Category Archives: Banksters

Detroit’s Doomsday

Updates: Pictures of an apocalyptic Detroit; the bankruptcy declaration complete with slideshow presentation to creditors.  Well Detroit couldn’t have really timed it better, declaring Chapter 9 Bankruptcy – the largest ever municipal bankruptcy filing in the US – the day after we talked about municipal … Continue reading

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Corporate Complexity

A friend found this very cool visualization tool you can use to see the global complexity of banking corporations.

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Banking, rehypothecation and collateral shortages

First I’ll caution the reader that this is rather advanced stuff (I read through it half a dozen times before it clicked), but this is an absolutely excellent piece exploring the ongoing global macroeconomic and macro-financial banking problems, the issues of … Continue reading

Posted in Advanced, Banksters, Capital, Capitalism, Finance, Macroeconomy, Public Finance, Rent seeking | Leave a comment