Nomi Prins: My Financial Road Map for 2018
Some crystal ball gazing for 2018.
Read more...Category Archives: Banking industry
ECB Spawned Financial Dependency That’s Now Very Hard to Undo
The ECB is very eager to withdraw extraordinary support. But among others, a lot of weak banks are hooked on it.
Read more...China Fails to Woo U.S. With Financial Sector Opening
Why is the US cool about concessions from China that the US has long sought?
Read more...Meltdown and Spectre: Intel’s Seismic IT Disaster and A Look at Some Implication for Banks
A first look at the epic IT disaster of the Meltdown and Spectre “flaws”.
Read more...Selling Out Argentina’s Future—Again
How Argentina’s new neoliberal masters are driving the economy back into its old debt crisis ditch.
Read more...Amar Bhide: The Case for Traditional Banking
Amar Bhide gives a clearly-written, compelling argument against a supposed banking “innovation,” securitization.
Read more...The Year in Money
A review of money issues…and mainly not bitcoin.
Read more...Thomas Frank: Obama Chose Wall Street Over Main Street
The Democratic Party must acknowledge that the 2008 crash created conditions for much more progressive policies – but Obama did not step up.
Read more...Crowdfunding Christmas: Time to Boycott It’s a Wonderful Life
How It’s a Wonderful Life sentamentalizes and reinforces the misguided policy idea that money is scarce and a private good.
Read more...Financial Stability Regulations: A (Non) Progress Report
A survey of major financial reform initiatives finds they have been insufficient. That’s not an accident.
Read more...Debunking Mainstream Economists on Secular Stagnation and the Loanable Funds Fallacy
An important, accessible takedown of the loanable funds theory, on which a ton of bad policy rests.
Read more...The Bitcoin Bubble
As bitcoin has become a mania, it is also becoming a risk to the real economy.
Read more...Don Quijones: A New Stealth Attack in EU’s “War on Cash”
The definition of cash widens.
Read more...Germany’s Dystopian Plans for Europe: From Fantasy to Reality?
For Germany, the idea of Europeanism has allowed its elites to conceal their hegemonic project behind the veil of ‘European integration’.
Read more...House Members Tee Up Bipartisan Bill to Kill CFPB Payday Lending Rule
Bipartisan support emerges for overturn of CFPB’s payday lending rule; will this prove to be another Cordray fail?
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