Turbulence and Stability in Financial Markets: China in Recent Times
China is a case study of how liberalization of financial markets has never contributed to stability.
Read more...China is a case study of how liberalization of financial markets has never contributed to stability.
Read more...While the Fed isn’t worried about the fall in market liquidity, experts argue that if investors make abrupt changes in their portfolios, the lack of liquidity could produce a crisis.
Read more...Greece and its creditors have reached agreement on key terms for a so-called “third bailout”
Read more...Inflation doesn’t reduce the burden of debt, rather it may (or may not) accompany a rise in nominal worker income.
Read more...Despite the 7% GDP growth published and hotly defended by the Chinese government, it is increasingly clear that the country is beset with a host of immense problems, after a debt-fueled binge of overbuilding and over-stimulating.
Read more...Those who are looking only at Greece and the crazy behaviour of the European Union may well be looking in the wrong direction to identify the next big crisis as it comes.
Read more...While it’s gratifying to see former UBS trader Tom Hayes go to jail for large-scale Libor bid rigging, his bosses had to have known what he was up to. So when will we see their indictments?
Read more...Let us not kid ourselves that the Democratic party is also for the most part out to gut financial regulation.
The only reason that there is more space between Congressional Republicans and Democrats than usual is the pro-business, pro-bank “blue dog” wing of the Democratic party has gotten deservedly slaughtered in the last two Congressional elections for selling out what used to be the American middle class. So the more progressive-minded survivors are a bigger faction on a relative basis than they once were.
This Real News Network interview with Bill Black covers both a critical slice of the history of financial regulations (or more accurately, its rollback) as well as some of the current dynamics.
Read more...Why you should look hard at the rationales and motives of ratings agencies like S&P in giving sovereign debt downgrades.
Read more...Despite the current housing “buying panic,” the soaring prices, and all the hoopla round them, there is a fly in the ointment: overall homeownership is plunging.
Read more...This Real News Network segment gives a detailed assessment of what Dodd Frank did and did not accomplish.
Read more...Why the left is not doing itself, or the Greek people, any favors by minimizing the difficulties in converting to the drachma.
Read more...Goldman Sachs wields more power in the Eurozone than you think. And it’s not hard to guess who benefits.
Read more...Macroeconomic policy focused on inflation targeting is likely to deliver neither macroeconomic stability nor economic development, aka sustainable growth.
Read more...Those who consider a Grexit, meaning reintroducing drachma, to be a sine qua non for Greece moving forward have no idea of what that entails.
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