from C. P. Chandrasekhar and Jayati Ghosh Once again, low and middle income countries (LMICs) are at the brutal receiving end of the fickle trajectory of international capital flows. As Figure 1 indicates, net financial flows to such countries, which increased rapidly after the Global Financial Crisis that began and was created by advanced economies, peaked in 2014. Thereafter, they have been on a downward trend, which has accelerated dramatically from 2021, to the point that they turned...

Obama Denies Housing Bubble Reality

Dahlia Lithwick and Joseph Stern as taken from Slate Good read as one can see how the SCOTUS 5 or 6 are twisting the logic of Constitution first and portraying the president into something more reasonable. Military swears first to the Constitution. This is a very strange read for myself. Others may not find it so strange and such is open to discussion. ~~~~~~~~ Mollified themselves with vague promises of when the rubber hit the road,...

Do you, does anyone, really believe trump gives a damn if he is fined $9,000? That is not a threat to him. And what jail cell, in what jail will they put this threatening president in? I know one county jail, Cook County Jail in Chicago. Let him mingle with the general population. Let him bluster with them. This is a problem with trump. He knows nothing will happen to him. Those fines will disappear and he will walk. He will not go to jail. His...

Blog Childcare deserts: the reality of access to early years education How the current approach fails to support more low-income households to access care By Tom Pollard, Tom Stephens 01 May 2024 There has been intense media...

It’s International Workers Day, still celebrated as the May Day public holiday here in Queensland, at least when the Labor party is in office. So, it’s a good day for me to set out some tentative thoughts on work and its future. Via Matt McManus, I found this quote from Marx ‘Fragment on Machines”. The hand tool makes the worker independent — posits him as proprietor. Machinery — as fixed capital -posits him as dependent, posits him as appropriated Reading this, it struck...

That’s how many think. Permanent victims. When the information to do well is right there in front of you for the taking.

by Steve Hutkins Save The Post Office USPS: For those who are wondering, DFA is “Delivering for America.” It consists of various initiatives, some of which have been initiated and some which have not. The initiatives are found in the Table of Contents on Page 1 listed as Strategies in the Delivering for America document. The failure of timely delivery of the mail in Richmond and now Atlanta utilizing RPDCs has caused concern. Both Richmond and...

Why I'm Actually Pro Capitalist