Foreign Banks Such as Deutsche Using Variant of Lehman “Repo 105” Balance-Sheet Tarting Up Strategy
Foreign Banks Such as Deutsche Using Variant of Lehman “Repo 105” Balance-Sheet Tarting Up Strategy
Read more...Category Archives: Doomsday scenarios
Don Quijones: US Threatens UK over Brexit Vote
The spectacle of the US attempting to influence UK domestic politics through having the US Trade Representative Michael Froman issue a threat is pathetic, overreaching, and unconvincing.
Read more...Michael Hudson: How the U.S. Avoided Chronic Deflation by Relinquishing Monetary Control to Wall Street
Why finance-influenced economic policy in the US has managed to avoid deflation while in Europe, it has stoked it.
Read more...China’s Raging Bond Bubble Exposed
Yet another China risk warning.
Read more...Failure of Globalization and the Fourth Estate
“Free Trade,” the banner of Globalization, has not only wrecked the world’s economy, it has left Western Democracy in shambles.
Read more...What Could Possibly Go Wrong (Next) in the Middle East?
A look at the wreckage the US has created in the Middle East, and an assessment of the prospects.
Read more...Joe Firestone: The Platinum Coin Returns
Brookings deigns to consider the idea of minting a high-value platinum coin as an emergency solution to a debt-celing impasse.
Read more...Michael Hudson: The Paradox of Financialized Industrialization
The great question today is whether post-feudal rentier capitalism will stifle industrial capitalism instead of serving it. The aim of finance is not merely to exploit labor, but to conquer and appropriate industry, real estate and government. The result is a financial oligarchy, neither industrial capitalism nor a tendency to evolve into socialism.
Read more...Trading Away Land Rights: TPP, Investment Agreements, and the Governance of Land
The nvestment provisions in the TPP and in most bilateral investment treaties can severely limit a government’s ability to manage its land and other natural resources in the public interest.
Read more...Michael Hoexter: Should the US Federal Government Invest $4-$6 Trillion Per Year on Climate Protection? (Part 2 of 2)
Further discussion of why the excuses to do nothing or too little on the climate change front don’t hold up to serious scrutiny.
Read more...Michael Hoexter: Should the US Federal Government Invest $4-$6 Trillion Per Year on Climate Protection? (Part 1 of 2)
Why the excuses to do nothing or too little on the climate change front don’t hold up to serious scrutiny.
Read more...Mark Blyth: “Austerity Cures Nothing”
This is a bracing, no-nonsene talk from economist Mark Blyth of Brown University, who is the author of Great Transformations: Economic Ideas and Institutional Change in the Twentieth Century and Austerity: The History of a Dangerous Idea.
Read more...U.S. Climate Goals: A Reckoning
The current US lifestyle needs to go if the world is to succeed in limiting climate change.
Read more...The Financial Sector is Too Big
Has the financial sector become too large, absorbing too many resources, and enhancing instabilities?
Read more...Clinton Outdoes Tsipras in Kolotoumbas with Her Reversals on TPP, Bank Regulations
The big problem with Hillary is it is hard to believe she stands for anything other than her desire to exercise power. Her latest bout of opportunism only reinforces that notion.
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