Archive for November, 2011

Secret Fed Loans Gave Banks Undisclosed $13B – Bloomberg

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Steve Keen, one of the few economists to have predicted the global financial crisis, interviewed on BBC HARDtalk – his solution: write off debts and nationalize the financial system (24 min.)

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Some economists believe that today’s grinding unemployment and slow growth are masking the transition to a vibrant digital economy.

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The Euro is coming to an end

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Hard times generation, living in cars. 15 yr old Arielle Metzger: "Yeah it’s not really that much an embarrassment. I mean, it’s only life. You do what you need to do, right?"

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"If the E.C.B. isn’t careful, someday we’ll talk about how great a job it did of protecting the euro right out of existence."

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Currency Markets Are Being Readied for Euro Breakup

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Dealers See Fed Buying $545B Mortgage Bonds

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Bloomberg Report Exposes the Federal Reserve Doing Its Job

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"The law of supply and demand is a lie" Venezuelan price controls and Marxist rhetoric from Hugo Chavez

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Eurozone crisis live: breakup fears grow as IMF denies Italy rescue

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Greek statistics chief probed for ‘not cooking the books’

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Morgan Stanley bailout; what a lender of last resort looks like

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Why was the Fed so bad at predicting the depth of the recession?

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The End of Work.

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Eurozone rescue fund to insure bonds

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EFSF Unable To Leverage Means To E1 Trillion

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A US judge has rejected a $285m (£184m) settlement between Citigroup and Wall Street’s regulator, the SEC, over the sale of toxic mortgages

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Graph of the Day: Money Growth and Velocity 2007-2009

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The Fateful Decision to Tighten ECB Monetary Policy

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