Articles

  • Jan 10, 2025 | surplusmagazin.de | Herman Schwartz

    5,3 Billionen Dollar an Konjunktur- und Entlastungsausgaben der US-Regierung haben die Wirtschaft auf den Wachstumspfad vor der Coronapandemie zurückgebracht. Doch dieser Wachstumspfad war weder vor noch nach der Finanzkrise 2008 besonders robust. Der langsame Verfall der Wachstumsraten des Bruttoinlandsprodukts (BIP) war auch nicht nur in den USA zu beobachten.

  • Apr 17, 2024 | phenomenalworld.org | Kate Mackenzie |Tim Sahay |Herman Schwartz |Mona Ali

    We live in a dysfunctional system in which money flows out of the countries that need it most and into the coffers of the wealthiest. In 2023, the private sector collected $68 billion more in interest and principal repayments than it lent to the developing world. International financial institutions and assistance agencies extracted another $40 billion, while net concessional assistance from international financial institutions was only $2 billion—even as famine spread.

  • Apr 5, 2023 | phenomenalworld.org | Roy Cobby |Ella Coon |Herman Schwartz

    The headline “World trade war looms over microchip accord” seems like it could come from any news source today, but it in fact appeared in Nature back in February 1987, when the US had signed bilateral agreements with Japan to promote its own semiconductor exports and limit imports from the latter. European governments, in turn, were angry at what they saw as the cartelization of the global market.

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