The volume of crude production that Iraq has *already* shut-in is larger than the peak of *feared* [but never realized] Russian supply loss in early 2022 that spiked crude prices above $120 per barrel.
Pretty serious allegation here. "Witnesses told the BBC that the Israeli soldiers had arrived disguised in Lebanese military fatigues and used ambulances with signs of Hezbollah's Islamic Health Organization."
www.bbc.co.uk/news/article...
The intensity of the Israeli bombardments in Beirut’s southern suburbs....
www.nytimes.com/2026/03/05/w...
You do sometimes really get it driven home that American Christianity was founded by the protestants so weird Britain had no choice but to persecute them.
Ulf Kristersson (M) bekräftar att ursprunget till tonårsutvisningarna är införandet av tidsbegränsade uppehållstillstånd som huvudregel – men det är inte förrän riksmedier tio år senare börjar rapportera som det blir ett politiskt problem som måste hanteras.
a graph of year-on-year change in US Blue Collar Employment
The US continues losing blue-collar jobs—year-on-year job losses have hit 238k as manufacturing, transportation, & mining industries lose jobs at a rapid pace, while growth in construction remains low
It’s already happening. Iran attacked a desalination plant in Bahrain.
This war has to end immediately. If it turns into a water war we will be dealing with a whole different level of a humanitarian catastrophe across the region.
aje.news/64yl8m?updat...
"Around 1/4 of people in Lebanon are currently under Israeli evacuation orders. Jeremy Ristord, our head of mission, describes how 400,000 people, in an area the size of Manhattan, had one hour to flee. The resulting chaos means people are sleeping in cars, and are in need of water and essentials."
evidence from Bonvillian's "Pioneering Progress," thanks @upcomingskel.bsky.social for sending my way!!
Corporate innovation, as best as I can tell, only happens when federal policy or extreme competition forces the quick depreciation of your existing capital stock and forces you to compete on quality. Hard to engineer this.
Det blev ett mycket intressant samtal med Swedbanks prognoschef Andreas Wallström i veckans avsnitt, om de ekonomiska konsekvenserna av kriget i Mellanöstern, den svenska konjunkturen (nu vänder det!), och frågan om finanspolitiska ramverket finns kvar eller inte.
open.spotify.com/episode/5Muk...
Many European manufacturing regions also depend heavily on US final demand. For some regions, a significant share of manufacturing value added is ultimately absorbed by the US market through trade and production linkages.
Quite an opening paragraph.
Using regional employment data, the map shows which parts of Europe are most exposed to the rise in Chinese import competition across manufacturing industries. The results highlight the industrial core of Germany and the manufacturing belt of CEE.
The humanitarian crisis in Gaza is "still catastrophic" and has seen only a "marginal" improvement since the ceasefire, with worse to come due to the Middle East war, senior WHO officials told reporters today.
Thinking that ”there is no such thing as public money; there is only taxpayers’ money" will lead to fallacies like this
And automatic stabilizers
The Swedish government only has one unemployment policy: Hounding the unemployed and lowering benefits. They believe all unemployment is due to laziness. They can believe such an absurd thing because none of them ever had an actual real job so do not understand work
Fått en helt ny syn på hur statsfinanserna fungerar pga @maxjerneck.bsky.social.
Economist @annpettifor.bsky.social argues that to tackle the climate crisis, governments and central banks must take back control of the global financial system from market governance, challenging the current orientation towards global capital markets instead of society. greencb.co/4cVKxgq
kind of crazy that if you have enough money and don't like what you see in the media, you can just buy up every film studio, news station, and social media app and change it
Your periodic reminder that saving is a residual measure, not the start of a causal chain. Individuals decide on how much to spend. Saving equals income less consumption. It’s an outcome not an impulse.
In contrast to the West, China's political economy has long been grounded on emergency preparedness. Its massive public reserves insulated China from global price shocks in 2022 and will again be a crucial buffer now.
Link: triviumchina.com/2026/03/03/s...
"Hundratusentals arbetsföra människor hålls i arbetslöshet.
Sjuka utförsäkras och tvingas söka jobb de inte kan få. Detta ”utanförskap” utmålade M som snyltare på de skötsamma ”hårt arbetande” människorna som hade jobb. Snyltarna straffas med sänkta bidrag. Anställda belönas med jobbskatteavdrag."
LEDARE ”Högern vet hur man söndrar och härskar. Det är så den har behållit sin riksdagsmajoritet i 20 år”, skriver Arbetets kolumnist @maxjerneck.bsky.social
arbetet.se/2026/03/03/k...
Där sa du nåt 🫢
Tänkte mest att det blir så tyst när man ställer den här frågan att man hör syrsorna; vi har ingen som ens är i närheten
🦗🦗
‘Can we afford it?’ This is a nonsensical question, so long as there is unemployment. When there is unemployment there is no problem of scarcity of output; there is deficiency of demand. Anything that increases demand increases output. The question of what we can afford only comes up when we are using all our resources fully, so that more of one thing means less of another.
Kul med kloka ekonomer som Joan Robinson.
Hennes artikel om full sysselsättning kan ni hitta här:
www.tandfonline.com/toc/crpe20/3...
