Andy Robinson

La nueva ministra de cultura @PaolaHolguin con los narcotraficantes Pablo escobar y su padre el también narcotraficante Frank Holguín.

Reportaje sobre "tarifaço" con input de Thiago Rodrigues @DefenseAmericas, @OliverStuenkel, @PauloAbrao, Carlos Pinkusfled (UFRJ), Mayra Goulart (UFF), Alex Hoffman @PagBrasil

Con el “arancelazo” anti Lula, Trump busca inducir otra victoria electoral en Suramérica lavanguardia.com/internacional/…

La Vanguardia: "Doctrina shock en Venezuela" lavanguardia.com/internacional/…

Con lechuga incluida esdiario.com/comunidad-vale…

Gracias a Luisi Salas, y amigos venezolanos sin agenda por publicar esto kunawaro.alwaysdata.net/dmr/index.php?…

La lechuga de Taco Bell es el origen de la epidemia de ciclosporas —síntomas: dolor estomacal, diarrea explosiva— en EE.UU.: ¿Por qué se permite la expansión tan agresiva de Taco Bell en Madrid? cdc.gov/cyclosporiasis…

Nueva doctrina shock en Venezuela lavanguardia.com/internacional/…

Yes, Branko, but because it would politically disruptive (and bad for the global economy) if Europe were also to compress wages and transfers by enough to regain competitiveness, the alternative for Europe is to intervene in its external accounts for the purpose of reversing the advantage enjoyed by economies that compete by suppressing household income. This was what Joan Robinson warned about. In a global economy in which some economies are relatively open, while others intervene to increase their competitiveness, the persistent surpluses of the latter will eventually force the former themselves to intervene, at the cost of global trade. Michael Kalecki made a similar point. He showed that if a country suppresses wages relative to productivity, household consumption tends to weaken. The country can nevertheless maintain high production if the resulting shortfall in consumption is offset either by higher investment (as was the case in China in the 1990s and during the final stage of the housing bubble in the 2010s) or by a trade surplus. The problem he noted, is that this only works if some countries do it. In an open trading environment, if my wages are lower (relative to productivity) than yours, my products will be more competitive, and I can grow faster by absorbing part of your demand (leaving you to choose between growing more quickly or boosting domestic demand with more debt). But this only works as long as you don't reduce your own wages relative to your own productivity. If we both do it, we are collectively worse off because, as Kalecki argued, it is wages that drive demand which, in turn, drives business profits (and growth). The key point is that if a country can reduce the prices of its manufacturing goods across the board by suppressing wages and subsidizing production, its lower prices are not evidence of greater efficiency. They are mostly evidence of the extent to which workers and the financial system are subsidizing prices. On the other hand, if – consistent with comparative advantage – some of its goods are relatively cheaper while others relative more expensive, and these are exchanged through trade, then you might be able to argue that it produced the former goods more efficiently while its trade partner produced the latter more efficiently. michaelpettis858496.substack.com/p/comparative-…

Publicidad cuasi fascista de Betano, la compañía de apuestas online, que es patrocinador del Mundial

600 edificios, en su mayoría privados, se derrumban en el terremoto de Venezuela; el New York Times culpa a las viviendas públicas chavistas de la tragedia open.substack.com/pub/andy119/p/…

My critique of this New York Times coverage of earthquake nytimes.com/2026/07/12/wor… open.substack.com/pub/andy119/p/…

New York Times centra su artículo en viviendas públicas colapsadas; pese a que mas de 600 edificios se desplomaron, la mayoría privados. Existe “una campaña destinada a culpar al programa Misión Vivienda, responsable de la construcción de cinco millones de viviendas, de los colapsos y de las muertes, pese a que equivalgan a solo el 2,16% de los edificios colapsados”, afirma el economista Luis Salas en su blog.nytimes.com/2026/07/12/wor…

Más trabajo para el bufete De la Espriella Lawyers Some officials believe the Justice Department wants to use Mr. Saab to strengthen the case against Mr. Maduro, who has been charged with various drug trafficking crimes. How Marco Rubio Is Running Venezuela From Afar nytimes.com/2026/07/11/us/…