The UK Vote to Leave European Union
A judicious, high level overview of the Brexit vote and its implications, the big one being that it moves Britain to the right.
Read more...Category Archives: Banking industry
Political and Financial Contagion from the Italian Banking Crisis: Italy’s Exit?
Eurocrat rigidity about half-baked, never-tested bail in rules could turn an Italian banking crisis into a full bore financial and political meltdown.
Read more...Bill Black: When Is Crime Not a Crime? When It Is White-Collar Crime
Yet another demonstration of how the media airbrushes out the very concept of white-collar crime.
Read more...Bill Black: BREXIT – Tony Blair
Tony Blair sides with the bankers and against the popular will. Quelle surprise!
Read more...Unfounded Debt Fears Block Economic Recovery
Debt scaremongering as voodoo economics.
Read more...Bill Black: The Terrible Cost to Democrats and Our Nation of Ignoring Tom Frank’s Warnings
A high level description of how Democrats and Labor sold out the working class, and how that served a narrow interests at great cost.
Read more...UK, EU Talk Past Each Other on Brexit Negotiations
The disconnect between the UK and EU over Brexit basics revealed yesterday was disconcerting.
Read more...Ethereum and Smart Contract Unicorn Woo-Woo – There Should Be a Law Against It
Why Ethereum and smart contracts don’t and will never live up to their hype.
Read more...How Brexit Threatens to Turn the UK Into “Borisland”
How the Tories and UKIP intend to use Brexit to impose permanent austerity and reduce workers’ rights.
Read more...Satyajit Das: What If Anything Does Brexit Really Signify?
An appraisal of the Brexit sound and fury.
Read more...Boris “Just Kidding” Johnson Outlines His Rainbows and Unicorns Brexit Plan
Boris Johnson is now the most hated person in the Western world.
Read more...Brexit: Fear, Loathing, and Anger on Both Sides of the Channel
Politicians in the UK and the EU are virtually at each other’s throats over Brexit.
Read more...The Sterling Depreciation of 2007-2008 and Its Implications for Brexit
The unexpected impact of the fall in sterling in 2007-2008 suggests Brexit could produce a drastic drop in UK living standards.
Read more...Brexit: The Crisis Begins
The Brexit vote was a stunning repudiation of neoliberalism and austerity. But what comes next?
Read more...Michael Hudson: Socrates on Debt and Ibn Khaldun on the Cyclical Rise and Fall of Societies
Socrates described how the use of debt by the elite to strip the lower orders of their property sets up revolutions.
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