Bill Mitchell: Europhile reform dreamers wake up – there will be no ‘far-reaching’ reforms

Fundamentally, this proposed merger isn’t about creating a robust and profitable bank. It is all about German politics. Germany would suffer considerable loss of face if its largest bank were forced into the ignominious European […]

Going cold turkey would finish off a dysfunctional global financial system that’s now hopelessly addicted to emergency infusions. The only solution is surgery on the system itself. Read here Alec Monopoly, Breaking the Bank mixed […]

Every time financial issues com up they become bogged down in controversy and then fade away. We have seen this with the transaction tax, tax evasion, and now money laundering. Read here