Ben Bernanke’s Waffle House
All the talk about how important it is that a central bank be independent is empty nonsense if that does not also include independence from financial institutions… Read More Ben Bernanke’s Waffle House
Category: Central Banking
What Keeps Them Up At Night
As long as the markets go up, the investing class has no interest in truth or consequences… Read More What Keeps Them Up At Night
The Bailouts for the Rich Are Why America Is So Screwed Right Now
Did they prevent a full-scale collapse? Yes. Was it necessary to do it the way we did? Not at all.… Read More The Bailouts for the Rich Are Why America Is So Screwed Right Now
Taibbi: Ten Years After the Crash, We’ve Learned Nothing
The great financial catastrophe of our times is still badly misunderstood, and led to grotesque consequences, including the election of Donald Trump… Read More Taibbi: Ten Years After the Crash, We’ve Learned Nothing
What Caused the Crash of 2008 Is Now Shaping Our Post-modern 1930s
Ten years on, the crisis unleashed in Wall Street in 2008 is still with us… Read More What Caused the Crash of 2008 Is Now Shaping Our Post-modern 1930s
JP Morgan Foresees Pitchforks and Fed Stock Buying in Next Financial Crash
If the standard interest rate cutting and bond purchases do not suffice, central banks may more explicitly target asset prices (e.g., equities)… Read More JP Morgan Foresees Pitchforks and Fed Stock Buying in Next Financial Crash
The London Banker Who Broke the World
The true story of how the City of London invented offshore banking – and set the rich free.… Read More The London Banker Who Broke the World
Mexico’s Central Bank Just Broke with the War on Cash
Motivated by inflation?… Read More Mexico’s Central Bank Just Broke with the War on Cash
No Other Banks Are This Exposed to Turkey, Argentina, Brazil…. Emerging Markets Haunt Spanish Banks
To diversify from the euro-debt-crisis, the biggest Spanish banks pushed deeply into Emerging Markets. Now, they’re in a new crisis… Read More No Other Banks Are This Exposed to Turkey, Argentina, Brazil…. Emerging Markets Haunt Spanish Banks
The Fed Will Not Give Up Dark Money
Dark money is the #1 secret life force of today’s rigged financial markets. and it could be about to take on an even bigger role… Read More The Fed Will Not Give Up Dark Money
You Should Fear the Emerging Market Debt Bubble
In today’s world of financial globalization, any remote crisis can become an international problem in seconds. That’s the reality of today’s markets.… Read More You Should Fear the Emerging Market Debt Bubble
Beware the Dog Days of August
Why the Federal Reserve is as much to blame for Turkey’s economic crisis as Donald Trump… Read More Beware the Dog Days of August
