Sunday, June 15, 2025

Links 9/24/18

Don Quijones: Multiple Online Banking Systems Go Down in the UK

Customers of three major UK banks were stymied by online banking problems Friday, when multiple systems crashed, limiting access to their accounts. Another installment in the ongoing war on cash.

How CalPERS CEO Marcie Frost’s Efforts to Organize Astroturf Support Are Compromising Her

If she succeeds, the survival efforts of CalPERS CEO Marcie Frost will come at a cost to the giant pension fund.

Does the U.S. Have the Ingredients to Win a Trade War?

In winning the trade battle with China, Trump may lose the war against inflation.

SEC Enforcement Wanes on Trump’s Watch

SEC co-director of enforcement Stephanie Avakian delivered a speech in Dallas last week defending the agency’s enforcement record, as the number of cases brought and amount of fines collected both continue to drop.

Links 9/23/18

Rep. Tulsi Gabbard: It Is Outrageous That the US Is Supporting a Genocidal War in Yemen

Over 5 million children are facing starvation and a cholera outbreak is raging in Yemen, the worst humanitarian crisis in the world, yet the US continues to support the Saudi bombing and destruction of the country, says Rep. Tulsi Gabbard

Links 9/22/18

The Spider’s Web: Britain’s Second Empire

How Britain’s system of offshore finance and tax havens developed and preserved the UK’s role as the largest player in international finance.

Women’s Anticipation of the Employment Effects of Motherhood: Evidence and Implications

Work-minded women do a poor job of estimating how much having children will mess with their careers. Why is that?

2:00PM Water Cooler 9/21/2018

Today’s Water Cooler: NAFTA, Donna Shalala, suburban Republican women, blue wave (or not), early voting, fracking at scale, Coke and cannabis, Tesla, subways, carbon taxes, cat memes

Why the Public Debt Should Be Treated as an Asset

Debunking the misconceptions about the role of debt of a currency issuer like the US or UK.

Links 9/21/18

Crash Out Brexit Virtually Guaranteed as EU Leaders Talk Tough to Theresa May, Reject Chequers Plan, and Give Her October Deadline

Brexit negotiations are over. The only question is whether the EU and UK continue to expend energy talking past each other.

Post Crisis Measures Have Failed to Tame Derivatives Risks

Derivatives remain an untamed systemic risk.