Economic Update: Political Strategy for Transition

[S9 E44] Political Strategy for Transition

This week on Economic Update, Professor Wolff discusses a political strategy for transition beyond capitalism to an economy based on democratic worker-owned co-operatives. The first half explores...READ MORE


Federal Reserve Slashes Rates Again

Jerome Powell announced yet another rate cut on Wednesday, bringing the tally to three in 2019 as the US economy continues its uncertainty. Prof. Wolff dissects the data and what the move means for markets stateside and around the globe. 

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Will We See a Crash Before It's Too Late?

There is a high risk of ignoring how much money is owed by corporations. If the interest rate rises even by a small amount, many will default. That could bankrupt thousands of businesses and put millions out of work with no income. Bad decisions made when borrowing cheap money will come back to bite when their corporate bonds come to mature. Prof. Wolff asks whether the credit rating agencies should have lowered the credit ratings of corporations due to their level of debt. What will happen if the economy crashes?

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Economic Update: US's Profit-Driven Medicine

[S9 E43] US's Profit-Driven Medicine

The first half of this week’s episode of Economic Update features updates from Professor Wolff on Berlin, Germany's law freezing all rents for...READ MORE

 


Economic Update: The Human Agenda

[S9 E42]

On this week's EU, Prof. Wolff presents updates on costs of NBA offense to China, worsening global inequality, poverty mocks Nobel prize for 3 economists working on...READ MORE


Hong Kong and China Learn How to Live Together

Hong Kong and China learn how to live together after a century of separation. Prof. Wolff joins Rick Sanchez to discuss the Hong Kong protests, arguing that "Hong Kong needs China more than China needs Hong Kong."

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'Talking About Revolution' - Street Protests Around the World

Countries around the world are rising up against increasing income inequality and lack of economic opportunities, especially for young people. What are the economics behind the protests in Haiti, Lebanon, Chile, Ethiopia, Ecuador, and Iraq? Prof. Wolff talks to Loud & Clear's Brian Becker. Listen Here


Zuckerberg Faces Congress on Libra

Following months of scrutiny by lawmakers across the globe, Mark Zuckerberg faced Congress where lawmakers grilled the social media CEO on the libra digital currency. Prof. Wolff joined Boom Bust to break down the blockchain battle and what it means for the future of FinTech.

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Trade Deal Turbulence

The U.S. and Chinese trade negotiators are working on nailing down a Phase 1 deal for their presidents to sign next month, U.S. Treasury Secretary Steven Mnuchin has said. Prof. Wolff says, “Trump typically makes tremendous grand deal statements about breakthroughs in talks with China which then turn out not to be the case, afterwards Trump usually blames the Chinese." Prof. Wolff tells Boom Bust it’s hard to say if President Trump is actually looking for an agreement with Beijing.
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Economic Update: Making Critical Arguments

[S9 E41]
 
The first half of this week’s episode of Economic Update features updates from Professor Wolff on the U.S. housing crisis as a systemic failure using the example of the homeless LA opera singer, Greta Thunberg's critics, how the Europeans...READ MORE


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