The Chinese Banking System: Much More Than a Domestic Giant
Chinese banks have become major foreign lenders, making China the eighth biggest financial center in the world.
Read more...Chinese banks have become major foreign lenders, making China the eighth biggest financial center in the world.
Read more...Musing on the market swan dive yesterday.
Read more...The Trump Administration sees no value in international economic institutions or cooperation, abandoning the role of steward of the system.
Read more...Rising mortgage rate are about to do some damage to the house party.
Read more...Some crystal ball gazing for 2018.
Read more...The ECB is very eager to withdraw extraordinary support. But among others, a lot of weak banks are hooked on it.
Read more...Why is the US cool about concessions from China that the US has long sought?
Read more...How Argentina’s new neoliberal masters are driving the economy back into its old debt crisis ditch.
Read more...Amar Bhide gives a clearly-written, compelling argument against a supposed banking “innovation,” securitization.
Read more...A review of money issues…and mainly not bitcoin.
Read more...How It’s a Wonderful Life sentamentalizes and reinforces the misguided policy idea that money is scarce and a private good.
Read more...An important, accessible takedown of the loanable funds theory, on which a ton of bad policy rests.
Read more...As bitcoin has become a mania, it is also becoming a risk to the real economy.
Read more...For Germany, the idea of Europeanism has allowed its elites to conceal their hegemonic project behind the veil of ‘European integration’.
Read more...Beware of old CDO risk re-imaged as “nonlinear finance”.
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