Spitfire List Web site and blog of anti-fascist researcher and radio personality Dave Emory.
The tag 'Macroeconomics' is associated with 2 posts.

Memorial Day Weekend Broadcast: Sunday, May 26th and Monday, May 27th

On Sunday 5/26/2019 from 11 a.m. (Pacific Time) until 7pm, and on Monday, 5/27/2019 from 10am until 7pm, KFJC-FM will feature hours of programming documenting the profound connections of U.S. industry and finance to the fascist powers of World War II. In the decades since the end of the Second World War, much has been written about the war and fascism, the driving force behind the aggression that precipitated that conflict. Unfortunately, much of what has been said and written has failed to identify and analyze the causes, nature and methodology of fascism—German National Socialism or “Nazism” in particular. A deeper, more accurate analysis was presented in published literature, particularly volumes published during, or in the immediate aftermath of, the Second World War. . . . . Fascism (Nazism in particular) was an outgrowth of globalization and the construction of international monopolies (cartels). Key to understanding this phenomenon is analysis of the Webb-Pomerene act, legislated near the end of the First World War. A loophole in the Anti-trust legislation of 1914, it effectively legalized the formation of cartels—international monopolies—for firms that were barred from domestic monopolistic practices. Decrying what they viewed as excessive and restrictive “regulation” here in the United States, U.S.-based transnational corporations invested their profits from the industrial boom of the 1920’s abroad, primarily in Japan and Germany. This process might well be viewed as the real beginning of what is now known as “globalization.” This reinvestment of the profits of the American industrial boom of the 1920’s in Japanese and German strategic heavy industry was the capital that drove the engines of conquest that subdued both Europe and Asia during World War II. On Sunday, we will highlight the American-German industrial axis and its various manifestations. On Monday, we will explore the American-Japanese industrial axis.


Krugmenistan vs Trumplandia: Backflipping into a Depression

In this return to Krugmenistan we’re going to return at a topic everyone loves: Federal Reserve interest rate policies. Yay! If that sounds boring, note that we’re specifically going to examine Donald Trump’s plans for the Federal Reserve so it’s guaranteed to be crazy. And ominous. Does that sound boring? How about plans to intentionally collapse the economy for no discernible reason. Does that sound boring? No, this is Donald Trump’s policies we’re talking about. It’s anything but boring. Or sane.