The coming removal of Bigot-in-Chief DonaldTrump from the White House was met with dancing in the street across the country. Rightfully so. However, we should also keep this exchange in mind: “You’re […]
It is past time for a movement in the streets to demand the continuation and in fact the expansion of the $600/week federal unemployment subsidy! The US economy in free fall, declining […]
A short note on the Covid-19 economy: If you think things are bad now, you ain’t seen nothing yet. While there was a slight pickup in May, which continued into June to […]
What do we make of Trump’s claim that he was never briefed on the US intelligence belief that Putin’s government had placed a bounty on the heads of US soldiers in Afghanistan? […]
I’ve been trying to think through the issue of inflation in light of the $2 trillion Coronavirus bailout and its affects on inflation. A large chunk of the bailout will be going […]
The $2 trillion bailout bill rushed through congress won’t be the last one. In fact, it wasn’t the first when we take into account the 2008 bailouts. It is different in that […]
I’ve been saying that inflation was coming here for many years. That was because the dollar supply (M1 or M2) had vastly increased vs. the US GDP – in other words, more […]
Here is an article about declining profits in the corporate world. It fits with how Karl Marx explained the contradictions of capitalism. (Note: These are tendencies, not something that happens absolutely in […]
It was clear from the headline alone: The Wall St. Journal was admitting that Karl Marx was right. They wrote: Investors Brace for Hit to Profits as Costs Rise Increasing wage and […]
Trump has been bragging about the booming US economy. But this economy does not exist in a vacuum; it’s directly related to the world economy. And in both cases, the economic expansion […]
