Mon Jun 30, 2025
June 30, 2025

Economy

Fed Rates and the State of the U.S. Economy

The U.S. Federal Reserve (the Fed) has just announced the interest rate policy it will pay for the Treasury bonds issued by the country . These definitions of the...
Economy Tara -

The Banking Crisis Tremors Continue

Last month, in the US as well as Europe, there have been new episodes...
Economy Tara -

The Crisis in the Banking System and the Possibility of a New Global Recession

The world is watching with great concern as the crisis in the banking system...
Economy Tara -

Why does the PSTU want to expropriate the billionaires?

The PSTU's programme in the national elections proposes the expropriation of the fortunes and...
Brazil margarido -

When imperialism attacks, the workers and the oppressed of the world fight back!

Ecuador, Sri Lanka, Panama and Great Britain… When we write this article, the workers and...
Economy Felice -
Latest

A Global Manufacturing Recession

As we enter October, the global recession is with us – in manufacturing.  The PMI manufacturing activity indexes for most of the major economies...

The G20 and the Cold War in Technology

Last weekend’s G20 summit in Osaka resolved nothing substantial in the ongoing trade and technology war that the US is now waging with China....

What leaves 2018 and what is coming in 2019 for our struggles

No one can deny that 2018 was an intense year. Imperialism and the national bourgeoisies have not ceased in their attacks, standing firm in...

Turkey: The beginning of the “Raki Effect”?

In 1994, the Mexican financial crisis had a strong international impact called the “tequila effect”. Currently, the crisis lived by the Turkish currency (lira)...

What Lies Behind Trump’s Threat of Trade War?

"We are like the piggy bank that everyone is robbing, but this is over." With these words, US President Donald Trump announced that his...

The underlying reasons for the Long Depression

There are two new mainstream papers out that offer some interesting analysis on the reasons behind the Long Depression that the major economies (or...

The underlying reasons for the Long Depression

There are two new mainstream papers out that offer some interesting analysis on the reasons behind the Long Depression that the major economies (or...

Forecast for 2017

It has now been eight years of what I have called a Long Depression, since the Great Recession started in January 2008 (see Recessions,...

Forecast for 2017

It has now been eight years of what I have called a Long Depression, since the Great Recession started in January 2008 (see Recessions,...

ASSA 2017 – part one: productivity and inequality

One of the main themes of this year’s annual conference of the American Economics Association, ASSA 2017, was whether capitalism was slowing down. Was...

ASSA 2017 – part one: productivity and inequality

One of the main themes of this year’s annual conference of the American Economics Association, ASSA 2017, was whether capitalism was slowing down. Was...

Testing Trumponomics

Before Donald Trump was elected, stock markets went down every time he improved in the public opinion polls.  Finance capital did not want him...

The Long Depression – an interview with Michael Roberts

Mark Kilian from de Socialist, a Dutch socialist journal, talked to me about my new book, the current economic stagnation, the prospects for another...

A new situation of political crisis opens in the UK

Post Brexit, a political crisis has deepened in the UK for both Labour and Tory parties. The majority vote was 52 percent with a...

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