by Summary:
Banks, Ponzi Schemes, and Bubbles
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Steve Keen considers the following as important:
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Banks, Ponzi Schemes, and Bubbles
Topics:
Steve Keen considers the following as important:
This could be interesting, too:
NewDealdemocrat writes March JOLTS report: declines in everything, fortunately including layoffs
NewDealdemocrat writes Manufacturing treads water in April, while real construction spending turned down in March (UPDATE: and heavy truck sales weren’t so great either)
Eric Kramer writes Eric Segall tells us what he really thinks about the Roberts court
Angry Bear writes Supreme Court watchers mollified themselves (and others) with vague promises
| Banks, Ponzi Schemes, and Bubbles |
It is dissapointing that the real estate title transfer tax ballot initiative failed in Chicago.
Glad to see you on George's Gammon's show. Take care my friend. Your french Bordeaux friend.
Private Equity is a huge driver of price inflation. They buy up enough of specific markets to control prices, which they are actively doing. Beyond this, an economic school that relies on mendacity as its method of persuasion, and whose policy advice just happens to aid wealth consolidation, deserves slightly more charged characterization. Every economic downturn has bloated the wealth and power of the very richest people. Guess who pays for politicians? It's not banks.