Don Quijones: Wrath of Draghi Hits Germans Who Refuse to Blow Their Savings
Draghi plans to beat savers until morale improves.
Read more...Category Archives: Dubious statistics
Lessons from Iceland, Where Offshore Created an Onshore Bubble Free of Rules and Regulations
In Iceland, the rapid growth of offshore, meaning tax evasion, along with harmful, even criminal, practices produced a massive boom and bust.
Read more...“Free Trade” in Trouble in the United States
“Free trade” policies, in a world of substantially liberalized trade, no longer elicit knee-jerk support. About time.
Read more...Watch Bill Clinton, Larry Summers, and Phil Gramm Have a Love Fest Over Repeal of Glass Steagall
Watch Bill Clinton heart financiers in 1998 and try to take it back in 2013.
Read more...Should Banks Be Worried About Apple Pay?
Will Apple Pay eat retail payment systems?
Read more...Gaius Publius: Hillary Clinton Won New York, But Her Image Is Underwater
The implications of Clinton’s rising unfavorable ratings.
Read more...Soros Warns of 2008-Like Debt Growth in China. How Risky are Its Banks?
Is China as at much risk as Soros suggests it is?
Read more...Bill Black: Adam Davidson, the 1%’s Lord Haw-Haw, Mangles Economic Theory to Attack Sanders
Adam Davidson makes numerous misrepresentations about economics in a salvo against Bernie Sanders’ economic plans. Does he really not know better, or has he really drunk the orthodox Kool-Aid?
Read more...How CalPERS Was Taken By Private Equity Firm Silver Lake and Tried to Hide That (A Tale of Two Spreadsheets)
CalPERS told two very different stories about how well its investment in Silver Lake, the general partner, fared. Which should we believe?
Read more...Michael Hudson: Pamama – Laundering Haven for War Budgets
Michael Hudson explains the history of Panama as a center to launder earnings for the oil and the gas industries, and the mining industry.
Read more...Intra-EMU Divergence Is A Feature Not A Bug
Yves here. I’m leery of reinforcing the “competitiveness” meme, since it’s based on the false premise that all countries can be exporters. But this article nevertheless makes important observations about Eurozone structural flaws.
Read more...Bill Black: Hillary and Bill and Paul Krugman Race to the Right to Stop the Bern
Bill Clinton repeats urban legends to defend his crime bill, which Hillary advocated, that lead to the mass incarceration of blacks.
Read more...Ireland: a Recovery Built on Sand
How official statistics exaggerate Ireland’s performance, largely due to its status as a tax haven/offshore financial center.
Read more...Jamie Dimon Tells Us We Need to Leave Too Big to Fail Banks Alone
Jamie Dimon likes to write grandiose letters to shareholders. This year’s version is no exception.
Read more...A New Stability and Growth Pact? Let’s Drop the Technocratic Veil!
On how economic growth models constrain policy debates and choices among Eurocrats, and why that is no accident.
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