Credit markets

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Goldman Is Evil But McKinsey Is Worse

Why the McKinsey veneer is looking tattier and tattier with every passing day, and why that's not likely to change.

Michael Hudson – Changes in Super Imperialism

Published by Anonymous (not verified) on Sat, 06/02/2021 - 10:10pm in

Michael Hudson recaps his classic Super Imperalism and extends it to the 21st century struggle for dominance among the US, China, and Russia.

Negative Interest Rates Are Coming, but There Is No Chance That They Will Work

Negative interest rates: a bad idea that some central banks still can't resist.

Coronavirus and Banking: Evaluating Policy Options for Avoiding a Financial Crisis

Published by Anonymous (not verified) on Mon, 25/01/2021 - 9:40pm in

A scorecard for various approaches to combatting the looming European banking crisis.

A Hard Look at Rent and Rent Seeking with Michael Hudson & Pepe Escobar

An in-depth discussion of financial capitalism versus earlier models and the Chinese and Russian approach, with a focus on the role of rent.

Polarization, Then a Crash: Michael Hudson on the Rentier Economy

Michael Hudson discusses the chokehold of pro-finance, pro-rentier capitalism reaching into the present COVID-19 crisis.

China Retrenches on Belt and Road Initiative as Defaults Rise

Published by Anonymous (not verified) on Wed, 16/12/2020 - 10:54pm in

More on "Whither China?"

Nathan Tankus: What the Hell is Going On With CARES Act “Funds”?

Published by Anonymous (not verified) on Thu, 26/11/2020 - 6:24pm in

Trying to make sense of CARES Act gimmickry.

Michael Olenick: How Biden Could Tackle the Student Loan Crisis

Published by Anonymous (not verified) on Mon, 23/11/2020 - 10:19pm in

Biden could resort to a simple bankruptcy fix for the student loan mess. But would he?

Don’t Depend on Wall Street for Renewable Energy Investment

Published by Anonymous (not verified) on Sat, 21/11/2020 - 8:19pm in

Why Big Finance is part of the energy problem, not the solution.