Our Politico Story on How the Switzerland and the UK Best the US on Tackling the Too Big to Fail Problem
See our story in Politico about living wills and the too big to fail problem.
Read more...Category Archives: Politics
The Rise of the Right Wing Populist: Blame It on the Banks
Contrary to popular belief, the shift to the right is not due to immigration as much as the financial crisis and its aftermath.
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...Obama Administration Trying to Throw Massive Secrecy Veil Over Past and Future Pilfering of Fannie and Freddie
Why is the government insisting that a huge stash of Fannie and Freddie records deserve state secret treatment?
Read more...Greece-Troika Train Wreck Shaping Up for July Despite IMF Leak
As hard as it seems to believe, the IMF is shaping up as a less bad actor in the continuing Greece austerity saga. Germany finance minister Wolfgang Schauble, by contrast, seems emboldened by Merkel’s fallen stature, which couldn’t come at a worse time for Greece.
Read more...The Dirty German Ditty That Got Erdogan So Angry That He Sued
It appears that Erdogan never got the memo: if you are going to be in politics, you need to have a thick skin.
Read more...Who Got Reuters to Pull Article on Sanders’ “Left Hook” TV Ad?
Reuters deep sixed a favorable article about a hard-hitting Sanders ad. The only plausible explanation is pressure from the Clinton campaign.
Read more...Open Thread: Reader Takes on Sanders/Clinton Brooklyn Debate
Seeking reader reactions to last night’s Sanders/Clinton debate.
Read more...America: No Country for Old People
It’s not easy being old and it’s only going to get harder in America.
Read more...Five Big Banks Get Bad Grades on Living Wills, No One Gets Clean Pass; Admission That “Too Big to Fail” is Alive and Well
The practical and political consequences of no big banks getting a pass on their living wills.
Read more...Mathew D. Rose: The Remarkable World of Angela Merkel and Her Friends
With friends like Merkel’s, who needs enemies?
Read more...Martin Wolf Defends Central Banks’ Negative Interest Rate Policies
The Financial Times’ lead economics writer, Martin Wolf, makes an intellectually bogus case for negative interest policies.
Read more...Krugman Kinda, Sorta Retracts a Key Part of Last Friday’s ‘Sanders Over the Edge’ Op-ed
Being Paul Krugman means never having to say you’re sorry.
Read more...John Helmer: Brookings Launches Unguided Missile – The Panama Papers as Putin Plot
Brookings issued an astonishing report, and not in a good way, about the Panama Papers.
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.
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