"A tentativa de traduzir políticas nativistas em preceitos monetários ignora a natureza contemporânea do dinheiro, baseado no crédito e, muitas vezes, criado fora do território nacional." @steffenmurau.bsky.social analisa a economia e o futuro do dólar www.phenomenalworld.org/pt-br/analis...

New essay by @steffenmurau.bsky.social on Trump admin's misunderstanding of dollar hegemony—and four possible futures for the international monetary system. 1/ www.phenomenalworld.org/analysis/tru...

"The removal of the Federal Reserve swap network would be the ultimate 'chainsaw' event, on a level that Musk’s DOGE never even came close to reaching." @steffenmurau.bsky.social www.phenomenalworld.org/analysis/tru... via @phenomenalworld.bsky.social

Excellent summary of the large body of work @steffenmurau.bsky.social and colleagues have done on the Offshore (US) Dollar Syatem www.phenomenalworld.org/analysis/tru... @phenomenalworld.bsky.social Look here for the bigger body of work: steffenmurau.com/portfolio/in...

“Those who want to translate their nativist politics into monetary precepts have failed to reckon with the credit-based, offshore, nature of money today.” @steffenmurau.bsky.social on year one of Trump’s economic policy and the future of the world dollar www.phenomenalworld.org/analysis/tru...

BNDES sob o Consenso de Wall Street. As transformações do banco de desenvolvimento brasileiro em contexto de mobilização de capital para a transição verde, por Iago Montalvão www.phenomenalworld.org/pt-br/analis...

"Sob Trump, a remoção sistemática de barreiras legais e institucionais à aplicação da lei de imigração foi complementada por investimentos maciços no aparato de fiscalização. O orçamento anual faz do ICE a maior agência federal de policiamento do país" www.phenomenalworld.org/pt-br/analis...

"Sob Trump, a remoção sistemática de barreiras legais e institucionais à aplicação da lei de imigração foi complementada por investimentos maciços no aparato de fiscalização. O orçamento anual faz do ICE a maior agência federal de policiamento do país" www.phenomenalworld.org/pt-br/analis...

“The White House appears to have admitted that Beirut cannot aspire to any enduring hegemony in the South. The best it can hope for is a fragile form of domination.” Francesco Anselmetti on Southern Lebanese resistance past and present www.phenomenalworld.org/analysis/sou...

snapshots from mexico city Claudia Sheinbaum is everywhere. Sky-high approval ratings. If you haven't heard about Morena's ambitious political project and how they have "made power" this is a great essay: www.phenomenalworld.org/analysis/the...

In his new monthly installment for @phenomenalworld.bsky.social , the CWD’s Ben Fong breaks down the profitability of e-commerce and how it truly stacks up against traditional, brick-and-mortar retail. Read it here: www.phenomenalworld.org/analysis/the...

The CWD’s own Ben Fong just announced a new monthly newsletter, “Labor and Logistics” for @phenomenalworld.bsky.social ! Check it out here: www.phenomenalworld.org/series/labor...

“Unconstrained resources have thus enabled the growth of the far-right enforcement regime; reckoning with its budgetary and institutional foundations will be necessary to stop it.” www.phenomenalworld.org/analysis/enf...

“Unconstrained resources have thus enabled the growth of the far-right enforcement regime; reckoning with its budgetary and institutional foundations will be necessary to stop it.” www.phenomenalworld.org/analysis/enf...

Crise econômica, inflação de alimentos e combustíveis, fraturas no interior do bloco no poder e repressão estatal: o que está por trás da recente onda de protestos no Irã e qual o futuro da República Islâmica? www.phenomenalworld.org/pt-br/analis...

Crise econômica, inflação de alimentos e combustíveis, fraturas no interior do bloco no poder e repressão estatal: o que está por trás da recente onda de protestos no Irã e qual o futuro da República Islâmica? www.phenomenalworld.org/pt-br/analis...

“With Amazon and Walmart, it’s King Kong vs. Godzilla. Either way Tokyo’s fucked.” - Whole Foods Vice President Errol Schweizer www.phenomenalworld.org/analysis/the...

“New investments in border security allowed immigration agencies to flourish as unaccountable incubators of a hard-right agenda within DHS. This is the foundation on which the Trump administration has built.” www.phenomenalworld.org/analysis/enf...

This is fascinating! Are e-commerce (profit) expectations too high? www.phenomenalworld.org/analysis/the...

📣 My new article on Iran’s latest unrest for @phenomenalworld.bsky.social www.phenomenalworld.org/analysis/ira... Iran has witnessed another wave of unrest beginning on 28 December—the fourth major uprising since 2017. (1/5)

"The crackdown has done nothing to address the origins of the upheaval, which lie in the country’s political economy." NEW @kayhanvaladbaygi.bsky.social on the crisis in Iran www.phenomenalworld.org/analysis/ira...

…. the late Bruno Latour remarked that “Brazil is today what Spain was in 1936, during the civil war: it is where everything that will be important in the next decades is visible.” read phenomenal world in English and Portuguese! www.phenomenalworld.org/interviews/b...

Excellent analysis by Fernando Rugitsky of the background to Trump's Venezuela raid in US-China competition in Latin America. www.phenomenalworld.org/analysis/mat...

For non-UK, what's more crucial for sovereignty and geopolitical leverage, especially regarding the holdings of US assets, is the creation of a deep market for joint liabilities for a global euro. A great recent piece by the mighty @shahinvallee.bsky.social: www.phenomenalworld.org/analysis/a-g...

