markets – The Politicus

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AntiCapitalist MeetUp: Are carbon markets like papal indulgences

annieli March 28, 2021

Like Martin Luther objecting to Pope Leo X selling indulgences to raise money for a variety of excesses, the environmental costs of carbon markets far exceed the benefits. Austerity would have … Read More

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Anti-Capitalist Meet-Up: the Climate Crisis has weak carbon markets and lagging technology

annieli February 28, 2021

The sparse number of actual carbon capture and sequestration projects plus weak carbon markets amplify the problems of the climate crisis yet to be revisited, post-Trump. Two heartland examples in North Dakota and Texas show … Read More

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Texas electric grid collapse caused by a Slavish devotion to markets, false independence, more

Egberto Willies February 18, 2021

Meet crony capitalism-owned government, Texas. The Texas grid failure is a perfect example of what markets do to systems we all depend on because they can, given bought governments. Journalist … Read More

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Black Gold Playa … the guy who bankrupts casinos does something something with some markets

annieli April 2, 2020

More than a few folks probably made money because Trump hinted he was “going to do something” yesterday in his presser. Not the first timing, because it’s not really hinky, … Read More

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Mnuchin to Pelosi: You're quoting the Pope I'll quote the markets

Egberto Willies March 24, 2020

If you want to understand the callousness of our economic system and those in charge of it, this Pelosi interview should be probative. Inasmuch as I know this stuff, just … Read More

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global markets shudder as COVID-19 adds to oil price war between Russia and Saudi Arabia

annieli March 9, 2020

Trump’s incompetence is making the COVID19 response worse with some lack of confidence in financial demand. Recession looms. Invest in Chicken Nuggets. x The worldÃ¢Â€Â™s output could fall during the first … Read More

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