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In the present context, North Korea is irrelevant. Iran is about to enter back into trade with the Western nations as a part of the revitalized nuclear pact about to be signed. Most likely the U.S. and European nations will resume petroleum trading with Iran. China will do what is in China's...

Of course, and it will have zero impact on the U.S. Government's ability to enforce crippling economic sanctions on Russia.

I think you may be making a fundamental mistake to assume Russian speakers in Latvia and Estonia, and even in the Donbass region are necessarily Russian sympathizers. These "Russians" have all had access to government propaganda from both sides and from their own personal experiences are able...

That's a fine idea. I rather like the idea of referring to the Russian currency as "Rubble."

It is the height of naivety to write, "This should never have happened," as though we, or any peoples, had the power to alter the precession of the planets about the Sun. Of course it should and will happen. Why would you think any nation would be so foolish as to try and prevent a nation of a...

There will be no default on U.S. issued Treasury securities. The Central bank can buy them back in strong dollars whenever it is to the U.S.'s advantage to do so. The money needed to buy all of the Treasuries issued was "printed" and spent into the economy before the Treasuries were issued...

Correction: was nearly as corrupt as Russia before 2014 revolution. The old elements of corruption are not entirely gone but are slowly being transformed under the new democratic government, a Government struggling to remain free of Russian domination. You can't expect overnight miracles...

utter nonsense. Get a Grip on realty. Why would one more nation on Russia's border make any difference? It wouldn't, other than preventing him from invading that nation if that is what he had planned all along!!! Regardless of what Putin says -- he's a horrible liar of course --- why not read...

No, actually there are not. So what is your point. My point is that there are people in every country of the world, including many in Russia, who are reviled by Putin's lies about the Ukrainian government, his lies to the Russian People and to Russian Army conscripts about his unprovoked...

Well that of course is up to you. I know the topic I often post on is a difficult one; made more difficult still by what we have been taught in chapters on money and banking our economics classes, up until just recently, and everything we hear from classically trained, older economists and the...

It sure looks like borrowing, doesn't it! But it is not. By the time the Treasury auctions securities the new money needed to pay them off has already been created and spent into the economy. Thus when the Treasury sells securities, the I.O.U.s, it has already acquired the assets the...

It is the latest leaks coming from the Jan 6th Investigation. Seems to mean something. Apparently based on evidence showing Trump knew there was no election fraud -- committee now has proof according to the leaks -- and nevertheless intentionally plotted to overturn the legitimate election...

I'd be interested in your reasoning. It looks now as though Trump is headed toward a criminal indictment. The only question is whether it can come before January 2023. If it doesn't, then the odds favor Trumps survival but not his getting the GOP nomination for 2024. The GOP is badly split over...

The United States does not borrow. To cover deficits caused by differences between revenue and expenditures it creates new money called "outside money" by economists. Well after the Treasury has spent this new outside money into the economy, the Treasury auctions securities in the amounts of...

In the business world and among the associated cadre of consultants that big business sustains, business management fads are continually be rediscovered, repackaged and re-sold. Once in a while there is something truly new, but that is both extremely rare and hardly ever useful other than to...

This article was written before the War.

Leaving aside the word "better" for the time being, I do not understand how anyone can look at the two major American Political parties, the legislation they introduce, their rhetoric, their actions and the faces of the people representing the two parties in Washington and not immediately...

OK. I understand now.

What is your opinion regarding student debt?