Tuesday, January 16, 2018
Stanley Fischer, the 73-year-old vice chair of the US Federal Reserve, is familiar with the decline of the world's rich. He spent his childhood and youth in the British protectorate of Rhodesia, in present-day Zambia and Zimbabwe, before going...
The Peoples’ Bank of China has just announced a payment-versus-payment (PVP) system for Russian ruble and Chinese yuan transactions. The stated aim is to reduce currency risks in their trade. The only conceivable risk would be from the US dollar and...
For years, criticism has been mounting against the Neoliberal Economic principles  espoused by the International Monetary Fund (IMF), and applied on all countries that stumble economically and seek the IMF’s help. Many of these unfortunate countries, most of which are poor...
Ten years ago this week, the global financial crisis started with a small rumble in France. Local bank BNP Paribas announced it was freezing the assets of three hedge funds with heavy exposures to the US sub-prime mortgage market. A little...
https://youtu.be/Eijc9aoTr-Y Did a series of banks not-so-randomly failing across Europe present a negative bellwether for another imminent 2008 Global Financial Crisis?  How would any average citizen know?  In this inaugural episode of Money and Fear, we’ll review a sampling of bank...

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Prof. James K. Galbraith: “The free market is a fiction that...

Mohsen Abdelmoumen:You have been an adviser for Yanis Varoufakis, the former Greek finance minister, and you have related this experience in your book “Welcome to...

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