By Michael Roberts Last week, the Bank of England’s chief economist, Huw Pill, doubled-down on the argument that the current inflationary spiral affecting the major
Author: Posted by Truman
By Michael Roberts Only last February, I posted that there had been a burst of optimism about the state of the world economy in 2023.
By Michael Roberts ChatGPT is being heralded as a revolution in ‘artificial intelligence’ (AI) and has been taking the media and tech world by storm
By Michael Roberts The recent massive demonstrations against the Macron administration in France forcing through so-called pension reforms reveals the determined attempts of pro-capitalist governments
By Michael Roberts Bank stock prices have stabilized at the start of this week. And all the key officials at the Federal Reserve, the US
By David Cartwright, Glasgow Anniesland Labour Party member and Gray Allan, Falkirk Labour Party member Six weeks ago the Scottish National Party (SNP), the Scottish
By Michael Roberts Stock markets are jumping back up today. It seems that financial investors think the monetary authorities and banking supervisors have got the
By Michael Roberts As I write, US regional banks stock and bond prices are diving. And a major international Swiss bank, Credit Suisse, is close
By Michael Roberts Last week, US Fed Chair Jay Powell gave testimony to the US Congress on inflation and Fed monetary policy. He spooked financial
By Michael Roberts On Friday, Californian bank Silicon Valley Bank (SVB) became the largest bank to fail since the 2008 financial crisis. In a sudden
