The Iran deal shows something bigger than a war The so-called peace deal between the US and Iran is a largely completed peace agreement, even if Netanyahu challenges it a bit by continuing to bomb Lebanon. But Israel will probably have to give in to Trump and the US can no longer afford the political and economic price of…
Category: Ukraine war
Taiwan and China are part of globalization
The tension between Taiwan and China is a charged issue that could have major global consequences. Sweden, like many other countries, follows the USA's "one-China policy", which recognizes the People's Republic of China but not Taiwan as an independent state, although at the same time it maintains unofficial ties with Taiwan. China, on the other hand, claims that the “one-China policy” and their own “one-China principle” are equivalent, which means…
MMT can solve the third world debt problem
Global economic experts are increasingly questioning the current system's effectiveness in dealing with debt crises. A central figure in this debate is Martin Guzman, a prominent economist and former finance minister of Argentina. He, along with other influential voices, argues that the ambitious framework that emerged after the Second World War is no longer suitable for today's…
Biden's fiscal policy strengthens the economy and reduces the gaps
In an age where news headlines often dominate with negative news, it is important to also highlight the positive events. Biden's expansive fiscal policy is yielding results. The latest report from the Federal Reserve and the Treasury Department shows a gratifying trend break in the US economy. It is a development that must not be overlooked. Increased prosperity for all Between…
Towards a more peaceful world despite Ukraine
Hans Blix believes in a more peaceful world despite ongoing conflicts such as the Ukraine war. Blix is a well-known lawyer, formerly internationally responsible for disarmament and a former UN official. Blix argues that the threat of nuclear weapons deters large-scale war. But nuclear weapons are inherently too dangerous. The Second World War raised many people's opposition to war as a solution and has contributed to demands for…
The truth about immigration
Integration is an investment – not a cost. Although it sometimes takes up to 5-8 years for refugee immigrants to get a firm grip on the labor market, it is significantly shorter than for many native Swedes without higher education. Young Swedes often try their luck in their 20s and 30s between temporary jobs, unemployment, and studies before they…
The right thinks the poor should eat less
Poor people should eat less. At the same time, 500 people in Sweden cannot afford basic expenses and certainly no greed inflation. In 000, 2022% of households lacked a buffer for unforeseen expenses. But the right's solution to inflation is that low-income earners should reduce their consumption of electricity, heat and food. Therefore, many Swedes now have to lower the temperature...
Inflation peaked in July 2022 in the US but not the interest rate
Inflation in 2022 was due to bottlenecks in production due to the pandemic. The rate hikes did not stop inflation, according to Alan Blinder, former vice chairman of the Federal Reserve. Since July 2022, the rate of price increases in the United States has decreased. Unemployment is the lowest in 50 years. The rising prices are otherwise due to too little competition between the few dominant market players and too free pricing....
No government deficits – society's unnecessary straitjacket
Vote for bigger government deficits! Deficits are part of how the state regulates the market and protects citizens and nature. Neoliberalism attacks this. How is money created? Can we afford to work? Sweden's Riksbank's prize in economic science in memory of Alfred Nobel in 2022 suggested that banks have an important role for the social economy even if this can…
Trickle-down economics has reached the end of the road
The absurdity becomes almost comical. Simona Mohamsson wants to make Sweden a tax haven for billionaires and double the number of billionaires by 2036, despite the fact that Sweden is already one of the world's most favorable countries for very large fortunes. TV4, SVT and Sveriges Radio have reported on the Liberals' goal of 1,000 billionaires, and economists have already expected…