THE STARK CHOICES FACING THE FED; INFLATION vs SAVING THE BANKS, or is it so stark?

In the article I pointed out that the bulk of layoffs currently are amongst higher paid workers. This is confirmed by the news that Indeed the employment agency, is sacking 15% of its workforce thereby revealing that the record number of job openings are a fiction, they are either stale or duplications. What the FED does not appreciate is that the loss of higher paid jobs outweighs the addition of lower paid jobs. Thus a qualitative analysis which looks at the nature of the job losses and creations, rather than the crude and inaccurate BLS survey of jobs, shows that the overall purchasing power of wages is falling given where the job cuts are concentrated.

THE UK SPRING BUDGET. THE DEMISE OF NEO-LIBERALISM. Funding innovation while bearing down on the nation.

CHINA BITES BACK. THE CHINESE DRAW OUT THE CONSEQUENCES OF US ESCALATIONS.

HOW THE SOCIAL OR COMMON FUND ALLOCATES INVESTMENT ACROSS PRODUCTION IN A COMMUNIST SOCIETY.

I participate in a Zoom group called ‘Why Marx’ which holds two hourly meetings beginning at 7PM London time on Thursday evenings. Interesting topics are chosen. I will be delivering a presentation on the Critique of the Gotha Programme and in order to stimulate a discussion I was sent Sam Gindin’s article on market-socialism which I have reviewed here. If anyone wishes to participate in these discussions and join the group the link to register follows here:

https://us02web.zoom.us/webinar/register/WN_AplKR6yjRimAcaO9o2GZ4w

LEARNING FROM THE MISTAKES OF THE USSR. A BRIEF 21st CENTURY COMMUNIST MANIFESTO.

From time to time I reload my draft programme to bring it to the attention of new readers. I consider it to be the most important document on this website.

ANALYSIS OF THE CREDIT SUISSE GLOBAL INVESTMENT YEARBOOK 2023. The vexing issue of long waves.