Finance
Hannah Brenton: Silence speaks volumes as Switzerland still reels from bank meltdown
In Switzerland, no one wants to talk about one of their biggest banks just collapsed. In Politico. Read the article HERE.
Banking
Economics
Ann Pettifor: Inflation, Volcker and Déjà Vu
The insanity of doing the same thing over and over again. From Ann Pettifor’s substack. Read the article HERE.
Economics
Michael Roberts – Banking crisis: is it all over?
An overview of where we are up to with the banking crisis, which may have years still to run Michael Roberts is an Economist in the City of London and a prolific blogger. Cross-posted from Michael Roberts’ […]
Economics
Mareike Beck – The Credit Suisse crisis and the contradictions of global finance: Three fallacies and a proposal
Incisive read explaining why Central Bank ‘solutions’ to the banking crisis aren’t actually fixing anything. Mareike Beck is a Leverhulme Early Career Fellow at King’s College London. Cross-posted from the LSE EUROPP blog Banking is […]
Economics
Michael Roberts: Bank busts and regulation
Stocks have rebounded, but this banking crisis is only just getting started – and the prominent solutions on offer to solve it are all inadequate Michael Roberts is an Economist in the City of London and […]
Economics
Richard Murphy: Banking is in meltdown, again. Will central bankers finally accept that their job is to serve society and not bankers?
This is a crisis of the Central Bankers making. To fix it, they must radically shift policy. Richard Murphy is an economic justice campaigner. Professor of Accounting, Sheffield University Management School. Chartered accountant. Co-founder of the […]
Economics
Michael Roberts: Moral hazard or creative destruction?
Letting big banks go to the wall is not on the agenda of states today, but saving them prevents the ‘creative destruction’ capitalism needs to renew itself. Michael Roberts is an Economist in the City of […]
Economics
Michael Hudson: Why the bank crisis isn’t over
The bind the system is in is this: it can’t reverse 13 years of Quantitative Easing without also reversing the asset-price inflation which resulted from it, which the financial system is built on. Michael Hudson […]
Economics
Mark Thompson, Anna Cooban: Credit Suisse shares crash as Saudi investor rules out more funds
Report in CNN on the chaos at Swiss bank Credit Suisse today. Is this the start of a new financial crisis? Read the article HERE.