Economy

Created
Sun, 26/02/2023 - 04:54
Can we avoid, what a growing number of researchers and writers, consider, will be the likely collapse of human civilisation in the not-too-distant future, if we do not quickly and radically change direction? Two books, published in recent weeks, one by Canberra, science writer, Julian Cribb and the other, by a distinguished panel of authors, Continue reading »
Created
Sat, 25/02/2023 - 04:58
Greg Sheridan, in his opinion piece of Tuesday 21 February, provides yet another display of his spiteful, vacuous journalism – his erroneous claims that I am not the progenitor of the APEC Leaders’ Meeting, and that my views on Australian strategic policy are eccentric and at odds with the US alliance. PJ Keating reply to Continue reading »
Created
Fri, 24/02/2023 - 04:51
Despite the grilling he got in two separate parliamentary hearings last week, Reserve Bank governor Dr Philip Lowe’s explanation of why he was preparing mortgage borrowers for yet further interest rate increases didn’t quite add up. There seemed to be something he wasn’t telling us – and I think I know what it was. We Continue reading »
Created
Fri, 24/02/2023 - 04:53
While Governments often promote consensus views that disguise racism, domination of the less fortunate and an ages old acceptance that violence can sustain dominant interests, recent articles in P&I have begun to challenge this conformity. A history of social theory records distinct ways of encouraging citizens to think, either by endorsing consensus views of how Continue reading »
Created
Thu, 23/02/2023 - 21:59

By Ellen Brown / Original to ScheerPost Financial podcasts have been featuring ominous headlines lately along the lines of “Your Bank Can Legally Seize Your Money” and “Banks Can STEAL Your Money?! Here’s How!” The reference is to “bail-ins:” the provision under the 2010 Dodd-Frank Act allowing Systemically Important Financial Institutions (SIFIs, basically the biggest […]

The post What Will Happen When Banks Go Bust? Bank Runs, Bail-Ins and Systemic Risk appeared first on scheerpost.com.