Bank lobbyists want to weaken bank regulations even after rich stakeholders in recent “not-to-big-to-fail “bank failures were rescued.
Recent Items
Saturday, June 21, 2025
Quelle Surprise! Bank Too Big to Fail Problem Not Solved as Lobbyists Scheme to Make It Worse
Topics: Banking industry, Federal Reserve, Free markets and their discontents, Guest Post, Politics, Regulations and regulators, Risk and risk management
Posted by Yves Smith at 5:21 am | 22 Comments »
Forward-Looking Labor Supply Responses to Changes in Pension Wealth
Workers adjust their immediate labour supply in response to the income effects caused by changes to future pensions.
Topics: Income disparity, Politics, Regulations and regulators, Social policy, Social values, The destruction of the middle class
Posted by Lambert Strether at 5:20 am | 4 Comments »
Summits Mark Rapidly Changing World Order
Radhika Desai and Michael Hudson discuss what the recent spate of major summits, from BRICS to the G20 to NATO portend.
Topics: Guest Post
Posted by Yves Smith at 2:02 am | 16 Comments »
Five Cute Videos of Dogs Swimming (Plus One Cat (Plus One Human))
“Happy the people in the swimming-pool and on the yacht….”
Topics: Curiousities
Posted by Lambert Strether at 3:25 pm | 11 Comments »
Links 9/24/2023
Topics: Guest Post, Links
Posted by Lambert Strether at 6:58 am | 220 Comments »
How Will Rural Americans Fare During Medicaid Unwinding? Experts Fear They’re on Their Own
The researchers found that former Medicaid enrollees looking for health plans on the private market face aggressive, misleading marketing of limited-benefit products that don’t cover important services and fail to protect consumers from high health costs.
Topics: Health care
Posted by Lambert Strether at 6:50 am | 29 Comments »
Links 9/23/2023
Topics: Links
Posted by Yves Smith at 6:55 am | 209 Comments »
Poland Hinted That Germany Is To Blame For Its Dispute With Ukraine
More discussion of the Poland-Ukraine dustup, which has major implications for the war.
Topics: Doomsday scenarios, Europe, Guest Post, Politics
Posted by Yves Smith at 4:58 am | 50 Comments »
Artificial Intelligence: Profit Versus Freedom
It isn’t AI displace jobs. That’s the result of capitalists giving priority to profits, versus say product or workplace improvement.
Topics: Free markets and their discontents, Guest Post, Income disparity, Surveillance state, Technology and innovation, The destruction of the middle class
Posted by Yves Smith at 4:44 am | 23 Comments »
2:00PM Water Cooler 9/22/2023
~ Today’s Water Cooler ~
Topics: Guest Post
Posted by Lambert Strether at 2:00 pm | 59 Comments »
Hot Temperatures: A New Player in Housing Markets
Identifying a new source of climate change housing price risk: heat, as in too much.
Topics: Doomsday scenarios, Global warming, Guest Post, Real estate
Posted by Yves Smith at 10:08 am | 18 Comments »
Links 9/22/2023
Topics: Guest Post, Links
Posted by Lambert Strether at 6:58 am | 151 Comments »
The Coming Ukraine Collapse and the “Rebuilding” Headfake
The hyping of Ukraine rebuilding is at least as delusional as the earlier war talk.
Topics: Banking industry, Currencies, Doomsday scenarios, Economic fundamentals, Europe, Infrastructure, Investment management, Media watch, Politics, Ridiculously obvious scams, Russia
Posted by Yves Smith at 6:54 am | 89 Comments »
A Valuable Lesson from Mexico: AMLO Government Cancels Extortionate Public-Private Partnerships for 9 Public Hospitals
This will probably not have gone down well with the World Economic Forum, which prides itself on being “the international organization for public private cooperation.”
Topics: Guest Post
Posted by Nick Corbishley at 6:45 am | 12 Comments »
Will ‘Poor Man’s Cocaine’ Fuel the Next U.S. Drug Crisis?
The cheap and highly addictive cocaine-like stimulant Captagon shows signs of following in the opioid fentanyl’s footsteps.
Topics: Guest Post, Health care, Income disparity, Regulations and regulators, Social policy, Social values, The destruction of the middle class
Posted by Yves Smith at 3:52 am | 22 Comments »