Has any neoliberal clown contested tariff refunds for mega-corporations by arguing that it would increase budget deficit which will lead to higher inflation and interest rates- as they do for any social spending?
ilhan dögüs
@ilhandogus.bsky.social
post-Keynesian economist, liberal-lefty
Mortgage delinquencies are rising despite the Fed kept rates unchanged because real disposable income is stagnated, even fell, as the government didn't increase spending: Rising debt-to-income ratio. So, financial stability requires not only monetary policy but also fiscal policy
In 2023, mainstream economists justified the failure of rate hikes to curb inflation by arguing that people bring demand forward due to expected higher inflation. We said: Bringing demand forward lasts only for a few months, not years and your CBs manage inflation expectations x.com/i/status/208...
FactPost (@factpostnews) on X
CNBC announces U.S. manufacturing activity is slowing: Factory orders are down 0.3%, compared to down 1.3% last month. If you take away transportation orders, it's still a negative number. We were expecting up 0.4%. We're now down 0.4%. That's the worst number since April 2025.
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Markets have overpriced tech stocks based on the expectation that AI will boost productivity. I wrote 5 months ago that it wouldn't be the case if purchasing power of workers erodes. Now tech stock prices are falling as investors noticed that their expectations have failed.. x.com/i/status/203...
ilhan dögüs (@ilhandogus) on X
Powel said in July 2023, he does not foresee a recession. I said, interest rates exceeding the sum of wage and productivity growth rates drive into recession. Lets see, if AI-driven technological impr...
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Who cares about communication of the Fed? The financial or the real sector? Did the real sector raise prices immediately? As you all discuss about the reaction of financial markets, your argument that messages of the Fed have an impact on inflation is a fiction. www.elgaronline.com/edcollchap/b...
Financial Times@financialtimes.com · yesterdayOpinion: Kevin Warsh's awful communications seem knowingly opaque. Of course, some people will praise a Fed chair come what may. Financial markets and others differed, as deliberate opacity was not the only problem. ft.trib.al/DYHyAjM
Sığınma başvurusu reddedilen İranlı mülteci yaşamına son verdi www.medyahabertv.digital/haberler/sig...
Sığınma başvurusu reddedilen İranlı mülteci yaşamına son verdi
İranlı siyasi aktivist ve eski siyasi tutsak Mostafa Ghasemi Hassanvand, sığınma başvurusunun sonuçlandırılmamasını protesto etmek amacıyla Hewlêr'deki Birleşmiş Milletler (BM) binasının arkasında yaş...
medyahabertv.digital
"AstraZeneca announces a global bond offering as of$ 2bn" (25.2.2026) "AstraZeneca admits 8,855 shares under employee schemes" (8.3.2026) Bonds and equities were issued to finance this merger which would increase the market concentration and that is bad for the public health.
Financial Times@financialtimes.com · 2d agoAstraZeneca and Bristol-Myers: when Big Pharma isn’t big enough ft.trib.al/EACuhQ1
Cezaevinde şüpheli şekilde ölen Aksu'nun ailesi: Hakikat açığa çıkarılmalı www.medyahabertv.digital/haberler/cez...
Cezaevinde şüpheli şekilde ölen Aksu'nun ailesi: Hakikat açığa çıkarılmalı
Özcan Aksu'nun ailesinin avukatları, Marmara Cezaevi'nde şüpheli şekilde yaşamını yitiren Aksu'nun ölümünün tüm yönleriyle aydınlatılması çağrısı yaparak, "Hakikat açığa çıkarılmalıdır" dedi.
medyahabertv.digital
US corporate profits rose 50% annually this quarter. Yes, production increased to absorb the rise in producer prices and wage growth is lower while prices rose. However, this alone does not fully account for the 50% increase in profits. I guess the increase in financial income is a more significant.
Japan confirms joint intervention with US to counter yen’s excessive volatility (FT) Another example supporting the argument that balance-of-payment crises are rather a matter of international relations. The recent example was Milei's Argentina. Good relations with the USA protect against the crisis
The Yen has been depreciating over the past year. 1- Why didn't Japan impose tariffs on imports instead of hiking rates or selling FX reserves to appreciate the Yen? Because financial flows, rather than trade volume, determine the exchange rate- as post-Keynesians point out.
They are dictating the Fed over a fictious and tautological argument. Who cares about credibility of the Fed? Bond holders, financial markets. What is the evidence for the decline in credibility of the Fed? Bond holders sold bonds 🤭 x.com/i/status/208...
Financial Times (@FT) on X
Bond sell-off sent warning on Fed’s credibility, says top central bank official https://t.co/U2Ue0RmYI9
x.com
Rising bond rates: Rising liquidity preference and liquidity paradox: -Some investors sold bonds to buy other assets-like shares- from which they expect higher returns -Some sold bonds as they need liquidity to make their urgent payments, but this would result in lower liquidity as bond prices fall
That is the reason why the Fed abstains from rate hikes x.com/i/status/208...
