

A growing body of evidence suggests that the US would blow up the global economy to prevent China from laying claim to Taiwan’s semiconductor factories. Former White House National Security Advisor Robert C. O’Brien has hinted at a sinister US contingency plan in the event of a Chinese invasion of Taiwan. Rather than see Taiwan’s semiconductor factories fall into the hands of the Communist Party of China, the US and its allies would simply pull a Nordstream. “The United States […]
The post Former US natsec advisor: destroy Taiwan semiconductor factories if China invades appeared first on The Grayzone.
One question for Matt Killingsworth, a psychologist at the University of Pennsylvania.
The post Does More Money Make Us Happier? appeared first on Nautilus.
INET Research on Financial Sector Weakness and Too Big to Fail
After 2008 the financial system was supposed to be fixed thanks to Dodd-Frank, stress tests, higher capital requirements, and all that. Suddenly we now wake up to discover that the collapse of a single bank may mortally threaten large segments of the banking system and that authorities are reinstating the financial equivalent of Medicare for All (for financiers only). And this amid news reports that SVB leaders lobbied against regulatory restraints and higher FDIC fees and even paid out bonuses just before the takeover.
INET was founded in the wake of the 2008 financial crisis to help rethink the role finance plays in economic theory. Since then, it has broadened its mission, but this concern remains central to our purpose. INET has supported many of the best critical discussions of financial reform -- too many to list easily here. Naturally, we continue to commission and publish work in this area.
The bailout of Silicon Valley Bank’s depositors means every dollar in U.S. bank accounts is insured by the federal government.
The post Hooray, We Now Have Medicare for All (Bank Deposits)! appeared first on The Intercept.