I write about the international financial system and its impact on society, the economy and the ecosystem.
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annpettifor.substack.comLatest Issues
Nasdaq & Market Volatility: is this a Minsky Moment* for Ponzi Finance?
with acknowledgements to Essential Wilderness
- A “Minsky moment” is a sudden, severe market collapse that marks the end of a prolonged period of debt-fueled speculative growth. Named after American economist Hyman Minsky, it happens whe...
Musk and the AI Oligarchs Dump Risk On Us
With acknowledgements to Quark Expeditions. Quark passengers drift by a giant iceberg on a Zodiac excursion in Antarctica.ion...
Professor Daniela Gabor referring to the AI bubble, argued recently on instagram:
The iceberg is ahead of...
Today’s Fascism: Parallels with the 1930s in the North and South
“Workers Also Have Their Place in the New State” (Portuguese). With acknowledgements to GrupoEscolar
On the 18 May this year I joined a podcast hosted by The International Karl Polanyi Society at the University of Vienna to discuss “Global...
Phantoms, Left-Wing Candidates, ‘Febrile Conditions’ in Bond Markets… and President Petro's Fight Against the Central Bank of Colombia
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Some members of the British Labour party are hoping to replace their current leader Keir Starmer, with a soft left-wing candidate, the Mayor of Manchester, Andy Burnham. However there is no certainty as to the outcome, and many warn...
If Trump Could ‘Chicken Out’ He Would
TACO - Trump Always Chickens Out - has worked for a while. But it cannot work in this illegal war on Iran without the president of the United States admitting defeat. And so he is not (at the time of writing) chickening out.
I talked abou...
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Political Economist. Director, PRIME Economics
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