Trump Tariffs and Stagflation: Why TACO is the Least Bad Option
The first obvious step right now for fighting stagflation is for Trump to dump his tariff policies.
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California to Issue IOUs at Discount?
The creator of the fine website Across the Curve had the following to say about the situation on California tonight:
Banker: "This Is a Phenomenal Environment"
One more from today's FT: Radical shift in the banking power base By Patrick Jenkins and Jane Croft
Behind Banks' Credit Card Moves
Another FT article goes deeper into the increasing danger credit cards are putting banks into, and what they're
Citi Raises Rates on Cardholders
This is before new regulations come into effect that prevent them from doing this very thing come into effect in
More Speculation on Demise of the PPIP
From Wall Street Pit: Financial Crisis: The Two Sides of the Balance Sheet Wall Street Pit By James Kwak|Jun
Eurozone Moves into Deflation for First Time
From The Financial Times: Eurozone inflation turns negative By Ralph Atkins in Frankfurt Financial Times Published: June 30 2009 11:
WSJ: Why Cleaning Banks' Books Is So Hard
It was almost impossible to get this without being a subscriber, so I'm reproducing it in full (here&
Steep Increase In Fannie/Freddie Delinquencies
This is bad news: Fannie and Freddie mainly deal in prime, not subprime, mortgages. Job losses are the culprit. From
More Background on Coup in Honduras
As the situation in Honduras continues to unfold in unexpected ways, we recommend reading the posts from the America'
Another chance to see Steve Early
If you can't make it to Cambridge tonight to see Steve Early talk about his new book, Embedded
Economists on Iran
The Union for Radical Political Economics (URPE) has recently updated its Web page on Iran. The site features URPE members
TONIGHT: Steve Early on unions --- Boston-area event
Meet the author of Embedded with Organized Labor: Journalistic Reflections on the Class War at Home A new book by