Brexit Endangers London’s Status as a Financial Hub
Brexit could damage London’s attractiveness as the centre of European banking, as an entry point to the EU and as a global financial hub.
Read more...Category Archives: Doomsday scenarios
Gaius Publius: The Goal of the Neo-Liberal Consensus Is to Manage the Decline
Neoliberals want ordinary people to accept that their standard of living will decline. It’s not hard to see whose interest that story promotes.
Read more...John Helmer: US War Aim Fails, Putin Gains, Medvedev Loses
Approval ratings for Putin remain high despite corruption scandals because they believe no one is as capable of defending them against the US
Read more...The IMF and the Next Crisis
The IMF is now expected to be the first responder to a financial crisis when it may be less well equipped than in the past.
Read more...Flint’s Water Crisis: A Chronicle of Disenfranchisement, Denial, and Buck-Passing
A must-see documentary on Flint’s water crisis.
Read more...Ilargi: China – A 5-Year Plan And 50 Million Jobs Lost
Why China will be unable to escape the loss of millions of jobs.
Read more...Wolf Richter: Bavarian Banks Hoard Cash in Revolt Against ECB Negative Interest Rates
Little Bavarian banks take a bit shot at the ECB.
Read more...Life after Brexit: The UK’s Options Outside the EU
What are UK’s options if a majority votes in favour of Brexit this June?
Read more...The Implications of Brexit for the Rest of the EU
Brexit would leave the EU an even more impaired regional and geo-political player than now, when it already punches far below its economic weight.
Read more...A Proposed Natural Gas Pipeline is Next to a Nuclear Power Plant. What Could Go Wrong?
Someone needs to remind the overseers of old nuclear power plants that tail risks are greater than they think.
Read more...Merkel Channels Varoufakis: “No Plan B,” in This Case, on Migrants
Is Angela Merkel’s “Plan B” remark a Freudian slip, a recognition that like Varoufakis, she’s alienated so many people that she can no longer cinch a deal?
Read more...Negative Rates, Negative Reactions
A new survey suggests that negative rates will be counterproductive. Consumers will not spend more, as central banks wish, but will hoard.
Read more...Wolf Richter: Is This the Beginning of the Next Recession?
A sustained contraction in manufacturing historically has been a harbinger of recession. Be warned.
Read more...Germany Lays the Foundations for a New Eurozone Debt/Banking Crisis
It’s astonishing to see Germany take active steps to wreck the Eurozone.
Read more...China’s Vulnerable External Balance Sheet
A look at the risks of China’s external debt.
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