Michael Olenick: The Real Origins of Trump – The Foreclosure Crisis
The foreclosure crisis was a key element of Trump’s win in 2016, yet the Democrats are still in denial about its costs.
Read more...The foreclosure crisis was a key element of Trump’s win in 2016, yet the Democrats are still in denial about its costs.
Read more...Citi’s latest run-in with regulators shows why comparing big banks “too big/complex to fail” problems to those of Big Tech is all wet.
Read more...Trump is back to his usual self-destructive form.
Read more...Abolitionist Lewis Tappan, the inventor of credit bureaus, would be distressed to see how his creation is being put to use.
Read more...Another tour de force by Michael Hudson, this one stressing the role of unproductive real estate in modern debt bondage and Trump’s MMT.
Read more...Richard Vague, who has studied financial crises, has honed in on the destructive impact of private debt and the need for debt jubilees.
Read more...How immient is a bust in private equity related debt?
Read more...Like master illusionists, bank accountants conceal losses from federal regulators, putting the whole economy at risk
Read more...Households and businesses are overloaded with debt. Richard Vague offers a set of proposals for how to restructure it.
Read more...Thomas Frank explains why populist campaigners face such a hostile environment now.
Read more...The coronavirus’ effect has been to help defeat the financial sector’s enemy, governments strong enough to regulate it.
Read more...Jan Kregel explains the fundamental problem with the economic system is its focus on providing finance to investors.
Read more...Political scientist Tom Ferguson juxtaposes the factions around Biden with how Roosevelt eventually stared down banks and corporatists in the second phase of the New Deal
Read more...A short primer on banks from a Modern Monetary Theory perspective.
Read more...CalPERS made damaging statements to justify withholding information about private loans. That suggestswhat it was hiding is even worse.
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