ECB’s assets drop by €800 billion. Mexico hiked too today, way ahead of the Fed, keeps peso from falling against USD.
Read more...Genesis, another key block in the crypto Jenga tower, looks like it is about to be removed from the game. What might fall down as a result?
Read more...Nomi Prins warns that central banks’ strategies are destroying the real economy, worsening inequality, and creating societal chaos.
Read more...In the unlikely event you have any doubt, Sam Bankman-Fried and his merry band of FTX rogues look mighty dishonest.
Read more...The backstory of what is now arguably the most widely-used form of lending in principal terms, the mortgage.
Read more...The Bank of England engaged in a mini-coup. But no one seemed to mind because Truss. Will it be reined in?
Read more...By Conor Gallagher While incoming Italian Prime Minister Giorgia Meloni and her Brothers of Italy Party (Fdl) certainly provide plenty of nationalist and culture war sound bites, they will ultimately be forced to follow EU and NATO marching orders, or they won’t be in power very long. Now that two cabinet picks from Meloni and […]
Read more...The Bank of England has been doing less than believed to rescue the gilts market. But stil not a good look.
Read more...There seems to be no escape from looming economic and financial problems, but the officialdom will do it best to delay the reckoning.
Read more...Michael Hudson has a wide-ranging talk with Ralph Nader.
Read more...Why emerging markets look set to suffer a world of hurt.
Read more...The housing market in the US, not surprisingly, is looking pretty punky.
Read more...Michael Hudson gives a newswap with Ben Norton: student debt forgiveness, inflation, Ukraine, dollar rows, and the death of the Queen
Read more...Europe has succeeded in hurting itself to hurt Russia, to the degree that a full bore economic and financial crisis seems inevitable.
Read more...A discusson of the shortcomings of the Biden student loans foregiveness scheme.
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