Published by Promoting Economic Pluralism
Aid for Ukraine will now be exempt from German budget rules under a deal cut in Berlin to pass a massive debt-backed infrastructure and military spending package. BERLIN – Germany’s …
German parties strike deal to pass historic debt-funded investment package Read More
NEW YORK (AP) — They are called zombies, companies so laden with debt that they are just stumbling by on the brink of survival, barely able to pay even the …
Zombies: Ranks of world’s most debt-hobbled companies are soaring, and not all will survive Read More
Guy Dauncey says we can dig ourselves out of the accumulating mountain of private debt but a lot needs to change. The Paradox of Debt is a new book by …
Debt crisis: paradox or plain wrong? Read More
Earth is overheating due to the greenhouse gas emissions from burning fossil fuels. This is “the biggest market failure the world has seen” according to economist Nicholas Stern. The rational behaviour …
Climate change is making debt more expensive – new study Read More
WASHINGTON (AP) — Late Tuesday, Fitch Ratings became the second of the three major credit-rating firms to remove its coveted triple-A assessment of the United States government’s credit worthiness, a move that …
The US government’s debt has been downgraded. Here’s what to know Read More
US federal debt has its limits. Richard Vague tells the tale. One of the great melodramas of American politics erupts in Washington when the federal debt approaches its statutory limit and …
The debt ceiling melodrama Read More
Steve Keen puts his money on the Fiat against the Tesla with the backing of Ford. Elon Musk has been making a lot of comments on government debt recently, and …
Just because you know how to make money, that doesn’t mean you know how to make money. Read More
An excerpt from Serious Money: walking plutocratic London by Caroline Knowles Quant seems apprehensive as he arrives at the trendy east London Shoreditch bar, Looking Glass, where I am waiting, …
The Alchemy of value Read More
The two countries are caught in the Chinese debt trap with Beijing demanding further concessions for rescheduling the debt like demanding that Colombo give permission for Oceanography in South Sri …
China’s all-weather friends in deep economic crisis Read More
Rick Rowden offers a trio of measures to overhaul a creaking global financial system Thanks to the historically ambitious scale of their fiscal and monetary policies, most of the rich …
Three steps out of a fix Read More