Deutsche Bank Tries to Stay Alive
Deutsche Bank is still walking wounded.
Read more...Category Archives: Doomsday scenarios
Why a 400-Year Program of Modernist Thinking is Exploding
Eurocentric modernism is not compatible with human civilization and is finally reaching its breaking point.
Read more...Brexit: More on the UK’s Weak Hand
Yet more debunking of pro-Brexit fantasies.
Read more...America’s Hidden Water Affordability Crisis
Why water is a stealth crisis in places like Seattle and Atlanta and will become an economic and social problem for more cities soon.
Read more...Gaius Publius: Massive Permafrost Thaw Documented in Canada, Huge Carbon Release May Be Coming
Permafrost melt is yet another worrisome climate sign….
Read more...Can Europe Be Saved from Populism?
Two economists offer recommendations on how to defend Europe from an upsurge of populism. Unfortunately, their ideas give cause for pause.
Read more...Michael Hudson: Why Failing to Solve Personal Debt and Polarization Will Usher in a New Dark Age
Crushing personal debt loads have repeatedly produced economic and social crises. The elites ignore the warning signs at their peril.
Read more...French Presidential Contender Macron Backs Tough Stand on Brexit
Macron, who has taken a recent hit as a result of a campaign blunder, took a forceful position on Brexit in a meeting with Theresa May.
Read more...The Opioid Epidemic and the Face of Long-Term Unemployment
The role the opioid epidemic plays in long-term unemployment.
Read more...Why Extreme Inequality Causes Economic Collapse
A look at how rising inequality becomes systemically destructive.
Read more...Wolf Richter: “Seriously Delinquent” Auto Loans Surge
Auto loans are have been looking awfully bubbly….and the hangover has begun.
Read more...When the IMF Evaluates the IMF
A recap of where the IMF admits that it screwed up. Also points out how the IMF overlooked a core methodology prone to errors and gaming.
Read more...Grantham: ‘Twas Capitalism That Killed Capitalism
How capitalism became disconnected from social good, leading to hope for a “strong leader” will take on the rich and powerful.
Read more...Bill Black: New York Times’ Andrew Ross Sorkin Tries to Make Hank Paulson a Hero
As part of reviewing Obama’s legacy, Bill Black eviscerates how Sorkin’s book tried to exhonorate Hank Paulson for his crisis performance.
Read more...Germany-IMF Staredown on Greece: The Election Calculus
How upcoming European elections could play into the Greek debt negotiations.
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