Recording of economist Steve Keen’s BRAVE NEW EUROPE talk on 2 May 2023, in cooperation with Helle Panke and Rosa-Luxemburg Stiftung.
The European Central Bank has raised interest rates again, despite the alarming signs that a financial crisis is looming. Jordi Schröder Bosch is a researcher at Positive Money Europe. Cross-posted from Positive Money Europe Prices […]
In the last year, simmering tensions between the west and China have threatened to erupt. The standoff over Taiwan, and the struggle for control of the South China Sea, are only one flashpoint. Alice Konghorn-Gray […]
Silicon Valley Bank collapsed last month because there was a run on the bank and they didn’t have the assets to cover their customers deposits. They were trading insolvent, in other words, even though they […]
Durand writes in Sidecar about the meaning of the latest crisis of global finance. Read the article HERE.
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’ […]
The only explanations for why Central Banks have not bought government bonds directly, and instead through the secondary market, are not based on logic or experience. Steve Keen is a Distinguished Research Fellow, Institute for […]
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 […]
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 […]
The spectacular collapse of Silicon Valley Bank was caused by corruption, financial recklessness, and poor decision-making. With its bailout echoing 2008’s eager bailouts for the rich, it begs the question: How much longer will Americans […]
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