‘THE ECONOMICS OF MODERN IMPERIALISM’. A pioneering but flawed paper.

I would have preferred to provide the reader with a more detailed analysis but the world stock markets continue to beckon.

A FINANCIAL BUBBLE ‘TOO BIG TO FAIL’ IS BEING TESTED. THE US ECONOMY STUMBLES AT THE END OF 2021.

This article is based on important economic releases this week primarily data on Retail Sales and Industrial Production in the USA.

THE ESTABLISHMENT PAYS A HEAVY PRICE FOR SHAFTING CORBYN; The wrecking of the Tory Party. Couldn’t happen to nicer politicians.

Unlike Trump and his base, it is likely the UK establishment will reclaim the Tory Party from the populists before the next election. It is also likely that Johnson is measuring his residency at No 10 on a daily basis. This is a foreshortened article on the state of the Tory Party. Developments in the world economy, for example the release today of Retail and Industrial Data in the USA, beckon requiring urgent analysis and commentary.

BACK TO THE PAST: 2016. This time the world economy may not avoid recession.

THE CHINESE ECONOMY as it exits 2021 and enters 2022.

On the 5th January, after I published this article, the Financial Times reported on Chinese Bank lending in an important article titled: “Chinese Banks Reveal Fears Over Economy”. The article showed that Chinese banks bought loss making instruments such as bankers’ acceptances to meet their annual lending quota rather than lending to the private sector because of fears of a slowing economy and and the risks that poses. Seems these bankers are no different to those found in the West concerned about preserving their capital rather than following the edicts of the CCP.

UPDATED U.S. THIRD QUARTER DATA AND PROSPECTS FOR 2022.

The first download is the article and the following two are supporting spreadsheets. This article is based on releases by the BEA on the 22nd December of revised and additional data on the US economy.

HOW THE LEFT ALMOST LOST CHILE.

While Boric tours the country and the TV studios preaching national unity the capitalist class exercises its international unity by hauling tens of Billions of Dollars from the country, further reigning in the pledges made by the incoming left reformist president.

WILL INFLATION ENDURE INTO THE NEW YEAR? Transitory or not?

Inflation is the key economic question at the moment. This article revisits earlier articles with up to date data. It establishes that the treatment of money in the earlier articles on Modern Marxist Monetary Theory is essentially correct and that this theory does provide an insight into the movement of market prices. The first download is the article while the latter two downloads are the supporting spreadsheets containing the data and calculations used in the article.

UNBELIEVABLE! JOHNSON IS STILL PRIME MINISTER.

WHY GOLDMAN SACHS IS WRONG AND MARX WAS RIGHT.