Bad Bank Proposal for India: A Partial Jubilee Financed by Zero Coupon Perpetual Bonds
A proposal for a partial jubilee as a way to clean up banks overburdened with bad loans.
Read more...Author Archives: Yves Smith
Persuasion: An Introduction
Understanding the drivers of persuasion and other influence techniques.
Read more...Your Humble Blogger Is Harassed for Being Injured
Your humble blogger had a bad day.
Read more...Links 3/12/17
Debunking 5 Myths About Frexit
A skeptical look a Frexit, meaning France exiting the Eurozone.
Read more...Campaign Calls on Bernie Sanders to Lead a New Party
With the Democrats getting their claws into reform efforts like Our Revolution, is a Sanders-led party the most viable route for change?
Read more...Links 3/11/17
Deutsche Bank Tries to Stay Alive
Deutsche Bank is still walking wounded.
Read more...John Helmer: Australian Government Trips Up Ukrainian Court Claim of MH17 as Terrorism
Australia officially deems MH17 terrorism charges as “not proven”.
Read more...Why a 400-Year Program of Modernist Thinking is Exploding
Eurocentric modernism is not compatible with human civilization and is finally reaching its breaking point.
Read more...Links 3/10/17
Why It Will Take a Lot More Than a Smartphone to Get the Sharing Economy Started
A look a sharing versus “sharing economy” hucksterism.
Read more...CalPERS’ General Counsel Railroads Board on Fiduciary Counsel Selection
CalPERS’ general counsel is upping his power grab with the board’s selection of its fiduciary counsel.
Read more...Another Somalian Famine
On lack of intervention and even much reporting on famine in Somalia, the worst in the 21st century.
Read more...Michael Hudson: Retirement? What Social Obligation?
How neoliberals have rewritten the social contract around retirement.
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