CAPITALIST COST-PRICE BOTH SQUEEZES WORKERS AND DAMAGES OUR PLANET.

A WEAK CHINESE ECONOMY SET TO DOMINATE THE CCP CONGRESS ON THE 16th of OCTOBER.

This article examines the latest data on the Chinese economy including profitability, turnover, investment, retail sales, real estate and exports. It shows a weak economy that is likely to dominate the Congress, and in many ways, the difficult proposals to re-invigorate the economy will be more consequential than the leadership election itself.

errata: When annualizing the complex rate of return I mistakenly took August to be month 9 instead of 8. This is now corrected. The Rate therefore fell to 5.49% and not 4.88% as reported in the original. I have now corrected and replaced the article. What is important is that the trend remains unaltered.

REVIEWING THE CRISIS IN THE UK AND PROFITS IN THE USA.

THE NEW KING INHERITS A BROKEN KINGDOM LED BY A DELUSIONAL AGENT-PROVOCATEUR.

This article was mostly written prior to today’s mini budget which will end up damaging the economy rather than helping it. When the time comes Truss will no doubt take a leaf from Johnson by making Kwarteng the fall-guy for this debacle.

COMMUNIST SOCIETY’S RESPONSE TO CLIMATE CHANGE. MOBILIZING THE SOCIAL OR COMMON FUND.

FOOD PRICES REPLACE ENERGY PRICES AS THE DRIVER OF INFLATION.

Corporate releases of record inventories over the last week indicates once again that August retail sales were overstated.

HOW MARGINAL COSTS INFLATE UTILITY BILLS

Following a comment requesting a fuller explanation of marginal costing in the sphere of electricity production, I have responded by adding an attachment below. And now as well a Graph showing the difference in the movement of prices set by marginal costs and market value.

GERMANY WHERE NEXT? Q2 DATA INCLUDING RATE OF PROFIT.

US CORPORATE PROFITS Q2 2022, DIFFICULT TO INTERPRET?!

THE TWO GLOBAL ECONOMIC LOCOMOTIVES RUN OUT OF PUFF.

THIS IS THE FIRST ARTICLE IN THE SERIES LOOKING MORE CLOSELY AT THE CHINESE ECONOMY.