Tag: economics

Planet Is Screwed, Says Bank That Screwed the Planet

JP Morgan Chase is the world’s leading financer of fossil fuel projects. And according to a report from within the company, recently leaked to the press, the world is seriously underestimating the adverse effects of climate change. The 22-page report, entitled “Risky Business: the climate and the macroeconomy” and dated January 14, 2020, has been […]

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The Planet Is Screwed, Says Bank That Screwed the Planet

JP Morgan Chase is the world’s leading financer of fossil fuel projects. And according to a report from within the company, recently leaked to the press, the world is seriously underestimating the adverse effects of climate change. The 22-page report, entitled “Risky Business: the climate and the macroeconomy” and dated January 14, 2020, has been […]

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To End Forever War, Keep the Dollar Globally Dominant

In early 2016, Obama Treasury Secretary Jack Lew cautioned that the dollar’s dominance as a global currency rested, in part, on the U.S. government’s reluctance to fully weaponize it. If foreign markets and governments “feel that we will deploy sanctions without sufficient justification or for inappropriate reasons,” he warned, “we should not be surprised if […]

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To End Forever War, End the Dollar’s Global Dominance

Two days after a U.S. drone assassinated Iranian Maj. Gen. Qassem Soleimani outside the Baghdad International Airport, the Iraqi parliament approved a nonbinding resolution to expel the American military from its country. It was not Iraq’s first effort at eviction: Several times in the past few years, the Baghdad government has requested that U.S. forces […]

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The Military Views Poor Kids as Fodder for Its Forever Wars

In my high school in rural North Carolina, a plastic table was set up just off to the side of the atrium where we all congregated after lunch every day. Behind that pamphlet-strewn table was a man in the recognizable khaki of a Marine’s service uniform. With a smile that never left his face, he’d reach out a hand and ask about […]

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