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...Category Archives: Banking industry
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.
Read more...Satyajit Das: Weakening Bank Regulations Will Make the Next Financial Crisis Worse
Pressured by banks, US and European officials are loosening regulations to prevent another 2008 which will have predictable consequences
Read more...The New Currency War: US Stablecoin-China Digital Yuan Rivalry as a Test of Monetary Discipline
How the US stablecoin/digital yuan arms race creates instability risks and undermines monetary sovereignity around the world.
Read more...Tucker Slams Predatory Buy Now, Pay Later Loans as the Economist Celebrates This New Debt Slavery Device
A relatively new financial product, buy now pay later loans, is deepening the misery of already over-extended Americans, especially Gen Z
Read more...“Could 2008 Happen Again?”
Private debt levels, particularly for real estate, look evocative of the 2008 crisis. But how is a rerun likely to differ?
Read more...Michael Hudson: From Babylon to Wall Street – How Bankers Make You Poor
A wide-ranging historical discussion with Michael Hudson, tracing the destructive rise the power of lenders from ancient times to today.
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