I write about the international financial system and its impact on society, the economy and the ecosystem.
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Musk and Thiel are Evil Demagogues. What Sustains Them?
George Grosz BOSS 1922
This post is not about the state of the economy. Instead it is about the amorality of our condition. Most economic analyses are notable for the absence of moral analysis. Not this post and not this poster.
Today’s...
The Making - and Breaking - of the Modern World
It has been a great year for well written books about the making and breaking of the globalised economy. They include the marvellous Liaquat Ahmed’s 1873: The First Great Depression and The Making of the Modern World and Robin Wigglesworth’...
The Bond Market’s Premonition: High Rates, Defaults, Slump & War
Image credit: Illustration by Stephen Kelly / Getty Images
Bond markets are warning.
Global bond markets are in turmoil - generating financial instability worldwide - and warning of a clear threat. Namely that high, real rates of interes...
Its Time to Ignore Defeatists on Both Right and Left
MARIO DRAGHI. With acknowledgements to RedBubble © DG MEME
Persuading ignorant politicians that governments have to survive on cuts to spending and tax revenues alone helped achieve the neoliberal dream. Austerity policies ‘crowded out’ t...
The Guilty Men Driving Britons into ‘End Times Fascism’
German Holocaust remembrance under fire from far-right, Elon Musk: South China Morning Post
The fascist, violent Tommy Robinson and his far-right friends attacking migrants in Dover UK, have not gained finance, attention and power because...
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Political Economist. Director, PRIME Economics
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