Noam Chomsky: How Imperial Violence Backfires – Lessons from the Middle East
How American intervention in the Middle East has produced a counterproductive cycle of violence.
Read more...Category Archives: Doomsday scenarios
Germany Blinks on Giving Debt Relief to Greece….or Did It?
Despite press reports to the contrary, in this year’s game of chicken over the Greek bailout, it looks like the IMF, and not Germany, blinked.
Read more...Noam Chomsky: American Power Under Pressure
Seeing states as the vehicle for projecting power is dated, particularly as far as understanding America’s position is concerned.
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...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...Nuland Tells Cyprus To Cut Russian Ties – Pressures Anastasiades To Accept Nato Plan For Turkish Troops In Cyprus
Victoria Nuland is leading a US effort to pressure Cyprus to accept a secret NATO plan to keep Turkish forces on the island.
Read more...Inequality Kills: Top 1% Lives 15 Years Longer Than the Poorest
Inequality kills, as the death gap between the richest and poorest rises to 15 years in the US.
Read more...Mania in Private Equity as Investors Throw Money at Funds
Private equity investors are throwing caution to the wind as even more money chases funds.
Read more...Trade Costs of Border Controls in the Schengen Area
Granular analysis of the cost of imposing border controls along refugee routes versus ending the Schengen system, as well as who has the most to lose.
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?
Read more...Watch Bill Clinton, Larry Summers, and Phil Gramm Have a Love Fest Over Repeal of Glass Steagall
Watch Bill Clinton heart financiers in 1998 and try to take it back in 2013.
Read more...Should Banks Be Worried About Apple Pay?
Will Apple Pay eat retail payment systems?
Read more...Tom Engelhardt: Donald Trump – Campaigning on America’s Decline
Trump’s campaign is proof of America’s decline….but not in the way you think.
Read more...Italy’s Atlas Bank Bailout Fund: The Shareholder of Last Resort
By Silvia Merler, former Economic Analyst in DG Economic and Financial Affairs of the European Commission (ECFIN) and an affiliate fellow at Bruegel. Cross-posted from Bruegel. In Greek mythology, Atlas the Titan was condemned by Zeus to eternally hold the weight of the sky on his shoulders. A mythological struggle that has recently made the […]
Read more...Will the Upheaval in Fossil Fuel Industry Take the Rest of the Economy Down With It?
What are the broader implications of the tsuris in the fossil fuel industry?
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