Youtube has the video Dr. Fadhel Kaboub – Climate Change, Climate Reparations & MMT.

Great and powerful presentation. Fadhel Kaboub presentations are always good, but I think this one has outdone previous presentations.

Fadhel is sticking to his explanation of the 1970s inflation. There is nothing untrue about what he says, but I think he leaves out the important driver. The driver was the USA trying to wage the Vietnam war without changing the civilian economy to account for the resources necessary to support the war effort. This failure on the part of Lyndon Johnson is the opposite of what we did for WW II, so eloquently described by Fadhel Kaboub. Not contrasting the two behaviors is an opportunity missed when Fadhel focuses on the unrest in the Middle East. The unrest in the Middle East was partially caused by Lyndon Johnson’s inflation.

Break Through News has the episode How Russia’s War In Ukraine Is Playing Out Inside Russia, w/ Prof. Boris Kagarlitsky.

After weeks of sky-high tension, ambiguity and threats, the Russian military crossed into Ukraine and the country’s eight year civil war became a war between two post-soviet armies.

While the extent of Putin’s goals in the war are unclear, Western countries have been supplying the Ukrainian military with weapons, launched a brutal economic war on Russia, and will support a NATO-backed insurgency against the Russian military. Once war starts, forces are unleashed which can’t easily be contained, dynamics emerge which were unpredicted and the more outside players intervene the longer and bloodier the battles will be.

Why did Russia invade Ukraine? How is it impacting Russia domestically? And what comes next? To understand how we got here and what to expect, Rania Khalek spoke to Boris Kagarlitsky, a Marxist professor at the Moscow Higher School for Social and Economic Sciences, and the editor of YouTube channel and web journal Rabkor, which you can follow here:

Besides the kidding around, I think there are practical and realistic insights here.