“The US is aware of its economic weaknesses—and seems inclined to compensate by flexing its military might. But will the return of the Monroe Doctrine be able to reorder global supply chains?” @rugitsky.bsky.social on the Donroe Doctrine www.phenomenalworld.org/es/analisis/...

“Junto con los aranceles, el control de las inversiones extranjeras y los controles a la exportación, el restablecimiento de la Doctrina Monroe podría interpretarse como un nuevo pilar de la estrategia antichina seguido desde la crisis financiera de 2008.” www.phenomenalworld.org/es/analisis/...

“A hipocrisia está em declínio; o imperialismo descarado parece estar de volta.” Leia a segunda edição da Meridional, coluna mensal de Fernando Rugitsky. www.phenomenalworld.org/pt-br/analis...

When we wrote a year ago about countries organizing "around and without" the US, we didn't realise the extent to which it was western allies that would be doing this most decisively. www.phenomenalworld.org/analysis/pol...

–––NUEVO en español––– La pieza de @michael-macher.bsky.social sobre las agencias que adelantan la campaña de Trump contra la inmigración y su nuevo poder que reside en presupuestos ilimitados y una cultura política de extrema derecha. www.phenomenalworld.org/es/analisis/...

Here’s the better long form on the “interiorization” of the border regime and the coercive side of the US empire: www.phenomenalworld.org/analysis/enf...

this is smart, thorough, and excellent

An absolutely central piece on ICE and its new enforcement regime. www.phenomenalworld.org/analysis/enf...

“New investments in border security allowed immigration agencies to flourish as unaccountable incubators of a hard-right agenda within DHS. This is the foundation on which the Trump administration has built.” www.phenomenalworld.org/analysis/enf...

"The agencies themselves laid the groundwork for this project over the previous decades, as they morphed into rogue actors with increasingly radicalized unions" @michael-macher.bsky.social on how we got here www.phenomenalworld.org/analysis/enf...

“…the shift here is not merely quantitative. The emerging enforcement regime melds federal law enforcement and other personnel into an interoperational whole, focused on mass deportations and ideological policing.” - @michael-macher.bsky.social

“Quantity to quality.” @michael-macher.bsky.social on the gradual and then sudden explosion of far-right power centers in the lavishly resourced and unaccountable immigration agencies of the Department of Homeland Security. (Charts by @yusufimaadkhan.com)

I wrote about the longstanding dynamics that produced our terrifying present for @phenomenalworld.bsky.social.

“Trump has harnessed preexisting enforcement tactics and organizational cultures to build a domestic policing omniforce—based within DHS and lavishly resourced by the One Big Beautiful Bill Act.” NEW @michael-macher.bsky.social on our era of ICE terror www.phenomenalworld.org/analysis/enf...

This is a super fascinating piece. First, a shame that Europe's great minds have to think about decoupling. Second, what Shahin's outlines all seems totally doable. The domestic political obstacles are small (domestic banks). It all just requires a crisis/trigger for concerted action.

"If Europeans are serious about growing the international role of the euro, they will need to do much more than rely on the efforts and goodwill of the ECB." preach

If you want to know what a proper agenda to boost the international role of the #euro could look like, @shahinvallee.bsky.social has written just that. www.phenomenalworld.org/analysis/a-g...

Media coverage of Mamdani’s inauguration continues to paint him as an out-of-control radical. For insightful background of material struggles behind NY City Hall, read this piece by @ceaweaver.bsky.social in @phenomenalworld.bsky.social published last October.

Escribe @shahinvallee.bsky.social sobre los pilares de un "euro global": swap lines, sistema de pagos digital, rechazar eurostablecoins privadas, eurobonos y unión del mercado de capitales. Una cosa a medio camino entre la estrategia estadounidense y la china. www.phenomenalworld.org/analysis/a-g...

Excellent piece www.phenomenalworld.org/analysis/gre...

We are extremely thrilled to announce two new monthly newsletter columns: MERIDIONAL, by Fernando Rugitsky, will cover the political economy of Latin America— LABOR & LOGISTICS, by Benjamin Fong, will look at the sprawling US logistics industry, and the workers that populate its supply chains—

We are extremely thrilled to announce two new monthly newsletter columns: MERIDIONAL, by Fernando Rugitsky, will cover the political economy of Latin America— LABOR & LOGISTICS, by Benjamin Fong, will look at the sprawling US logistics industry, and the workers that populate its supply chains—

NEW: In this moment of profound uncertainty over the global monetary order, Europe needs to move swiftly on becoming a truly global currency issuer, writes @shahinvallee.bsky.social www.phenomenalworld.org/analysis/a-g...

“In June, Christine Lagarde declared ambitions to create a ‘global euro.’ Yet at neither the European Commission, nor the Eurogroup, nor the European Council, has a real discussion about internationalization taken place.” NEW by @shahinvallee.bsky.social www.phenomenalworld.org/analysis/a-g...

Estos dos textos de @paologerbaudo.bsky.social para @phenomenalworld.bsky.social sobre la economía política del vehículo eléctrico chino. «El Estado desarrollista del vehículo eléctrico»: www.phenomenalworld.org/es/analisis/... «BYD Global»: www.phenomenalworld.org/es/analisis/...

Terrific essay. The leftist student leader turned president Gabriel Boric had a great line—”Chile was the cradle of neoliberalism, it wI’ll also be its tomb.” Statist experiments in copper, lithium and green hydrogen… how are they going? What can others learn? www.phenomenalworld.org/analysis/lit...