation control.  All the talk of decoupling is nonsense.  The US and Europe are dependent on the world's factory for both intermediat...
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U.S. Consumers To Foot The Bill For Surge In Natural Gas Exports —Tsvetana Paraskova

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Record American natural gas exports amid sluggish domestic production growth have raised prices for the fuel The U.S. benchmark price Henry ...

Hate the Game — Stephanie Kelton

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The next CBO score could derail the president’s agenda. The agency has too much influence over public policy. But don't hate the players...

Nord Stream 2 ready for launch — Gazprom

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The gas line consists of two strings with the total capacity of 55 bln cubic meters per year. TASS (Russian state media) Nord Stream 2 ready...

Mattha Busby - Will the magic of psychedelics transform psychiatry?

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 Psychedelics have come a long way since their hallucinogenic hippy heyday. Research shows that they could alleviate PTSD, depression and ad...
Sunday, November 7, 2021

Bill Mitchell — US labour market improves but still a long way to go before full employment is reached

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Last Friday (November 5, 2021), the US Bureau of Labor Statistics (BLS) released their latest labour market data – Employment Situation Summ...

China Could Kickstart A New Nuclear Energy Revolution — Haley Zaremba

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Nuclear is still one of the most controversial sources of energy on the planet, but it does have some key upsides, especially in the global ...
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Stephin Merritt's Project Song at NPR

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 Stephen Merritt is about my favourite musician, along with Robyn Hitchcock. He's the guy behind the Magnetic Fields, The 6ths, Gothic A...
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COVID cases break records across Europe as winter takes hold

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  #duh   Not looking so good over there… COVID cases break records across Europe as winter takes hold https://t.co/VyA5VAWxSO pic.twitter.c...
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Poll: 58% Media Are ‘Enemy of the People’

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  BIG! BIG! market opportunity… And climbing … 58% Of Voters Agree: Media Are ‘Enemy of the People’ https://t.co/9xv91xfzHj — Rasmussen Repo...

ABC - Low Carb Diet: Fat or Fiction? Does it work?

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Recent research suggests low carb diets could improve the lives of people suffering from obesity and diabetes.  Reporter, Dr Maryanne Demasi...