An important suit taking aim at the extensive misconduct of Deutsche Bank executives and board members is grinding its way through court.
Read more...The causes for concern surrounding Italy are growing, even as the ECB keeps a tight lid on its bond yields, pushing its debt servicing costs lower as its debt explodes higher.
Read more...Pelosi doubles down on Team Dem’s loyalty to Big Finance.
Read more...Harvard’s Greg Mankiw is taken to task by Serious Economist Peter Bofinger for some major howlers in Mankiw’s textbooks.
Read more...An in-depth discussion of financial capitalism versus earlier models and the Chinese and Russian approach, with a focus on the role of rent.
Read more...Michael Hudson discusses the chokehold of pro-finance, pro-rentier capitalism reaching into the present COVID-19 crisis.
Read more...Larry Summers is at it again.
Read more...More on “Whither China?”
Read more...The City’s vast financial services sector benefited hugely from the creation of the euro. Now, a large part of that business is at risk.
Read more...Money, lending, government spending, QE….all explained in one tidy post!
Read more...Steve Keen and Micheal Hudson provide a deep dive on a debt jubilee, and how it could be implemented in a Covid-afflicted economy.
Read more...The Democrats will soon decide which campaign promises will be ignored or walked back. Sandernistas, brace yourselves.
Read more...As Banco Sabadell’s disastrous acquisition of UK TSB has shown, a bank merger can founder due to botched IT integration.
Read more...A fresh wave of bank failures and mergers are set to trigger a new round of consolidation of the Eurozone’s banking system
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