Some updates on Ukraine, including having gotten caught in the fog of misinformation.
Read more...Russia is scrambling to deal with being shut off Visa and Mastercard.
Read more...News on the partial SWIFT cutoff for Russia was fuzzy. Despite being included, its central bank intervened in FX markets this AM. What gives?
Read more...Private equity has been a big winner thanks to a long-term trend of falling interest rates. What happens in a less favorable environment?
Read more...Sadly, finacialization is still very much with us, even though policy-makers know better by now.
Read more...Occupy the SEC is back! The small group of lawyers, bank compliance experts, and financial services industry product specialists generated an outside reputation with its highly praised, over 300 page comment letter on Dodd Frank. As Law.com wrote: In detailing how they believe the Volcker Rule can be strengthened, Occupy the SEC has written what […]
Read more...Getting out of super low interest rates and unwinding QE is proving to be easier said than done.
Read more...Yves here. Michel Hudson, in this short talk with The Saker, debunks many widespread misperceptions about the dollar, the US economy, and the prospects for fundamental change. I have only a couple of teeny quibbles and a further thought. Hudson discusses private equity buying up single family homes. While that was a very big trend […]
Read more...A rise of unfinished houses thanks to construction delays. Massive supply building up in the pipeline.
Read more...Michael Hudson’s favorite theme: why debt cancellation was a regular practice in ancient societies and what happens now that we’ve rejected it
Read more...Biden is signaling he might retreat on resuming student debt payments. But is this simply a ploy in light of the BBB brick wall?
Read more...CalPERS, which has lagged nearly all other public pension funds’ performance, is doubling down on failure by resorting to leverage.
Read more...How endowments, the supposedly best and brightest fiduciaries, are destroying value.
Read more...Not surprisingly, fintech looks like a variety of old scams in new bottles.
Read more...Foreclosure suits from the financial crisis era get a new life thanks to a ruling by a conflicted New York judge.
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