WHY GOLDMAN SACHS IS WRONG AND MARX IS RIGHT.

OMICRON: Vaccinations are no Substitute for a Healthy Nation.

AN ANALYSIS OF US THIRD QUARTER PROFITS WITH AND WITHOUT SUBSIDIES.

The top Download is the article and the bottom two Downloads are the supporting spreadsheets. This post was made possible by the preliminary release of corporate profits on the 24th of November by the BEA. Please note, I have replaced the original spreadsheet Table 1.14. On reflection I decided to refine the subsidies falling to the non-financial sector by removing the share going to the financial sector. It has subsequently transpired that over the last two quarters all the subsidies have gone to the non-corporate sector, thus the apportioning has not altered the rate of profit over this period which was first estimated to stand at 4.8% pre-tax in the third quarter.

THE COMPLEX GRANDEUR OF COMMUNISM BUILT BY WORKERS TO THE RHYTM OF UNIVERSAL LABOUR TIME.

1997 – 2020: RATES OF PROFIT, SURPLUS VALUE & TURNOVER.

The article is above followed by three spreadsheets below containing the data and formulae for the graphs in the article.

COP26; NOT SO MUCH KEEPING 1.5 C ALIVE AS GIVING IT THE KNIFE.

DEFCON 3 – YELLOW ALERT. Analyzing the Pentagon’s 2021 report to Congress on China’s military capabilities.

THE CENTRAL BANKERS BOTTLE IT.

This article analyses the recent decisions made by The Bank of England and the Federal Reserve to understand why they did not dare to raise interest rates.

Please note I have updated this post in the light of data found in the FED’s November Financial Stability Report which was released after this post went first on line.

CHINA & JAPAN: IMPORTANT DATA AND INSIGHTS.

THE UK AUTUMN FINANCIAL STATEMENT. Optimistic days are here again or not.