Mr. Market Says Dodd-Frank Isn’t Working
One way to fix Dodd-Frank is to break up big financial firms.
Read more...Category Archives: Doomsday scenarios
Greece Finally Threatens Default as Deal with Creditors Remains Remote
A Greek default looms, but what does that mean for Greece and its creditors?
Read more...Resilience is The New Black
Why sustainability has failed and “resilience” is replacing it.
Read more...Greece Says It Will Make IMF Payment Next Week As Stalemate Continues
Greece may succeed in avoiding a default next week, but it remains at loggerheads with its creditors.
Read more...The Persecution and Assassination of the People of Greece as Performed by the Inmates of the Troika, Under the Direction of the Eurogroup
A new paper shreds the myths that justified the misguided application of austerity and wage-rate reduction policies in Greece and the Eurozone.
Read more...Syriza Emulates Nixon Going to China in a Bad Way
It’s painful to watch the Greek ruling coalition unwittingly do the creditors’ work by wringing Greece dry of cash more aggressively than Pasok or New Democracy would have dared to.
Read more...Fast Track/TPP: The Death of National Sovereignty, State Sovereignty, Separation of Powers, and Democracy
How the TPP, if passed and implemented, would create profound governance changes in the United States without benefit of the constitutional amendments that would normally be required to accomplish such changes.
Read more...Ridiculing Concerns About TPP Tyranny
Yes, Virginia, the TPP is at least as bad as its critics say it is.
Read more...Why Syriza Failed
Syriza has failed because it does not believe in governing along the lines of what it promised unless it is easy to do so.
Read more...The 23 Count Indictment of the TPP
This post will serve to remind you: call your Representative (contact info here) and Senators (contact info here) today and tell them in no uncertain terms that you expect them to vote against Fast Track authority.
Read more...Eurogroup Demands Varoufakis’ Ouster; Trajectory Toward Default Continues
In case you had any doubts that Greece is supposed to act like a good debt vassal, the Eurogroup’s hissy fit over Yanis Varoufakis at last Friday’s meeting, which stoked a raft of unflattering articles, has now led it to demand to that Greek government remove him.
Read more...Bill Black: Obama & TPP – Every One That Doeth Evil Hateth the Light
President Obama wants the world to know that he takes it personally that the Democratic Party’s base opposes his latest effort to sell out the people of the world to the worst corporations through the infamous Trans-Pacific Partnership (TPP) deal.
Read more...Greece Talks With Eurogroup Hit “Complete Breakdown”
The Greek negotiations with the Eurogroup are exemplifying the saying, “Things look the darkest before they go completely black.”
Read more...The IMF’s Big Greek Mistake
Instead of demanding repayment and further austerity, the IMF should recognize its responsibility for Greece’s predicament and forgive much of the debt.
Read more...Pettifor Warns of GFC 2.0 Approach
Yves here. This is a short but important debate over how much to worry about the upcoming train wreck in emerging markets when the Fed finally gets around to tightening. Pettifor sees it as a potential global crisis event; Macrobusiness sees it as a typical emerging markets bust. The Pettifor viewpoint seems more on target. First, […]
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