For the moment, it is not entirely clear why Godwin Emefiele has been removed from his post and detained by Nigeria’s secret police, but there are a whole slew of possible reasons.
Recent Items
Saturday, January 17, 2026
Central Bank of Nigeria’s Governor Suspended and Arrested After Waging All-Out War on Cash
Topics: Guest Post
Posted by Nick Corbishley at 6:44 am | 9 Comments »
Michael Hudson at Global University, Hong Kong, on Ukraine, Europe, China, and the Dollar’s Future
Michael Hudson gives a globe-spanning look at recent economic and geopolitical events.
Topics: Banking industry, China, Commodities, Credit markets, Currencies, Doomsday scenarios, Economic fundamentals, Europe, Guest Post, Politics, Russia
Posted by Yves Smith at 5:34 am | 9 Comments »
How This Regional Bank Mortgage Lender Crisis is Different
Every bank crisis has its own overarching narrative and streams of sub-narratives that course through the marketplace day to day.
Topics: Banking industry, Doomsday scenarios, Dubious statistics, Economic fundamentals, Federal Reserve, Guest Post, Investment outlook, Media watch, Regulations and regulators
Posted by Yves Smith at 5:01 am | 11 Comments »
2:00PM Water Cooler 6/12/2023
~ Today’s Water Cooler ~
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 93 Comments »
What Does a Chatbot Know About Eating Disorders? Users of a Help Line Are About to Find Out
Companies turn to artificial intelligence as a possible solution for a mental health crisis.
Topics: Technology and innovation, The dismal science
Posted by Conor Gallagher at 10:54 am | 15 Comments »
Links 6/12/2023
Topics: Links
Posted by Conor Gallagher at 6:55 am | 210 Comments »
The EU Looks to “Jungle” Sacrifice Zones to Help It Out of Energy Crisis: North Africa Edition
Low wages and dirty energy make North Africa an attractive options for the EU to keep the “garden” green and profitable.
Topics: Energy markets, Europe
Posted by Conor Gallagher at 6:00 am | 12 Comments »
“Does Economics Do More Harm than Good?”
In a new book, George DeMartino offers some novel and pointed criticisms of economics, focusing on societal damage.
Topics: Dubious statistics, Economic fundamentals, Free markets and their discontents, Guest Post, Income disparity, Macroeconomic policy, Market inefficiencies, Politics, Social policy, Social values, The dismal science
Posted by Yves Smith at 5:50 am | 55 Comments »
The War on Terror’s Lingering Pain
The war on terror’s high costs are buried in the US.
Topics: Banana republic, Doomsday scenarios, Guest Post, Health care, Media watch, Middle East, Moral hazard, Politics
Posted by Yves Smith at 3:51 am | 19 Comments »
Links 6/11/2023
Topics: Links
Posted by Conor Gallagher at 6:55 am | 174 Comments »
The EU Looks to “Jungle” Sacrifice Zones to Help It Out of Energy Crisis
Low wages and dirty energy make the Balkans and North Africa attractive options for the EU to keep the “garden” green and profitable.
Topics: Energy markets, Environment, Europe, Infrastructure, Russia
Posted by Conor Gallagher at 6:00 am | 36 Comments »
Did a North Carolina Democratic Lawmaker Throw the Party Under the Bus for the Charter School Industry?
Tricia Cotham’s defection to the Republican Party has deep roots in the right-wing “school choice” movement.
Topics: Guest Post, Politics, Privatization
Posted by Conor Gallagher at 5:00 am | 10 Comments »
Links 6/10/2023
Topics: Links
Posted by Yves Smith at 6:55 am | 247 Comments »
Michael Hudson on the US Economy – Surprisingly Resilient or Potemkin Village?
Michael Hudson covers the waterfront on the US economy, such as class warfare, santions dependency, China, and the dollar.
Topics: Guest Post
Posted by Yves Smith at 6:51 am | 51 Comments »
I Was a Wilderness Therapy Success Story. Then My PTSD Surfaced.
Wilderness therapy looks like yet another scam designed to extract funds from parents with self-destructive kids.
Topics: Guest Post, Ridiculously obvious scams, Social policy, Social values
Posted by Yves Smith at 6:39 am | 29 Comments »



