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...Category Archives: Banking industry
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?
Read more...Don Quijones: Could Italy’s Banking Crisis Drag Down Mario Draghi?
Mario Draghi was governor of Italy’s central bank from 2005 to 2011, overseeing the now very sick banking system. Will his past haunt him?
Read more...More Brexit Delusion: May’s “Exit Tab” Surprise, Davis’ City Scheme v. More Customs Alarms, Tech Brexodus
Yet more sobering Brexit sightings.
Read more...Trump Gets Chance to Reshape CFPB
Trump will soon name a replacement for CFPB director Richard Cordray; rule-making and enforcement priorities will become more bank-friendly.
Read more...Don Quijones: The Next Italian Bank Threatens to Topple
Health of Italian banks remains fragile, with several teettering; resolution or taxpayer-funded bailout appears increasingly likely.
Read more...Artificial Intelligence and the Stability of Markets
AI may revolutionise risk management and financial supervision, but also threatens to destabilise markets and increase systemic risk.
Read more...Nomi Prins: Steven Mnuchin, Foreclosure King of America
A summary of the many reasons to view Treasury Secretary Steve Mnuchin with contempt.
Read more...New EPA Lawsuit Policy Advances Trump’s Deregulatory Agenda
Trump deregulatory agenda advances, via agency decisions, and a new EPA lawsuit policy to stymie regulation by litigation.
Read more...The Nation Depicts a Mortgage Vulture Who Foreclosed on Homeowners as an FDR-Like Hero To Demonize Chase When It Was Actually Helping Homeowners
The Nation and author David Dayen lionize a mortgage vulture, telling a story as wrong as it is possible to be in its thesis and details.
Read more...Falling Pound Might Not Bring UK Trade Balance Boost
More confirmation that a cheaper pound won’t help the UK’s trade balance.
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