Am 27. Januar 2023 hielt der Mitbegründer von DiEM25 und MeRA25-Vorsitzende Yanis Varoufakis auf dem Kongress in Havanna eine Rede über die Notwendigkeit einer neuen Bewegung der Blockfreien Staaten, um "den legalisierten Raub von Menschen und Erde zu beenden, der die Klimakatastrophe verstärkt". Der Mitbegründer von DiEM25 war auf Einladung der Regierung von Havanna zu einem offiziellen Besuch in Kuba. Ein Hauptthema seiner Reise war die Schaffung einer neuen...
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Housing prices continue to come down – like a feather
Housing prices continue to come down – like a feather – by New Deal democrat As I’ve repeated many times in the past 10 years, in housing prices follow sales with a lag. Housing permits and starts both peaked early in 2022, and house prices followed during the summer. This morning the FHFA and Case Shiller house price indexes for December showed continued declines both on a monthly and YoY basis, continuing to presage a similar decline in...
Read More »Salve Lucrum: The Existential Threat of Greed in US Health Care
The biggest driver of healthcare cost is simply “pricing” increases reflected in hospitals, pharmaceuticals, and healthcare insurance. It was Dr. Donald Berwick while head of Medicare and Medicaid during the 1st half of the Obama administration has said, repeatedly, that at least 1/3 of Medicare dollars ware wasted on unnecessary tests, procedures and drugs that provide no benefit for the patient. Here is Dr. Berwick again discussing healthcare...
Read More »Robert Skidelsky 2023-03-01 10:44:24
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Read More »Some hope on global heating
I spend a lot of my time thinking about global heating, where it’s often hard to be optimistic about the future. But there are some bright spots. In particular, there’s a good chance that 2023 will be the year that coal use finally begins a sustained decline, and relatedly the year the carbon dioxide emissions from electricity generation start to fall. This is by no means a sure thing. The International Energy Agency predicts a plateau, in which nearly all new electricity demand...
Read More »William Mitchell — Australian National Accounts—GDP growth in decline, expect unemployment to rise—courtesy RBA sabotage
The Australian Bureau of Statistics released the latest – Australian National Accounts: National Income, Expenditure and Product, December 2022 – today (March 1, 2023), which shows that the Australian economy grew by 0.5 per cent in the December-quarter 2022 and by 2.7 per cent over the 12 months. This is a significant decline in growth, which is now insufficient to prevent unemployment from rising over the coming period. Growth is being driven largely by continued (but moderating) growth in...
Read More »The labor shortage myth
The labor shortage myth .[embedded content]
Read More »We were promised ‘economic shock and awe’ against Russia — Andrew Cockburn
Maybe economic warfare is not all that it was cracked up to be. Or maybe not. Blowback from it is rocking the NATO alliance as NATO countries buckle economically. The only NATO country profiting from the crisis is the US and other NATO countries view this as at their expense, although, being vassal states, they can only whine about it.What went wrong? The world economy is a system and the US failed to grasp Russia's place in the system and also the state of the system itself. As a result,...
Read More »China identifies roots of US crackdown on TikTok — RT
The US has been over-stretching the concept of national security and abusing state power to suppress foreign companies,” she continued. “We firmly oppose those wrong actions. The US government should respect the principles of market economy and fair competition.”...RT — Question More (Russian state-sponsored media)China identifies roots of US crackdown on TikTok
Read More »Logistics of the 21st Century & New Economic Order: Prospects for a New North-South Transport Corridor — Muhammad Athar Javed
The emergence of “New Economic Order” would transform the way logistics and transport in global market is being carried out. The North-South Transport Corridor (INSTC) member countries must contribute effectively for the overall development of corridor i.e., the improvement of inland waterways, security of container and general cargo terminals in Caspian ports, the modernization of border crossing points and the construction of logistics hubs and roadside service facilities, writes Muhammad...
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