Good article on Naked Capitalism
By way of nakedcapitalism.com this excellent article from washingtonsblog.com on “Fictional Reserve Banking”: But whatever you think about fractional reserve banking, whether or not you agree…
Some people doodle pictures
Some people doodle pictures, but I’m the type who mucks around random bits of historical price data just to see where it goes. For…
The Luvvie Tax
I see the panel of economic experts that is the acting industry have latched onto the Tobin tax, now re-branded the ‘Robin Hood Tax’. …
How to deal with the Banksters
James Tyler explains how to fix banking. This article originally appeared on hedgehedge.com. Open your wallet. Take out that £10 note. It’s yours. Your…
The Zimbabwe Stock Market
This is a great news report from Zimbabwe via Al Jazeeera. It examines the ‘fantastic returns’ on the Zimbabwe stock exchange – and how…
How to avoid future encounters with financial meltdown
Cobden Centre Advisory Board member and Chief Executive of Tyler Capital, James Tyler, sets out the case for 100% reserve banking. Background In October…
Roubini Predicts “Mother of All Carry Trade Unwinds” « naked capitalism
Nouriel Roubini has officially left the “hedging your bets on the economy” camp. He has declared the markets to be frothy because super low…
How Goldman secretly bet on the U.S. housing crash | McClatchy
WASHINGTON — In 2006 and 2007, Goldman Sachs Group peddled more than $40 billion in securities backed by at least 200,000 risky home mortgages,…