Concerns are building over the extent of leveraged lending, among regulators and politicians and the private sector alike. Some, such as Sen. Elizabeth Warren see troubling signs that recall risks that triggered the Great Financial Crisis.
Sunday, November 18, 2018
The IMF is back again, flexing its muscle in Argentina and Mexico, pushing the neoliberal Washington Consensus, says Vijay Prashad in this Real News Network interview.
Hope you can join our Birmingham meetup!
Posted by Yves Smith at 1:29 am |
Posted by Yves Smith at 6:59 am |
Labour wants to play a game of chicken with May over Brexit.
Politicizing the SWIFT payments system is leading other nations to the search for alternatives to the dollar.
How a reader documenting a horse dump problem in Chicago’s Loop led to a clean-up.
By Lambert Strether of Corrente. Readers, sorry for the “late” post. My habit is to set my clock a little ahead, as a lash and a spur to actually press the submit button by deadline, but the Mac’s latest OS seems to get huffy if my time is set “incorrectly,” and so I accidentally reset […]
Until 2008, rising home values gave the middle class a cushion amid growing income inequality. But following the financial crisis, that wealth has failed to return.
Everything You Thought You Knew About Western Civilization Is Wrong: A Review of Michael Hudson’s New Book, And Forgive Them Their Debts
Why debt unforgiveness is the original and incurable curse on our post-eighth-century-B.C. Western Civilization,
More evidence that Amazon is nasty.
CalPERS Abandons One Part of Private Equity Scheme, Lies About the Rest, but Addled Business Press Continues to Get the Story Wrong
CalPERS is flailing about with its private equity “new business model.”
Hope to see you folks in the Birmingham area next week at our meetup.
Posted by Yves Smith at 10:09 pm |
Today’s Water Cooler: Greens, Congressional Black Caucus, ME-02, suburban Democrats, fascism, retail sales, manufacturing, import and export, inventories, Amazon, Blue Apron, Uber, Goldman, Royal Bank of Scotland, PG&E, American music, asphalt