Michael Hudson: The Secret Deal That Started a Global Economic War
Micheal Hudson explains how Trump’s tariffs are yet another device to force countries to accept poilcies that benefit the US.
Read more...Category Archives: Globalization
Ideology-Driven, Inflationary Trump Tax and Tariff Policies Losing War With Bond and Currency Markets
ump’s trade, tariffs and tax schemes are already starting to come apart. And he seems to have no Plan B.
Read more...Trump’s Trade Deals Endanger Farmers and Our Food System
Trump is reversing protections of the US food system, subjecting farmers to a race to the bottom in international markets
Read more...Japan to Arm Wrestle the US About Tariffs….and What About Restrictions on Chinese Investments and Products?
Japan wanted an early US trade deal. It is discovering that its sort-of special relationship with the US is not getting it any breaks.
Read more...Despite China’s Warning, US Has Opened New Front in Trade War with Investment Restrictions in UK Pact
Trump made a big retreat on his China tariffs. But a second gambit, investment restrictions to isolate China, is already giving China fits.
Read more...Abundance vs. Degrowth in a Time of Climate Catastrophe
While Trump’s Liberation Day policies might bring about accidental degrowth, Democrats embrace DOGE-style Abundance. Is there another way?
Read more...“The US Trade Deal Is a Bad Deal, and It Has the Potential to Get Worse”
The first US trade “deal”, with the UK, looks as ugly as one might have expected.
Read more...Currency Wars, Class Warfare, and the Republican Dilemma Over Medicaid
Faced with a shrinking list of options to trim the budget, Republicans are now eyeing Medicaid – but will that fly among Trump supporters?
Read more...Martin Wolf’s “The old global economic order is dead”
A look at two factoids in a new Martin Wolf article illustrate why our economic mess seems intractable….and not just for the feckless US.
Read more...Roaring Tariffs: The Global Impact of the 2025 US Trade War
A model of the economic effects of various tariffs war scenarios shows even the likley “least bad” outcome is stilll pretty bad.
Read more...Distributional and Macroeconomic Effects of Trump 2.0: The Rich Get Richer and the Poor Get Poorer
The likely outcome of Trump policies are a recession, a rise in inequality, and a further fall in living standards of working and middle-class Americans
Read more...Trump’s Neverending Tariffs War? Proposes 100% Tariffs on Foreign Movies; De Minimus Exclusion Ends, Hurting the Poor; Financial Times on Tariff Evasion, Official and Via Trans-Shipment
A battlefield update on Trump’s tariff wars.
Read more...Complacency, Denialism and the Risk of an Economic Trumpocalypse
Why the downside to Trump economic policies are far greater than the press and pundit class are willing to acknowledge.
Read more...Satyajit Das: The Unravelling – Part 2: Contagion & Containment
Mapping the contagion fever chart of how a Trump financial meltdown might unfold.
Read more...The Legal Limits of Trump’s Crackdown on Sanctuary Cities Like Philadelphia
Trump is escalating his campaign against sanctuary cities, and potentially even sanctuary churches. How might that play out?
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