THEPLANNINGMOTIVE.COM

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.

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.