Coronavirus and Banking: Evaluating Policy Options for Avoiding a Financial Crisis
A scorecard for various approaches to combatting the looming European banking crisis.
Read more...A scorecard for various approaches to combatting the looming European banking crisis.
Read more...An in-depth discussion of financial capitalism versus earlier models and the Chinese and Russian approach, with a focus on the role of rent.
Read more...Michael Hudson discusses the chokehold of pro-finance, pro-rentier capitalism reaching into the present COVID-19 crisis.
Read more...More on “Whither China?”
Read more...Trying to make sense of CARES Act gimmickry.
Read more...Biden could resort to a simple bankruptcy fix for the student loan mess. But would he?
Read more...Why Big Finance is part of the energy problem, not the solution.
Read more...With its smackdown of Ant and its billionaire founder Jack Ma, China has made clear that financiers do not call the shots.
Read more...A contrarian take on housing.
Read more...Citi’s latest run-in with regulators shows why comparing big banks “too big/complex to fail” problems to those of Big Tech is all wet.
Read more...Abolitionist Lewis Tappan, the inventor of credit bureaus, would be distressed to see how his creation is being put to use.
Read more...Another tour de force by Michael Hudson, this one stressing the role of unproductive real estate in modern debt bondage and Trump’s MMT.
Read more...Richard Vague, who has studied financial crises, has honed in on the destructive impact of private debt and the need for debt jubilees.
Read more...How immient is a bust in private equity related debt?
Read more...Households and businesses are overloaded with debt. Richard Vague offers a set of proposals for how to restructure it.
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