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[Yahoo/Bloomberg] World’s Rate Laggards at ECB and BOJ Take Center Stage: Eco Week [Yahoo/Bloomberg] Europe’s Impending Recession Leaves ECB in Deeper Policy Bind [Yahoo/Bloomberg] IMF to Cut Global Growth Outlook ‘Substantially’ at Next Review [Yahoo/Bloomberg] Unstoppable Dollar Risks Worsening $71 Billion Asia Stock Exodus [Reuters] Russia preparing for next stage of offensive, Ukraine says [Yahoo/Bloomberg] […]
Inspired Heat and the Recessionary Gorilla Decades ago economist Hyman Minsky described our credit-based, Keynes-inspired, post gold-standard economic model as one that would evolve over time in stages. The system started with what he called “hedge finance,” but would progress into “speculative finance” before culminating in “Ponzi finance.” These stages would necessarily develop as ever […]
[AP] G20 finance meetings in Bali overshadowed by war in Ukraine [Reuters] Yellen says U.S. aims to move ahead with global minimum corporate tax [Reuters] Russia says it is stepping up operations as more rockets hit Ukraine [Yahoo/Bloomberg] Ukraine Latest: Russian Forces Ordered to Intensify Efforts [Yahoo/Bloomberg] Traders See ECB’s Window to Hike Narrowing Before […]
