Too Big To Fail

Podcast

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Bartlett Naylor: The Banks Are Becoming Untouchable Again

Regulations? We don't need no stinking regulations!
Monday, June 4, 2018, 2:19 PM

When the dust settled after the Great Financial Crisis, we learned that the big banks had behaved in overtly criminal ways. Yet none of their executives would be held criminally accountable. 

And while legislation was passed in the aftermath to place restrictions on the 'Too Big To Jail/Fail' banks, it was heavily watered down and has been under attack by finanical system lobbyists ever since. » Read more

Podcast

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Lacy Hunt: The World Economy's Terminal Case of Debt Sclerosis

In danger of dying from too much debt
Sunday, August 24, 2014, 11:54 AM

Never before has the developed world carried this much debt. Never before have the central banks of those same countries expanded their balance sheets so much. Never before has so much sovereign debt been outright monetized. Never before have major financial institutions been officially designated as “too big to fail” and thereby been granted special license to assume gigantic risks.

Dr. Lacy Hunt, economist and current executive vice president of Hoisington Investment Management Company, expects the macroeconomic situation to get worse from here: » Read more

Blog

Peak Prosperity

Quantitative Easing - Crash Course Chapter 10

What exactly is this process that the world is betting on?
Friday, August 22, 2014, 9:34 PM

At the exponential pace at which the Fed is increasing the money supply, and knowing the huge challenges the Fed – and most other world central banks  - face in trying to stop or even slow down their money printing, the potential for a disruptive global inflationary period is very real.

So what exactly is quantitative easing» Read more

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Oleksii Sergieiev | Dreamstime.com

Why 2014 Is Beginning to Look A Lot Like 2008

The similarities are stacking up
Wednesday, March 12, 2014, 12:06 PM

Does anything about 2014 remind you of 2008? 

The long lists of visible stress in the global financial system and the almost laughably hollow assurances that there are no bubbles, everything is under control, etc. etc. etc.  certainly remind me of the late-2007-early 2008 period when the subprime mortgage meltdown was already visible and officialdom from Federal Reserve chairman Alan Greenspan on down were mounting the bully pulpit at every opportunity to declare that there was no bubble in housing and the system was easily able to handle little things like default » Read more

Blog

We've Dug a Pretty Damn Big Hole for Ourselves

How do we get out of this mess?
Monday, April 22, 2013, 10:15 PM

The diminishing returns of technology are insidious, and they are ever with us. By this I mean the slow erosion of the quality of life, despite the impression that technological wonders only make our lives better. » Read more

Daily Digest

Image by Images Of Money, Flickr Creative Commons

Daily Digest 3/16 - 'Dangerous' Financial Products Named, PA Unions: 'Stop Cutting Taxes'

Saturday, March 16, 2013, 12:18 PM
  • Greenspan Says Too Big To Fail Problem 'Is Getting Worse, Not Better'
  • 'Dangerous' financial products named
  • Max Keiser: Is Bitcoin Money?
  • Philadelphia unions to City Council: Stop cutting taxes 
  • Parallel World of Finances
  • Shock in Cyprus as savers face bailout levy
  • ‘If You Ain’t a Gardener, You Ain’t Gangster’
  • RBC’s Water Attitudes Study: We’re in denial over stormwater infrastructure