From Promoting Economic Pluralism
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
A funding crisis battering China’s big property developers could start to shake the wider economy and global markets, the IMF warned on Friday, saying deeper reforms were needed to fully …
IMF warns China’s property stress poses spillover risk Read More
East Asia and the Pacific region’s recovery has been undermined by the spread of the COVID-19 Delta variant, which is likely slowing economic growth and increasing inequality in the region, …
World Bank slashes economic recovery for Asia Read More
The debt ceiling battle on Capitol Hill is pitting corporate America against congressional Republicans in a test for business groups that have historically aligned with GOP lawmakers on economic issues. …
Debt ceiling fight pits corporate America against Republicans Read More