[unable to retrieve full-text content]Prof Michael Hudson on the balance of payments chaos unleashed by Trump. How will Mexico and Canada react? What can Europe do to position itself against the tide of rising prices? The post The Road to Chaos – A Global Balance of Payments War first appeared on Michael Hudson.

Keep your head on when everybody else is losing theirs. 

Another Monday Message Board. Post comments on any topic. Civil discussion and no coarse language please. Side discussions and idees fixes to the sandpits, please. I’m now using Substack as a blogging platform, and for my monthly email newsletter. For the moment, I’ll post both at this blog and on Substack. You can also follow me on Mastodon here. Share this:Like Loading...

As usual, 26 January has been marked by protests, denunciations of those protests, and further iterations. Even apart from the fact that it marks an invasion, the foundation of a colony that later became one of Australia’s states isn’t much of a basis for a national day. A logical choice would be the day our Federation came into force. Unfortunately for this idea, our Founders chose 1 Jan 1901. The first day of the 20th century[1] must have seemed like an auspicious choice for a...

If you enjoyed this video, you might also like my most popular video, "Don't Study Economics, Study THIS Instead." https://www.youtube.com/watch?v=oO7iCv_NsPE -- Who is Dr. Steve Keen? Dr. Steve Keen is an influential economist who has dedicated over 50 years to challenging mainstream economic theories. Since his days as a university student, he has been engaged in a David vs. Goliath battle against conventional economic models. Holding a Ph.D. in economics, Dr. Keen is...

It’s definitely not what most people think. 

Here we go.

Trump‘s push for bitcoin may backfire in a big way. 

If things start turning bad, the dollar will give the signal. 

I’ve already said all I plan to (for now) about what’s happening in the US. But if others want to discuss it, here’s an open thread. Share this:Like Loading...