It been remarkable to witness the casual way in which central banks have plunged into negative interest rate terrain, based on questionable models. Now that this experiment isn’t working out so well, the response comes troubling close to, “Well, they work in theory, so we just need to do more or wait longer to see […]
Read more...Untangling the credit versus money focus in the critiques of financialization.
Read more...Investors in European bank shares are in a bit of a panic, and for good reason.
Read more...Insurers are going long risk at one of the worst possible junctures.
Read more...Despite large subsidies to housing and mortgage finance. homeownership has plunged to 1960s levels.
Read more...Easy access to capital has driven oil prices lower and is likely to do again as E&P’s directly invest in more rigs ahead of demand.
Read more...Comparing the market reaction to Brexit with key events during the crisis.
Read more...The costs of looting by the financial services industry are even more staggering than you probably imagined.
Read more...Will Italian banks be the detonator of a political and economic crisis?
Read more...The third part in a three-part series on how to fix what is wrong with credit rating agencies.
Read more...Why William Goetzmann’s Money Changes Everything is unadulterated Austrian twattle.
Read more...Instability in capitalist economies comes from the quest for profit. And that has implications for credit ratings that are often ignored.
Read more...A look at a fundamental point of failure in our financial system, rating agencies, and potential remedies.
Read more...By the time regulators start warning of risk, as the OCC is now in commercial real estate, it’s often too late.
Read more...Eurocrat rigidity about half-baked, never-tested bail in rules could turn an Italian banking crisis into a full bore financial and political meltdown.
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