Unpacking the much-ado-about-nothing over year-end use of the Fed’s pet liquidity-providing mechanism, its standing repo facility.
Read more...An in-depth article from a leftist vantage on China’s extensive involvement in Africa finds that it has been a net negative for development
Read more...The popular press is whistling past the graveyard of AI systemic risk even as heavyweight experts warn more needs to be done.
Read more...Shadow banks, rebranded as anodyne “non-bank financial institutions” are larger than ever and pose a threat in a new financial crisis
Read more...Why Trump’s National Security Strategy and his efforts to shore up dollar dominance are proofs of weakness.
Read more...Why alarmism about public debt is fundamentally misguided.
Read more...A detailed discussion of how AI data-center investment boom is soking a societally and financially costly bubble
Read more...Yes, corporate Democrats did indeed grease the skids for Trump’s presidency, but the key misdeeds go back to Obama.
Read more...Steve Keen was one of the few economists to predict the 2008 crisis. His call for a 2026 crash looks all too credible.
Read more...More discussion of how the UK’s post World War II decline was a choice, due in large measure to the embrace of finance and neoliberalism.
Read more...Peeling back another layer of the AI onion, today on datacenter financing.
Read more...The Trump/Pulte 50 year mortgage scheme is indeed really bad even before getting to the fact that it would probably increase home prices.
Read more...Indebted, low growth economies have a path for recovery. But neolibearlism stands in the way.
Read more...The Wall Street Journal does its readers no favors in its whole-hog adoption of the fraud spin in ‘splaining high profile loan losses.
Read more...More wanton Trump Administration immiseration of the non-rich, here by blocking state efforts to bar credit reporting of medical debt.
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