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Some notes on the world economy now — Michael Roberts

Summary:
Even with a strong recovery from the pandemic, creative destruction is needed to increase profitability of capital investment owing to debt overhang and excessive financialization of the global economy.Michael Roberts Blog — blogging from a marxist economistSome notes on the world economy nowMichael Roberts

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Even with a strong recovery from the pandemic, creative destruction is needed to increase profitability of capital investment owing to debt overhang and excessive financialization of the global economy.

Michael Roberts Blog — blogging from a marxist economist
Some notes on the world economy now
Michael Roberts

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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