After Distancing Herself From Bill Clinton’s Economic Policies, Hillary Wants Him as Mr. Economic Fix It
Like the Bourbons, the Clintons appear to have learned nothing and forgotten nothing.
Read more...Category Archives: Banking industry
Money and Banking – Financial Crises
The mechanics of financial crises and how an economy gets there.
Read more...Inflation Targeting and Neoliberalism, Part 2
Why inflation targeting is a destructive practice.
Read more...Satyajit Das: “Stay in the Name of Reform” – The Fed and ISDA’s Derivative Bankruptcy Initiative
Why a proposal to “stay” derivatives termination in the event of bank bankruptcy is inconsequential and avoids bigger questions about the use of derivatives and failure to rein in risks in this market.
Read more...Michael Hudson: Warning to Europe – How the TTIP Threatens Public Health Care and Pensions
Why the TTIP poses a wide-ranging threat to European health and pension policies.
Read more...Inflation Targeting and Neoliberalism
An interview on inflation targeting and its implications.
Read more...“John Doe’s Manifesto”: Panama Papers Source Blasts Lack of Media Interest, Calls for Prosecutions, Whistleblower Protection
Martha r flagged a new story at Suddeusche Zeitung from “John Doe,” the source for the Mossack Fonseca revelations, on what he intended to accomplish and what he feels needs to be done. I’m posting on his manifesto to encourage you to read it in full and circulate it. The whistleblower, John Doe, states his […]
Read more...Don Quijones: Wrath of Draghi Hits Germans Who Refuse to Blow Their Savings
Draghi plans to beat savers until morale improves.
Read more...Nomi Prins: Gimme Shelter (From the Tax Man), Disappearing Money and Opportunistic Candidate
It should come as no surprise that none of the mainstream Presidential candidates stack up well on the issues of tax avoidance and evasion.
Read more...Lessons from Iceland, Where Offshore Created an Onshore Bubble Free of Rules and Regulations
In Iceland, the rapid growth of offshore, meaning tax evasion, along with harmful, even criminal, practices produced a massive boom and bust.
Read more...Consumer Financial Protection Bureau to Put End to Mandatory Arbitration for Consumer Loans, Credit Cards
Ding, dong, the witch of mandatory arbitration is (on its way to being) dead.
Read more...Randy Wray: Progressives Don’t Let Friends Vote Neocon
If you take a hard look at Clinton’s neocon policies, it’s far from obvious that she’s a less dangerous Presidential pick than Trump.
Read more...Will Clinton Attempt to Bring Sanders Supporters into the Democratic Fold?
“Sanders will be ignored and shunned.” Will be? This has been the game from the outset.
Read more...Michael Hudson: The Wall Street Economy is Draining the Real Economy
How Wall Street is interjecting itself into the economy so that more and more is diverted to pay interest, insurance and rent.
Read more...So Which Eurobank is Having Dollar Funding Problems?
Which Eurobank has led the ECB to tap its dollar swap line with the Fed?
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