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...Category Archives: Banking industry
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?
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...