Are many of the explanations of the recent bank tsuris barkign up the wrong tree?
Risk and risk management
How the SVB bailout confirms the dedication of the elites to self interest only.
Michael Hudson gives a wide-ranging talk on SVB and other recent bank collapses, focusing on the considerable role of misguided Fed policies
Peeling back more layers of the SVB implosion and its broader implications.
An over-zealous Fed pushed a few banks, including the big and super connected Silicon Valley Bank, over the edge. A bailout was a given.
Post East Palentine rail safety reform proposals are embarrassingly unserious.
Famed short seller Jim Chanos discusses the ever-rising role of fraud in the US financial system and his views of China.
The timing of a Blinken interview and a RAND paper release points to elite splits over Ukraine. Sadly the warmongers are still in charge.
Nuclear energy is greener than renewables and safer than fossil fuels. But people seldom make decisions based on facts.
More crypto chicanery! How crypto-focused bank Silvergate got a very big ticket rescue from a quasii-government mortgage banker's bank.