Michael Hudson Talks to Ben Norton About SVB and Bank Failures
Michael Hudson gives a wide-ranging talk on SVB and other recent bank collapses, focusing on the considerable role of misguided Fed policies
Read more...Category Archives: Regulations and regulators
SVB and the Only Choice We Have
How the SVB bailout confirms the dedication of the elites to self interest only.
Read more...Hoisted from Comments: Rosneft Refinery in Schwedt Continues to Be a Microcosm of Europe’s Sanctions-Induced Energy Mess
A case study in sanctions blowback: how the Rosneft refinery, an important provider of diesel and jet fuel, looks like a stranded asset.
Read more...The Role of Default Settings in Online Searches: Challenging Google Dominance
A meaningful level of onsumers will opt out of the default setting of Google as their search engine, particularly if prompted early and often
Read more...Satyajit Das: SVB Collapse and Bank Turmoil – Latest Chapter in the Unwinding
Peeling back more layers of the SVB implosion and its broader implications.
Read more...US Officials Make Non-Bailout Bailout of Silicon Valley and Signature Bank and Continue Class Warfare
An over-zealous Fed pushed a few banks, including the big and super connected Silicon Valley Bank, over the edge. A bailout was a given.
Read more...Silicon Valley Bank Fails, With Deposits of Many Venture-Backed Companies Frozen. How Bad Will the Fallout Be?
How severe might the contagion from the Silicon Valley Bank failure be? And who will suffer most: tech land or other banks?
Read more...Ayn Rand vs. Elinor Ostrom: The Fight for the Future of Social Media
Contrasting ideologies at play about the structure and role of social media mirror the conflicting ideologies in economics.
Read more...Crypto Bank Silvergate to Shut Down and Liquidate, After FDIC Examiners Show Up. Shares Collapse Entirely
Silvergate: In 16 months from $239 at peak crypto consensual hallucination to $2.76, including the 44% plunge afterhours.
Read more...America’s Chips War With China: Another Sanctions Backfire Coming?
Biden Administration officials are pleased as punch with their targeting of China’s supposed Achilles heel: dependence on US designed chips.
Read more...Rail Workers Warn Safety Bill Loopholes Are Big Enough to ‘Run a Freight Train Through’
Post East Palentine rail safety reform proposals are embarrassingly unserious.
Read more...Salve Lucrum: The Existential Threat of Greed in US Health Care
A big reason US health sucks is that the government refuses to crack down on abuses like price gouging and billing games.
Read more...The EV Revolution Brings Environmental Uncertainty at Every Turn
As demand for electric vehicles ramps up, environmental stumbling blocks have emerged.
Read more...Hubert Horan: Can Uber Ever Deliver? Part Thirty-Two: Losses Top $33 Billion But Uber Has Avoided The Equity Collapse Most “Tech” Startups Experienced
An update on Uber financial fakery and continued lack of bona fide profits.
Read more...Jim Chanos: The Golden Age of Fraud in Finance
Famed short seller Jim Chanos discusses the ever-rising role of fraud in the US financial system and his views of China.
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