David Fields

Classical-Keynesian Institutionalist Political Economist @MonetaryBlog | @RealProgressUS | @utahvanguard

[David Fields @ProfDavidFields]

The Fed held today. It will probably hold again or may lower rates….the question that its sterile communiqués will never concretely answer is: for whom? But, that’s the point.

Yours truly, @utahvanguard https://t.co/b8PoGX4t4p

[David Fields @ProfDavidFields]

@NakedKeynes 💯

[Tony Pakistani Irani۔ 🇵🇰 🇮🇷 @ghost_yar]

سوڈان میں متحدہ عرب امارت کی چھیڑی ہوئی خانہ جنگی کی وجہ سے شدید قحط پڑ گیا ہے جس سے بچے متاثر ہو رہے ہیں
ان کے لیے آواز اٹھائیں تاکہ دنیا اور اقوام متحدہ ان کی مدد کر سکے

[George Galloway @georgegalloway]

They love abusing children

[Jvnior @Jvnior]

WATCH: IDF soldiers film themselves bombing down children for fun at the beach.

History will forever remember these demons.

[Mohamad Safa @mhdksafa]

Lebanon is the second most-documented genocide in history after Palestine, yet the most denied.

[Power to the People ☭🕊 @ProudSocialist]

The people of Albania are not messing around and are not going to allow their country to be sold off to Israel, Ivanka Trump, or Jared Kushner. This is what class consciousness looks like, and it is a beautiful thing!

[UAW Local 7902 @UAW7902]

"The New School chapter of @aaup condemned what it described as “a major gutting of our full-time faculty body” . . . saying that no explanation had been provided for why certain jobs were cut.:
https://t.co/PRErj2uYbA | @UAWRegion9A

[Rakesh Kumar @Rakeshhkumaar]

Every strike is a reminder that the economy runs on labor, not billionaires.

[Matías Vernengo @NakedKeynes]

Slobodian's review of Chokepoints raises some questions about the vulnerabilities of the US, and self-reinforcing weakness of hegemons. But he misses that chokepoints can reinforce power. A few thoughts on the resilience of American hegemony /1 https://t.co/Kgq5AuDWYD

[David Fields @ProfDavidFields]

This is not indicative of a decline of dollar hegemony, but rather a particular strategy by countries to leverage their currencies for more dollars.

[Financial Times @FT]

Gold has overtaken US government bonds as the world’s top reserve asset. The shift reflects an attempt by many countries to seek alternatives to the US dollar, the world’s de facto reserve currency https://t.co/h3NnirICcS

[BreakThrough News @BTnewsroom]

Thousands of Colombian youth marched through Bogotá on Monday — one day after Colombia’s closely contested first-round presidential vote — in support of left-wing presidential candidate Iván Cepeda.

Cepeda is running against Trump-backed right-wing candidate Abelardo de la Espriella. A runoff election is scheduled for June 21.

[Antifa_Ultras @ultras_antifaa]

#Netherlands — Police attacked Vrije Universiteit students who were holding a demonstration in solidarity with Palestine.

[Compute The Resistance™️🍉 @MixtUpMixy]

EVERY FUCKING DAY ISRAEL MASS MURDERS MORE PALESTINIAN CHILDREN

WHAT THE FUCK IS WRONG WITH YOU ALL???

WHY IS THIS ALLOWED TO CONTINUE? WHY ARE YOU LETTING THIS HAPPEN???

[Mohamad Safa @mhdksafa]

Lebanon is being ethnically cleansed in real time. We told you they wouldn't stop with Gaza

[Al Jazeera English @AJEnglish]

This Palestinian boy in Gaza broke down in tears after his glasses were damaged. Amid Israel’s genocidal war on Gaza and blockade on the entry of supplies, it may be impossible for him to replace the glasses.

[Jason Hickel @jasonhickel]

This is a really striking paper. It shows that vehicles "Made in Germany" are mostly not made in Germany at all. 

Only 46% of the labour that goes into producing "Made in Germany" vehicles occurs in Germany. The majority of the labour is performed elsewhere (with wages as low as one-fifth the level), and the majority of the emissions occur elsewhere, but the value is disproportionately captured in Germany.

The paper was led by our colleague Laura Pérez-Sánchez at ICTA.
https://t.co/HrGLgvwszN

[Jostein Hauge @haugejostein]

According to data from the World Bank, the share of the population living in extreme poverty ($3/day PPP) is now higher in the United States than in China.

[Al Jazeera English @AJEnglish]

Labour unions and student groups protested in Valparaiso as Chilean President Jose Antonio Kast delivered his first State of the Nation address.

Demonstrators clashed with police, accusing his government of undermining public healthcare, education and social rights.