Bank fundamentals do not look likely to get better any time soon, yet the Fed seems determined to make matters worse.
Banking industry
Even collapsed banks have lots of assets that the FDIC sells to cover the costs to the Fund. Signature Bank collapse costs the Fund only $2.5 billion
Law and economics expert Walker Todd explains how a financialized system creates havoc and why it’s time to rethink banking
What parts of the financial system are most vulnerable to a crash?
Satyajit Das looks at how banks got themselves into so much trouble and what the recent bailouts portend.
The Fed confirms that its priority is crushing workers, and it believes it's protected banks enough to allow it to continue.
Why the expected official response to this bank panic wil make matters much worse, just not right away.
Another nail in "loanable funds", which justfies austerity but does not explain how central banks produce credit and monetary growht.
The bank firefighting squad seems to be out on a bender.
The Fed has a lot of 'splaining to do, yet seems determined to keep doing the wrong thing.