What’s Crypto Good For? Corruption, Exploitation, and Billions for Insiders
As with the subprime lending crisis, crypto appears to be more of an example of predatory inclusion than enhancing financial access.
From Bloomberg Toxic Loans Topping 5% May Push 150 Banks to Point of No Return By Ari Levy Aug. 14
Michigan Consumer Survey (Reuters) Consumer prices (Reuters) Industrial Production (FT), with this caveat; note the abysmal capacity utilization rate: 68%
As ususal, Tett does a great job. The ending is key. From The Financial Times: Idea of 'living wills&
From Paul Krugman's blog. For perspective, here's a chart showing corporate profits from 1996 (and another,
Nice FT piece from yesterday: Brotherly shoveBy Joe Leahy Financial Times Published: August 11 2009 20:40 | Last updated: August
From Huffington Post: Internal Memo Confirms Big Giveaways In White House Deal With Big Pharmadigg Huffpost - Internal Memo Confirms
From Bloomberg: Next Bubble to Burst Is Banks’ Big Loan Values: Jonathan Weil Aug. 13 (Bloomberg) It’s amazing what
From Bloomberg: Euro-Area Economy Contracted 0.1% in Second Quarter (Update4) Bloomberg By Simone Meier Aug. 13 (Bloomberg) The euro-region
From Bloomberg: Fed meeting and Treasury purchases decision US Trade deficit Home prices
From The Financial Times: Speculation grows over dollar's turning pointBy Peter Garnham Financial Times Published: August 11 2009
I seem to recall there was a stretch in which productivity was revised downward for about five quarters in one