Yet More AI Bubble Worries, Now on Debt Side, with Wall Street Journal Featuring AI Datacenter Borrowing “Frenzy”
Peeling back another layer of the AI onion, today on datacenter financing.
Read more...Category Archives: Banking industry
Social Reuse of Seized Assets
The Taxcast goes to West Yorkshire in the North of England to see social reuse of seized assets in action.
Read more...Why Trump’s 50 Year Mortgage Scheme Is an Even Worse Idea Than You Imagined
The Trump/Pulte 50 year mortgage scheme is indeed really bad even before getting to the fact that it would probably increase home prices.
Read more...Wall Street Journal Insults Reader Intelligence, Depicts Lenders as Addressing Loan Risks When That Horse Has Left the Barn and Is in the Next County
The Wall Street Journal does its readers no favors in its whole-hog adoption of the fraud spin in ‘splaining high profile loan losses.
Read more...Financial Institution Leaders Issue More Warnings of Equity Market Froth, Dodgy Debt Bombs
Financial firm heads are making admissions against interest. Further discussion of apparent and potential risks.
Read more...Ten Reasons Why Trump Should Never Be Awarded the Nobel Peace Prize
Sadly, due to Trump’s relentless and bogus self-promotion as a peacemaker deserving of the Nobel Prize, debunking is in order.
Read more...Quelle Surprise! Advanced Nations Stymie Governance Reforms at World Bank Intended to Increase Influence of Global Majority
More than a decade of stalled Wrold Bank shareholding reforms illustrate how geopolitical rivalries undermine the push for multipolarity
Read more...Satyajit Das: Stablecoins – Invention Looking For A Problem?
Satyajit Das sets forth the very strong case against stablecoin.
Read more...Wall Street’s Deregulation Agenda Will Cost Everyday Americans Everything
Trump administration financial deregulation, eliminating services and eviscerating oversight and enforcement, sets people up for harm
Read more...Banks Can’t Survive Climate Change
Richard Murphy argues a massive banking collapse is coming — and the cause isn’t speculation this time. It’s climate change.
Read more...Milton Friedman: From Modern Monetary Theory to Monetarism
How Milton Friedman was an advocate of functional finance, the precursor to Monetary Monetary Theory before he wasn’t.
Read more...Stablecoins Could Crash Our Economy
Finance loves to dress old risks in new language and call them innovation.
Read more...Fed Governor Lisa Cook v. Trump: “That Mortgage Document Doesn’t Say What You Think It Says”
More on the holes in the Trump allegations that Fed governor Lisa Cook committed mortgage fraud.
Read more...Michael Hudson: How Lenders Sought and Got Power in the Roman Era and Helped Legitimate Later Rentierism
Michael Hudson recaps the long history of limits on lenders’ rights for the benefit of society and how the Roman era was an inflection point
Read more...Trump’s Impact on the Financial Sector and Global Dollar System
A wide-ranging review of how unccordinated Trump policies undermine the dollar and the international banking system, and even each other.
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