What parts of the financial system are most vulnerable to a crash?
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Thursday, January 15, 2026
Crash Landing? Part 2 – The Usual Suspects
Topics: Banking industry, Credit markets, Doomsday scenarios, ECONNED, Economic fundamentals, Europe, Federal Reserve, Guest Post, Hedge funds, Politics, Private equity, Regulations and regulators, Risk and risk management, The destruction of the middle class
Posted by Yves Smith at 6:54 am | 33 Comments »
The Pushback Against Biometric Surveillance and Control Systems Is Growing on Both Sides of the Atlantic
“Taking our data without notice isn’t convenient, it’s creepy.”
Topics: Guest Post
Posted by Nick Corbishley at 6:45 am | 7 Comments »
What’s Actually Behind the Banking Crisis? Why You Pay When They Play.
Law and economics expert Walker Todd explains how a financialized system creates havoc and why it’s time to rethink banking
Topics: Banking industry, Credit markets, Doomsday scenarios, Dubious statistics, Economic fundamentals, Federal Reserve, Free markets and their discontents, Guest Post, Regulations and regulators, Ridiculously obvious scams, Risk and risk management, The destruction of the middle class, The dismal science
Posted by Yves Smith at 6:15 am | 18 Comments »
2:00PM Water Cooler 3/23/2023
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 124 Comments »
Energy Transition Advocates Get A Reality Check
Big Oil rollls out new messaging designed to stoke worry about green energy plans.
Topics: Doomsday scenarios, Economic fundamentals, Energy markets, Environment, Europe, Global warming, Guest Post, Politics
Posted by Yves Smith at 9:55 am | 29 Comments »
Links 3/23/2023
Topics: Guest Post
Posted by Yves Smith at 6:59 am | 151 Comments »
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.
Topics: Banking industry, Credit markets, Doomsday scenarios, Economic fundamentals, Europe, Federal Reserve, Free markets and their discontents, Guest Post, Politics, Regulations and regulators, Risk and risk management, The dismal science
Posted by Yves Smith at 6:54 am | 49 Comments »
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.
Topics: Banana republic, Banking industry, Credit markets, Doomsday scenarios, Economic fundamentals, Federal Reserve, Free markets and their discontents, Guest Post, Income disparity, Politics, Regulations and regulators, Risk and risk management, The destruction of the middle class
Posted by Yves Smith at 6:53 am | 37 Comments »
Kshama Sawant: Workers Strike Back
Sawant wants to take more forceful and concerted steps to advance workers’ interest. How do her ideas stack up?
Topics: Economic fundamentals, Free markets and their discontents, Guest Post, Income disparity, Politics, Social policy, The destruction of the middle class
Posted by Yves Smith at 6:07 am | 24 Comments »
2:00PM Water Cooler 3/22/2023
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 137 Comments »
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.
Topics: Banking industry, Credit markets, Economic fundamentals, Federal Reserve, Free markets and their discontents, Guest Post, Politics, The destruction of the middle class, The dismal science
Posted by Yves Smith at 9:55 am | 23 Comments »
Eurasian Integration Including Iran Proceeds Despite US “Maximum Pressure” Campaign
The Riyadh-Tehran rapprochement could bring much-needed infrastructure investment in Iran, which is situated at the center of China and Russian-led Eurasian integration efforts, but countries will have to defy or work around US sanctions.
Topics: China, Energy markets, India, Infrastructure, Middle East, Russia
Posted by Conor Gallagher at 9:35 am | 18 Comments »
Links 3/22/2023
Topics: Guest Post, Links
Posted by Lambert Strether at 6:58 am | 205 Comments »
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.
Topics: Banana republic, Banking industry, Credit markets, Doomsday scenarios, ECONNED, Economic fundamentals, Federal Reserve, Free markets and their discontents, Politics, Regulations and regulators, Risk and risk management, The destruction of the middle class
Posted by Yves Smith at 6:35 am | 46 Comments »
Medicare Advantage Uses Algorithms to Block Care for Seniors
How AI is institutionalizing Medicare Adantage fraud, to the degree that appeals of denials often outrun the patient’s life.
Topics: Free markets and their discontents, Guest Post, Health care, Regulations and regulators, Ridiculously obvious scams, Technology and innovation, The destruction of the middle class
Posted by Yves Smith at 12:56 am | 16 Comments »


