Why Spending Cuts Likely Won’t Shake the Economy
The last time the United States came perilously close to defaulting on its debt, a Democratic president and a Republican speaker of the House cut a deal to raise the…
The Decline In Coal Appears To Have Been Exaggerated | naked capitalism
By Felicity Bradstock, a freelance writer specializing in energy and finance. Originally published at OilPrice.com. Governments and international organizations have made ambitious pledges to reduce their emissions, a reduction that…
Links 5/28/2023 | naked capitalism
Fierce beast attacking Florida residents revealed as domestic cat with attitude The Guardian GLOWING SQUIRRELS AND THE SEARCH FOR ‘WHY’ The Allegheny Front Pecuniary Salvation Phenomenal World US to give…
American Officials Erase US Role in Empowering Their New Number One Enemy China | naked capitalism
As Washington increasingly inflates the China threat, a few pieces of sly propaganda to sell that conflict are coming more into focus. Recent speeches devoted to China by key figures in…
Denials of Health Insurance Claims Are Rising — And Getting Weirder | naked capitalism
By Elisabeth Rosenthal, Senior Contributing Editor, Health News Analysis, joined KFF Health News in 2016 as Editor-in-Chief after 22 years as a correspondent with The New York Times. Originally published…
Origins of Debt: Michael Hudson Reveals How Financial Oligarchies in Greece & Rome Shaped Our World | naked capitalism
Yves here. Get a cup of coffee. This is an in-depth discussion of Michael Hudson’s extensive work on the origins and effects of periodic debt jubilees versus the enshrinement of…
The Move Toward a Four-Day Workweek Obscures Low Pay | naked capitalism
Yves here. Like author Sonali Kolhatkar, your humble blogger has been skeptical of a four day, or better yet, 32 hour workweek without an increase in worker compensation. By Sonali…
Workers in the South Are Defying History with Union Wins | naked capitalism
Yves here. A success in union organizing in Georgia is a welcome contrast to the worker defeat of the hard-fought battle over the Amazon warehouse in Bessemer, Alabama. Note that…
Links 5/26/2023 | naked capitalism
Archaeologist unveils mysteries of Mexica fascination with crocodiles Mexico News Daily Investors Are Getting Some Negotiating Power Back. But Not as Much as You Think. Institutional investor. Limited partners in…
Why Are US Military Personnel Heading to Peru? | naked capitalism
The ostensible goal of the operation is to provide “support and assistance to the Special Operations of the Joint Command of the Armed Forces and National Police of Peru,” including…