“Unrealized Losses” on Securities Held by Banks, Oh Dearie, the Whole Schmear: +8%, to $558 Billion
We now have to pay attention to unrealized losses in the banking system.
Read more...Category Archives: Market inefficiencies
The Scourge of Corporate Financialization: Income Inequity, Employment Instability, Productive Fragility
Stock buybacks, aka corporate financialization, as a mode of predatory value extraction
Read more...Even Plutocrats Can’t Escape the Coming Heat
There’s no refuge from material facts.
Read more...Are Corporate Executives Expendable?
Analysts across the political spectrum challenge massive paychecks of corporate chiefs—and whether companies can survive without them.
Read more...‘Renters Are Struggling’: Economists Back Tenant-Led Push for Federal Rent Control
Economists begin to admit that their models are wrong when it comes to anti-rent control arguments.
Read more...Government Health Financing for All, Not Insurance
Why health insurance schemes, both private insurance and society-wide programs, are more costly than and inferor to government funding.
Read more...“Bidenomics” Has No Answer for Eviction Crisis – Or Much Else
Most recent announcement has rental platforms promising to increase transparency of how much you’re being gouged but do nothing to lower costs.
Read more...Energy Destinies – Part 6 Energy Policy And Emissions – Hot and Hotter
Based on the current state of science, technology, policy development and implementation, the probability of meeting emissions targets is doubtful. This means that global temperature rises will, in all probability, exceed the recommended levels, most likely substantially and earlier than projected. The consequent changes in planetary geo-physics and meteorology will be substantial.
Read more...How the Mayo Clinic and Uber Killed Efforts to Help Workers in Minnesota
The Land of 10,000 Lakes has been widely celebrated for its supposedly worker-friendly legislation this year, but liberal Democrats headed for the exits when push came to shove.
Read more...Empty Office Spaces Can Be Converted to Residential Buildings – But It Won’t Be Affordable
What if we convert redundant office space to affordable living space or public housing and quit with the return-to-office pressure?
Read more...Book Review: Richard Vague, “The Paradox of Debt”
And why finding reforms to our current economic system is a Sisyphean task.
Read more...How Scammers Use Psychology to Create Some of the Most Convincing Internet Cons
Keeping up with the latest Internet scams, and how they work.
Read more...Are the Californian Wildfires Really “Natural” Disasters?
California wildfires and real estate interests
Read more...Low Wages and Rising Cost of Living Are Driving More Into Homelessness as Government Tries to Hide Rather than Solve Problem
Despite billions spent on homelessness, the problem is only getting worse due to a failure to take on exceptional American rapaciousness.
Read more...A New Third World Debt Crisis? The Need for System Change
Emerging economies look to be on the verge of a whole lotta debt hurt. Why does this happen to them so often?
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