Category Archives: Doomsday scenarios

The Bank of International Settlement’s Claudio Borio, Who Warned About the Crisis, Says the World Economy Is About to Get Very Sick

BIS chief economist Claudio Borio warns that central bankers have overdone the liquidity party, and investors are not being paid enough to take ris

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Michael Hudson: The Lehman 10th Anniversary Spin as a Teachable Moment

Why you should take conventional wisdom about the Lehman collapse and the crisis with a fistful of salt.

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Anticipatory Unease: A Visit to the Coastal Maine Botanical Gardens

By Lambert Strether of Corrente. During Naked Capitalism’s comment holiday, Yves and I also visited the Coastal Maine Botanical Gardens (CMBG), “Maine’s Premier Botanical Garden,” which it is! From their site: In just ten short years, Coastal Maine Botanical Gardens has become one of the largest public gardens in the country, ranking among the top […]

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Double Whammy: Implicit Subsidies and the Great Financial Crisis

Follow the subsidies, and you will understand why we had the crisis and why not enough has been done to prevent a recurrence.

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