Recent Items
Sunday, June 15, 2025
Links 9/24/18
Topics: Guest Post, Links
Posted by Jerri-Lynn Scofield at 6:55 am | 239 Comments »
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.
Topics: Banking industry, Payment system, Ridiculously obvious scams
Posted by Jerri-Lynn Scofield at 5:25 am | 20 Comments »
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.
Topics: Banana republic, CalPERS, Corporate governance, Media watch, Moral hazard
Posted by Yves Smith at 6:08 pm | 14 Comments »
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.
Topics: China, Credit markets, Currencies, Doomsday scenarios, Economic fundamentals, Globalization, Guest Post, Politics
Posted by Yves Smith at 6:00 pm | 45 Comments »
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.
Topics: Banana republic, Guest Post, Legal, Politics, Regulations and regulators, Ridiculously obvious scams
Posted by Jerri-Lynn Scofield at 1:55 pm | 7 Comments »
Links 9/23/18
Topics: Guest Post, Links
Posted by Jerri-Lynn Scofield at 6:55 am | 227 Comments »
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
Topics: Banana republic, Guest Post, Middle East, Politics
Posted by Jerri-Lynn Scofield at 3:55 am | 17 Comments »
Links 9/22/18
Topics: Links
Posted by Yves Smith at 6:55 am | 183 Comments »
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.
Topics: Banana republic, Banking industry, Currencies, Economic fundamentals, Free markets and their discontents, Globalization, Payment system, Regulations and regulators, Taxes, UK
Posted by Yves Smith at 6:53 am | 60 Comments »
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?
Topics: Guest Post, Social values
Posted by Yves Smith at 6:43 am | 66 Comments »
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
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 110 Comments »
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.
Topics: Economic fundamentals, Free markets and their discontents, Guest Post, Macroeconomic policy, The destruction of the middle class, The dismal science
Posted by Yves Smith at 9:55 am | 60 Comments »
Links 9/21/18
Topics: Guest Post, Links
Posted by Lambert Strether at 6:55 am | 188 Comments »
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.
Topics: Brexit, Doomsday scenarios, Europe, Politics, UK
Posted by Yves Smith at 6:30 am | 141 Comments »
Post Crisis Measures Have Failed to Tame Derivatives Risks
Derivatives remain an untamed systemic risk.
Topics: Banking industry, Credit markets, Derivatives, Doomsday scenarios, Moral hazard, Regulations and regulators, Risk and risk management
Posted by Yves Smith at 3:28 am | 16 Comments »