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crookedtimber.org
| | jacobin.com
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| | What caused Donald Trump to walk back on many of his tariffs last week was not domestic pressure but a run on the market for US Treasuries led by large institutional savers. If US debt is no longer a safe asset, then American hegemony is also at risk.
| | dissidentvoice.org
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| | As an intended outcome of neoliberal doctrine and a natural stage of capitalist development, global financialization constructs a borderless nexus of power in which debt and austerity fuels a cultural, political and economic landscape bound to enduring structures of domination, and creates unprecedented wealth through the accumulation of suffering. ***** According to economist Richard Wolff,
| | michael-hudson.com
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| | Michael Hudson in one of his most powerful interviews on the decline of the people in preference for Wall St.
| | www.aiib.org
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| The Asian Infrastructure Investment Bank (AIIB) joined a group of 11 multilateral development banks (MDBs) and the International Monetary Fund (IMF) in launching a first-ever joint report on financing the Sustainable Development Goals (SDGs).