Category Archives: Banking industry

Quelle Surprise! Bank Too Big to Fail Problem Not Solved as Lobbyists Scheme to Make It Worse

Bank lobbyists want to weaken bank regulations even after rich stakeholders in recent “not-to-big-to-fail “bank failures were rescued.

The Coming Ukraine Collapse and the “Rebuilding” Headfake

The hyping of Ukraine rebuilding is at least as delusional as the earlier war talk.

How the Fed Created the Post-2008 Global Safety Net for Banks

The “liquidity” support provided by the Fed to megabanks through cross-border lending in fact acted as subsidies.

The Lehman Disaster and Why It Matters Today

On September 15, 2008, Lehman Brothers, a giant investment bank, filed for bankruptcy. The shock was profound; world markets melted down.

“Unrealized Losses” on Securities Held by Banks, Oh Dearie, the Whole Schmear: +8%, to $558 Billion

We now have to pay attention to unrealized losses in the banking system.

Hoisted from Comments: China’s Unsustainable, Unbalanced Growth Model and Its Current Economic Wobbles

Musings on the routes for China out of its economic problems and whether China will actually take them.

China Schizophrenia: Jake Sullivan Makes Demands, Press Fulminates Its Ambitions as While Overhyping Current Economic Wobbles

The West’s discomfort over China’s influence and economic stature is sometimes a bit too obvious.

How to Fix Monetary Policy in Advanced Countries

The monetary policy of major central banks in advanced economies have had negative consequences and thus need to be fixed.

The Overlooked Role of the Financial Crisis in the Subjugation of Europe

Europe faces permanent economic diminution thanks to following US sanctions But did the financial crisis pave the way for this self-sabotage?

More on the Collapse of Operational Capabilities in the West: How Did We Get Here

Some thoughts on the rapid decline in operational capabilities, or why tons of people, particularly those in charge, are no good at their jobs

Russia Is Finally Correcting False Perceptions of BRICS

Russia is dialing down expectations for big BRICS developments at a late August summit.

As the Ukraine War Drags On, It’s Time to Reassess the Impacts of Sanctions

The bundle of sanctions was initially designed and imposed in haste, with little basis to assess historic performance.

Two Overlapping Takes on Inflation

MMT backer Richard Murphy and London finance organ City A.M. have surprisingly simliar views on the causes of inflation but differ on remedies

Central Banks and Income Distribution: Does the Taylor Rule Push Up Rentier Incomes?

An explanation of how a favorite Fed rate setting tool, the Taylor Rule, promotes inequality by shifting income away from workers.

Alt-Media Is in Shock After the BRICS Bank Confirmed That It Complies with Western Sanctions

Andrew Korybko explains why the BRICS won’t move as quickly on the new reserve currency projects as enthusiasts suggest.