Trump’s economic policies have not addressed the fundamental forces that have gutted industrial jobs under the administrations of both parties, says economist Michael Hudson on theAnalysis.news podcast with Paul Jay.
The Federal Reserve has been subsidizing the megabanks, but what’s needed is an institution that provides the backstop, the loan guarantees, the subsidies, the lines of credit, et cetera, to support the development of a whole variety of public financial institutions. Gerald Epstein on theanalysis.news podcast with Paul Jay.
The massive finance firm Blackrock says there will be “de-globalization” and intensifying rivalry between the U.S. and China no matter who wins the November elections. Heiner Flassbeck says Europe cannot agree to take sides, on theAnalysis.news podcast with Paul Jay.
A silent revolution is happening in investing. It is a paradigm shift that will have a profound impact on corporations, countries and pressing issues like climate change. Yet most people are not even aware of it.
The Canadian public healthcare system has not been perfect, but it’s the privately owned facilities that have failed badly. Mario Seccareccia on theAnalysis.news podcast with Paul Jay. Transcript Paul Jay…
Throwing cash at the problem seems to help – investors at least. elenabs/Getty Images
Our fate is in the hands of a class that considers risking Armageddon an acceptable part of their business model. Essay by Paul Jay
On Reality Asserts Itself, Ms. Foroohar and host Paul Jay discuss the merging of finance and big tech and the threat AI poses to working people and the economy; they also discuss the potential of AI in addressing the climate crisis and making a more rational and equal society possible – with host Paul Jay. This is an episode of Reality Asserts Itself, produced May 9, 2018.
On Reality Asserts Itself, Ms. Foroohar says growing inequality and record student, household and corporate debt is creating a dangerous bubble, similar to the lead up to the ’29 crash; the Financial Times columnist and author of “Makers and Takers” says a few on Wall St. see it, but most businesses are doing too well to care – with host Paul Jay. This is an episode of Reality Asserts Itself, produced May 9, 2018.
On Reality Asserts Itself, Ms. Foroohar says President Bill Clinton’s finance team further deregulated Wall St. including eliminating Glass-Steagall legislation allowing even riskier investments; the Financial Times columnist and author of “Makers and Takers” says this helped create the world’s largest financial institution—Citigroup— headed by Clinton’s former Treasury Secretary Robert Rubin – with host Paul Jay. This is an episode of Reality Asserts Itself, produced May 9, 2018.
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