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Thursday, October 18, 2018
Posted by Yves Smith at 9:20 pm |
Today’s Water Cooler: China trade, a Trump rally script, dogs playing poker, Warren Cherokee debacle, women veteran candidates, Senate and House, shareholders want Zuckerberg out, Sears, Instagram, Canadian cannabis, law and economics, the circus
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm |
The International Use of the Euro: What Can We Learn From Past Examples of Currency Internationalisation?
European leaders have regularly expressed a desire for a European currency to serve as a reserve currency. The history of the transition from sterling to dollar and Europe’s aspirations sheds light on whether the Euro can assume this role.
Posted by Yves Smith at 6:55 am |
Why Naked Capitalism needs you.
The remarkable tale of the biggest private equity fund insolvency evah, Abraaj.
Clearing up a widespread misperception about tax.
Trump is abandoning coal industry subsidies after running into a buzz saw of opposition.
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Posted by Yves Smith at 4:38 pm |
Today’s Water Cooler: Currency practices, Pelosi’s plans, polarized electorate, Georgia Governor, Iowa, minority rule, industrial production, housing market, gold, apparel, water in Latin America, #MeToo, the police and protest, Melvyn Bragg, dogs
Bankruptcy can only restructure debts; it cannot revive Sears’ mutilated brands and bring back mauled customers.
Why CalPERS’ fall from being a sophisticated player and force for reform is an important lesson.
Don’t kid yourself that the current relative calm on the Brexit front is a good thing.
Very sobering news on the insect front. Species die-off is progressing faster than you probably thought.