Hedgeye (@Hedgeye) on X
U.S. private credit default rate hits record high in Q2 2026, per Fitch Ratings
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Better to fix the policy rate at zero forever.. Asset bubbles? We have regulations and taxes against them. Negative real interest rates? It is good to erode the wealth of parasites. x.com/i/status/208...
Bloomberg (@business) on X
Federal Reserve Chairman Kevin Warsh is considering reducing the frequency of the central bank’s scheduled policy meetings, the New York Times reported Friday. https://t.co/YuV02k2wlJ
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BoJ kept the policy rate unchanged, intervened in FX markets and the Yen appreciated. My tweet from 10 days ago: x.com/i/status/207...
ilhan dögüs (@ilhandogus) on X
The Bank of Japan should stop signalling further rate hikes- if depreciation of Yen really not desired.
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I have been emphasizing for more than 2 years that CBs target profits of banks, not inflation. CBs cut or do not raise rates regardless the inflation level when nonperforming loans are high.. Thanks to Edwin Dickens. Let's check the argument: +
The war on Iran is a financial asset- especially for Trump and financial corporates.. x.com/i/status/208...
Bloomberg (@business) on X
Gold held a gain after President Trump said the US and Iran were in talks to end the war that’s stoked inflationary concerns and raised the likelihood of higher interest rates https://t.co/rjsZDNX4LG
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Mainstream economists would say, mortgage loan rates increased because the demand for mortgage loans rose. No, this is not the case. As delinquencies and government bond yields are rising, investors asking for higher yields from MBS and banks pass this cost onto loan rates.
1-The war on Iran poses risks for supply chain of semiconductors 2-Inflation triggered by the war will increase profits of other sectors more than tech companies 3-Rate hikes against inflation will deteriorate balance sheets of tech industry more severely as they are overindebted
Die Analyse ist fehlerhaft, da er daran glaubt, dass Ersparnisse die Investitionen finanzieren. Pensionsfonds haben die Investitionen in USA nicht erhöht sondern durch Finanzialisierung reduziert Das Problem liegt an der schwachen Nachfrage nicht am Kapitalmangel www.handelsblatt.com/meinung/wirt...
Wirtschaftsforum: Deutschlands Rentenmilliarden machen mehr Investitionen möglich
Mit der Rentenreform baut Europas größte Volkswirtschaft einen riesigen Altersvorsorge-Kapitalstock auf. Die Kapitalrente ist am Ende auch Wachstumspolitik. Ein Gastbeitrag.
handelsblatt.com
Totally wrong analysis. Investments are not financed by savings. Investment spending creates savings. China's saving surplus arises from budget deficit of the government and trade surplus: S-I= G-T + NX x.com/i/status/208...
The Kobeissi Letter (@KobeissiLetter) on X
China’s economy is built on an extraordinary savings surplus: China’s gross national savings rate stands at ~43% of GDP, the highest among the world’s largest economic blocs. This is more than double the US' rate of ~18%. China’s savings rate has remained above 40% for nearly
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Public pension schemes never run out of money. Such statements aim to manipulate the public in order to convince for private pension funds which gave a rise to financialisation. x.com/i/status/208...
Reuters (@Reuters) on X
🧓 China's pension system was already projected to run out of money by 2035. Now add 320 million gig workers who aren't contributing to it. Hear why that's a ticking time bomb on Reuters Econ World podcast https://t.co/QwtlpaOiHH
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1-Financial traders will store more wheat to sell later at a higher price. 2-Spot prices will rise further because of the more restricted immediate supply of wheat. 3-Food inflation will surge. 4-CBs will hike rates 5-Financial traders will earn an additional interest income. x.com/i/status/208...
Need a break down of new NATO deals with Turkey? @emilyricejohnson.bsky.social has the scorecard! Plus comments by @ilhandogus.bsky.social: 1. FDI & Int'l cash flow monitor 2. Turkey applies to join SEPA 3. Inflation stats and bank news 4. This week’s stat round-up
Can’t Say Na-To A deal
Economy Issue #106
turkeyrecap.com
Günseli Berik@gberik.bsky.social · 4w agoVenezuela 🇻🇪 must be allowed to recover and rebuild from the deadly June 24 earthquakes. That's why I joined over 100 economists/experts from around the world in calling to lift sanctions, unfreeze frozen assets, and let Venezuela access its IMF SDRs. english.elpais.com/economy-and-...
👍 Both evidence and mechanism. Unearned property income received for owning stuff, versus earned labor income received for… working.
A very clear evidence for the fact that middle-class has eroded..
Steve Roth@steveroth.bsky.social · last mo.In the 1960s and 1970s, households’ income and assets grew together. Reaganomics changed that. In the 1980s both income and asset growth declined. But asset growth bounced back in the 1990s. Income growth never did.* HT @sjshancoxli.liberalcurrents.com shorturl.at/pEf1i
Why is Germany's economy in trouble; others not? Because the government spent for the military, not for the public. FDP finance minister Lindner has been talking about efficiency. Military spending is efficient, yeah. It seems, Germany's reckoning with violence and Nazi past was nothing but a myth
