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Tag Archives: Raúl Ilargi Meijer
Impoverished by Too Much Money
Impoverished by Too Much Money Shipping Decline BALTIMORE – “It’s over!” Raúl Ilargi Meijer, a regular contributor to David Stockman’s Contra Corner newsletter, explains that the “entire model our societies have been based on for at least as long as we ourselves have lived is over!” Global corporate defaults are at the highest level since the peak of […]
Alastair Crooke: ‘End of Growth’ Sparks Wide Discontent
Alastair Crooke: ‘End of Growth’ Sparks Wide Discontent Notre Dame Gargoyle, Paris France, 19th century Former British diplomat and MI6 ‘ranking figure’ Alastair Crooke quotes my September 26 article “Why There is Trump” so extensively in this article for Consortium News that I thought I might as well post the whole thing here at the Automatic Earth too. […]
The IMF and All The Other Losers
The IMF and All The Other Losers Andre Kertesz Bumper cars at amusement park in Neuilly-sur-Seine, near Paris 1930I read a lot, been doing it for years, about finance and affiliated topics (a wide horizon of them), which means I’ve inevitably seen a wholesale lot of nonsense fly by. But for some reason, and I think I […]
China Relies On Property Bubbles To Prop Up GDP
China Relies On Property Bubbles To Prop Up GDP Carl Mydans Sharecropper’s family in Mississippi County, Missouri 1936Lots of China again today. Most of it based on warnings, coming from the BIS, about the country’s financial shenanigans. I’m getting the feeling we have gotten so used to huge and often unprecedented numbers, viewed against the backdrop of […]
Negative Interest Rates and the War on Cash (1)
Negative Interest Rates and the War on Cash (1) Irving Underhill City Bank-Farmers Trust Building, William & Beaver streets, NYC 1931 It’s been a while, but Nicole Foss is back at the Automatic Earth -which makes me very happy-, and for good measure, she starts out with a very long article. So long in fact that […]
Toxic Wheat, GMOs and the Precautionary Principle
Toxic Wheat, GMOs and the Precautionary Principle Ben Shahn Daughter of Virgil Thaxton, farmer, near Mechanicsburg, Ohio 1938Recently, I posted a two-tear old article on facebook.com/TheAutomaticEarth that was shared so many times it seems to make sense to use it for an Automatic Earth article as well. The article asks how toxic the wheat we eat is […]
Climate, Energy, Economy: Pick Two
Climate, Energy, Economy: Pick Two Dorothea Lange Miserable poverty. Elm Grove, Oklahoma County, OK 1936We used to have this saying that if someone asks you to do a job good, fast and cheap, you’d say: pick two. You can have it good and cheap, but then it won’t be fast, etc. As our New Zealand correspondent Dr. […]
Deflation Is Blowing In On An Eastern Trade Wind
Deflation Is Blowing In On An Eastern Trade Wind Jack Delano “Lower Manhattan seen from the S.S. Coamo leaving New York.” 1941 Brexit is nowhere near the biggest challenge to western economies. And not just because it has devolved into a two-bit theater piece. Though we should not forget the value of that development: it lays bare […]
Brexit: The System Cannot Hold
Brexit: The System Cannot Hold Stephen Green 18×24 inches. 2016. Acrylic on canvas. MuseumofAwesomeArt.com Well, they did it. A majority of Britons made clear they’re so fed up with David Cameron and everything he says or does, including promoting the EU, that they voted against that EU. They detest Cameron much more than they like […]
Murder, Lifeboats, an Iceberg and an Orchestra
Murder, Lifeboats, an Iceberg and an Orchestra DPC White Star liner S.S. Olympic, sister ship of Titanic, NY 1911The reason the Brexit debate has gotten so out of hand is nobody understands what it’s about. The Brexit campaigns have started anew in the UK, and from what I’ve seen here from left field barely a thing has […]
Who’s Really The Fascist?
Who’s Really The Fascist? John Vachon Paramount Theater and dairy truck, 44th Street, NYC 1943 Like most of you, I too see an increase in the use of the term ‘fascism’ in the media, and it is -almost- always linked to the rise of Donald Trump in the US and various politicians and parties in Europe, Le […]
A Simpler Way: Crisis as Opportunity
A Simpler Way: Crisis as Opportunity Jordan Osmond and Samuel Alexander Image from ‘A Simpler Way: Crisis as Opportunity’ 2016On July 27 2015, I posted a 2-hour interview with Nicole Foss that was recorded when we were in Melbourne in April that year. The interview -though not the full two hours of course- was always meant to be part […]
Brexit: Wrong Discussion, Wrong People, Wrong Arguments
Brexit: Wrong Discussion, Wrong People, Wrong Arguments G.G. Bain Immigrants arriving at Ellis Island, New York 1907There’ve been a bunch of issues and topics on my -temporarily non-writing- mind, and politics, though as I’ve often said it’s not my preferred focus, keeps on slipping in. That’s not because I’ve gotten more interested in ‘the game’, but because […]
