Beware Climate Finance Charade
Finance has increased, not reduced, greenhouse gas emissions. Yet the industry is bizarrely touted as part of the solution.
Read more...Finance has increased, not reduced, greenhouse gas emissions. Yet the industry is bizarrely touted as part of the solution.
Read more...Michael Hudson clears up some of the considerable confusion about what a new BRICS “currency” would amount to.
Read more...While a UK crisis is not yet brewing, there are plenty of worrisome developments that could keep moving in the wrong direction.
Read more...McKinsey’s latest payoff to avoid admiting culpability reveals some of the inherent problems with high-end management consulting.
Read more...Bank lobbyists want to weaken bank regulations even after rich stakeholders in recent “not-to-big-to-fail “bank failures were rescued.
Read more...The hyping of Ukraine rebuilding is at least as delusional as the earlier war talk.
Read more...The “liquidity” support provided by the Fed to megabanks through cross-border lending in fact acted as subsidies.
Read more...On September 15, 2008, Lehman Brothers, a giant investment bank, filed for bankruptcy. The shock was profound; world markets melted down.
Read more...We now have to pay attention to unrealized losses in the banking system.
Read more...Musings on the routes for China out of its economic problems and whether China will actually take them.
Read more...The West’s discomfort over China’s influence and economic stature is sometimes a bit too obvious.
Read more...The monetary policy of major central banks in advanced economies have had negative consequences and thus need to be fixed.
Read more...Europe faces permanent economic diminution thanks to following US sanctions But did the financial crisis pave the way for this self-sabotage?
Read more...Some thoughts on the rapid decline in operational capabilities, or why tons of people, particularly those in charge, are no good at their jobs
Read more...Russia is dialing down expectations for big BRICS developments at a late August summit.
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