Crash Landing? Part 2 – The Usual Suspects
What parts of the financial system are most vulnerable to a crash?
Read more...Category Archives: Politics
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...Kshama Sawant: Workers Strike Back
Sawant wants to take more forceful and concerted steps to advance workers’ interest. How do her ideas stack up?
Read more...How Monetary Policy Affects Bank Lending and Financial Stability: A ‘Credit Creation Theory of Banking’ Explanation
Another nail in “loanable funds”, which justfies austerity but does not explain how central banks produce credit and monetary growht.
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...Secession Is Here: States, Cities and the Wealthy Are Already Withdrawing from America
Alienation and separatism can go a long long way before getting to outright secession, and they still have real consequences.
Read more...Lack of Grownups in the Room Exacerbates Bank Freakout
The bank firefighting squad seems to be out on a bender.
Read more...Why is America So Anti-City? It Holds Back the Entire Country
oth parties are exacerbating the city/country split. How different are their interests?
Read more...California’s Covid Misinformation Law Is Entangled in Lawsuits, Conflicting Rulings
California’s Covid censorship law has not yet been killed by the judiciary, sadly.
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...Turkey’s Opposition Leads in the Polls. Would They Move the Country Closer to the West?
The Turkish opposition’s “memorandum of understanding on common policies” reveals which way they’re likely to steer the country should they win May’s election.
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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