Hope to See You at Our San Francisco Meetup Today
Hope you can make our meetup today.
Read more...Author Archives: Yves Smith
Welcome Jerri-Lynn Scofield to Naked Capitalism!
Jerri-Lynn Scofield joins Naked Capitalism as a guest writer and site DJ.
Read more...How the Fed Promoted “Financial Dominance” and Shadow Banking by Promoting Repo
Yves here. This is a very important post, and sadly I’m not providing it with the introduction and commentary it warrants because I am scrambling to get organized to get out of town. By Daniela Gabor is associate professor in economics at the University of the West of England, Bristol. Originally published at the Institute […]
Read more...Hot Money and Financial Activity in Commodity Exporters
A new World Bank paper looks at the interaction between commodity prices and commodity exporters. It’s a story about hot money.
Read more...Links 8/12/16
Big Wall Street Firms Make Lame Excuse for Volcker Rule Non-Compliance, Ask for Additional Five Year Extension
Big Wall Street firms like Goldman and Morgan Stanley offer “dog ate my homework” excuses for failure to comply with the Volcker Rule.
Read more...Central Banks Pushing on Strings Again
More proof that central banks have lost the plot.
Read more...Don’t Miss Our San Francisco Meetup This Sunday, August 14
If you are in or near the Bay Area, hope to see you at our meetup this Sunday!
Read more...William Astore: Why Do Military Professionals Remain Silent About America’s Disastrous Wars?
Why is there so little domestic criticism of U.S. foreign policy and its disastrous wars and so little military dissent in particular?
Read more...The Strange Fate of Economists’ Interest in Collective Decision-Making
How economists studied collective decision-making after World War II, faced many impossibilities, and lost interest after solving them.
Read more...Links 8/11/16
Wolf Richter: Declining Productivity Bodes Ill for Growth and Jobs
Why worries about falling US productivity are well-founded.
Read more...Bill Black: Thomas Friedman – Deregulation Makes Banking Safe
Thomas Friedman, who needs to be renamed “Wrong Way Friedman,” tries peddling the canard that deregulation is a plus for bank stability.
Read more...Private Equity’s Latest Con: Using Fund-Level Borrowing to Juice Reported Returns While Increasing Investor, and Even Systemic, Risk
How subscription line financing flatters private equity’s reported returns while greatly increasing investor risk.
Read more...Austria: A Case Study of How Offshoring Lowered Growth
Austria illustrates that over time, offshoring reduces the skill levels of domestic workers and even organizations.
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