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

Economic Update: The Capitalist Corporation

[S9 E40]

This week on Economic Update, Professor Wolff examines the structure and functioning of the large capitalist corporation dominating modern economies. He discusses...READ MORE


Investors Cautious Over Trumps Deal with China

Prof. Wolff discusses the pending "temporary deal" between China and the U.S., Wall Street's likely reaction and how it could affect Beijing's meteoric rise.

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Can Fed Keep Economy Going For Much Longer?

The Feds are controlling the business cycle, or do they just want to make us think they are? Prof. Wolff joins Thom Hartmann to discuss the how the feds have manipulated the business cycle.

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Federal Reserve Cuts Rates

The Federal Reserve has cut rates yet again, as demanded by President Trump, but what will this move mean for markets? Prof. Wolff appears on Boom Bust to break down the future for the Fed. Plus, Amazon's algorithm is under a harsh spotlight today as recent reports allege the company's search tool favors the company's own products. View Here

 


Where is the U.S.-China Trade War Headed?

President Trump and Chinese Vice Premier Liu had a high stakes meeting at the White House in a bid to avoid new tariffs on $250 billion worth of Chinese goods. Brian and John speak with Prof Wolff to discuss the the big picture behind the U.S.-China trade war. This interview is courtesy of Loud & Clear


China-NBA Riff Deepens

Trade negotiations between the U.S. and China are set to resume this week, but now the fight has spilled over into a new realm...the basketball court. Prof. Wolff joins RT's Boom Bust to break down what the spat means for negotiations. View Here


Economic Update: Worker Co-ops, Socialism's Future

[S9 E39]

In the first half of Economic Update this week, Professor Wolff discusses how and why socialism changed from what it meant in the 19th and 20th centuries (public enterprises...READ MORE


Economic Update: A Growing US Left

[S9 E38]

This week on Economic Update, Professor Wolff delivers updates on California events (LA Times labor union, 80,000 Kaiser workers to strike, new state public banking law), gross inefficiency of private...READ MORE


Neither Democrats Nor Republicans Will Admit the Problem Is Capitalism Itself

Prof. Wolff pens an article challenging both Republicans and Democrats to admit their policies’ failures and to open the public and professional discussion on capitalism’s recurring recessions and to systemic critiques and solutions involving systemic change. This article appears courtesy of Truthout.


Is the Dollar's Dominance Declining?

The power of the U.S. dollar has been the dominant player in the financial world for decades, but could that be on the verge of changing? Prof. Wolff joins Boom Bust to break down what the future has in store for the greenback around the globe.

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Economic Update: Capitalism and Mental Health

[S9 E37]

This week on Economic Update Professor Wolff delivers updates on the ICE raid in Mississippi, global comparisons of gun violence and conservatives’ reactions to...READ MORE


World Bank and International Monetary Fund Global Coercion

Prof. Wolff joins Eugene Puryear and Sean Blackmon to talk about how U.S. Presidents, the World Bank and IMF use economic sanctions and aid to coerce foreign leaders, the state of the global and US economy, and the ongoing trade war between China and the U.S. This interview can be heard courtesy of Sputnik Radio.

 


Socialism Represents the Critical Demand to Extend Democracy into The Economic Sphere

Prof. Wolff talks with Algerian journalist Mohsen Abdelmoumen to discuss socialism's place in our economic future. This article appears courtesy of American Herald Tribune, Europe’s most widely read English language newspaper.


Economic Update: U.S. Economy and the Market

[S9 E36]

This week on Economic Update Professor Wolff delivers an analysis of the state of the U.S. economy at summer's end, 2019 and it’s a decidedly mixed picture. 

In the second half of...READ MORE


Questioning Socialism – A Constructive Debate

Prof. Wolff joins ActTVism Munich to talk about neoliberalism, capitalism & socialism. In addition, Prof. Wolff is questioned about the underlying principles and methods of socialism and whether a reformist or revolutionary approach is required in order to improve the system.

 

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