The Financial Crisis of 2023: Protecting Big Finance, Coming and Going
The financial system needs to provide a safe place for businesses to place their reserves and working capital.
Read more...Category Archives: Doomsday scenarios
Austerity for the Plebes, Bank Rescues for the Rich
The bank panic is proving to be an exercise in class warfare that may well wind up further strengthening the right.
Read more...Fossil Fuel Industry Phase-Out: Three Critical Worker Guarantees for a Just Transition
PERI research shows just transition policies are easily affordable in all high-income countries and critical to limiting climate change
Read more...Fed-Inflicted Bank Wobbles Persist as Investors Fret About Deutsche
Bank fundamentals do not look likely to get better any time soon, yet the Fed seems determined to make matters worse.
Read more...Your ‘Recycled’ Grocery Bag Might Not Have Been Recycled
Recent laws encourage recycling old plastic into new products. But verifying recycled content relies on tricky math.
Read more...Crash Landing? Part 2 – The Usual Suspects
What parts of the financial system are most vulnerable to a crash?
Read more...What’s Actually Behind the Banking Crisis? Why You Pay When They Play.
Law and economics expert Walker Todd explains how a financialized system creates havoc and why it’s time to rethink banking
Read more...Energy Transition Advocates Get A Reality Check
Big Oil rollls out new messaging designed to stoke worry about green energy plans.
Read more...Crash Landing? Part 1 – Bonfire of the Banks
Satyajit Das looks at how banks got themselves into so much trouble and what the recent bailouts portend.
Read more...The Fed Accused of ‘Playing With Fire’ After Latest Rate Hike
The Fed confirms that its priority is crushing workers, and it believes it’s protected banks enough to allow it to continue.
Read more...How the Current Refusal to Deal Harshly with Failing Banks and Their Executives Will Create an Even Bigger Crisis
Why the expected official response to this bank panic wil make matters much worse, just not right away.
Read more...Lack of Grownups in the Room Exacerbates Bank Freakout
The bank firefighting squad seems to be out on a bender.
Read more...Fed, Central Banks Created the Current Crisis and Are on Course to Making Matters Worse
The Fed has a lot of ‘splaining to do, yet seems determined to keep doing the wrong thing.
Read more...The Iraq War 20 Years On: End of the US’s Post-9/11 Neoconservative Dream
The 2003 Iraq war led to huge numbers of civilian deaths, and continuing insurgencies in the Middle East and Africa
Read more...The U.S. and UK’s Submarine Deal Crosses Nuclear Red Lines with Australia
Why has Australia signed up for a pricey and security-diminishing nuclear sub deal?
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