Bank failures: The specter of crisis once again looms over capitalist economies S. Mavroudeas Department of Social Policy Panteion University THE BANKRUPCIES On 10/3, California-based Silicon Valley Bank (SVB) became the largest bank to fail since the financial crisis of 2008. It was the 16th largest US commercial bank. It specialized in transactions with technology and healthcare companies and particularly in investments in start-up companies. SVB’s bankruptcy was...

Watch this 'til the end. You will learn a lot. Other sites/videos Books: The Day Trader: From the Pit to the PC. https://www.amazon.com/Day-Trader-Pit-PC/dp/0471401617 Tastylive.com Sold! The Lewis Borsellino story. https://www.tastylive.com/shows/sold-the-lewis-borsellino-story

My Lords, I join other noble Lords in paying tribute to the remarkable maiden speech of the noble Baroness, Lady Moyo. It was very thoughtful and thought provoking, and I very much appreciated her reference to me—she will have a great future here. The Budget was crafted in the shadow of disruptive world events over which the Chancellor has little or no control, but it is by its effectiveness in tackling or responding to those events that I think this Budget will be judged. The three...

I thought this would be interesting to our readers, especially those who are following the development of electric vehicles. Electric has infiltrated heavy equipment. This is Volvo’s latest all electric excavator: EC230. It is a 23 metric tonne (25 ton) machine. Not small. It is just like their diesel version but with batteries and an electric motor. 264KW of battery power. They are in the double digits for sales already. They have it structured...

Figure 1: A Part of a Parameter Space This post revisits my numerical examples in which I demonstrate the possibility of the reswitching of the order of fertility and of the reswitching of the order of rentability. Each of those posts presents a numeric example. In each, different ranges of the coefficients of production a0,2 and a1,2 are considered. This post combines those ranges, while still not considering the full parameter space, even for the slice for these coefficients. In the...

This article is easy reading exploring some the differences and why people may choose one plan over the other plan. Attached is also a Commonwealth Fund article with more detail. Medicare Plan Commissions May Steer Beneficiaries to Wrong Coverage, MedPage Today, Cheryl Clark. Agents and brokers selling Medicare plan coverage often steer their clients to a Medicare Advantage (MA) plan because it earns them a higher commission compared with a...

GOP Speaker finally makes statement during banking system crisis and it’s a post of a old Milton Friedman video…Reminder: inflation is made in Washington from too much government spending.It was true when Jimmy Carter was president in 1978, and it's true today. pic.twitter.com/Vq7cJ1tw5x— Kevin McCarthy (@SpeakerMcCarthy) March 16, 2023 Biden people I’m afraid are on their own in trying to fix their own monetarist mess… better not be thinking Congress is  going to help them…

Jobless claims: nobody is (still!) getting laid off  – by New Deal democrat Initial jobless claims declined -20,000 this week, back below 200,000 to 192,000. The 4 week average declined -750 to 196,500. Continuing claims, delayed one week, declined -29,000 to 1.684 million: For all intents and purposes, it is still the case that “nobody” is getting laid off. As the above graph shows, we are now almost one year past the lowest level of new...