Look at this chart! It says everything one needs to know in a single graphic. The problem is orders of magnitude worse than it was before the 2008 financial crisis. Many many many times worse! No, our banking system is not “sound” as your fearless leaders would like you to believe. And the problem this […]
There once lived two brothers named Dante and Peter. They were orphaned fairly young where they lived, just outside a small remote village far, far away. Dante was the younger brother and had bright eyes; Peter, the elder, had a timid spirit but a warm heart. They were the best of friends and kindred spirits. […]
There perhaps is no more apt analogy for our current financial crisis than the USS Titanic. Mr Ismay with his fateful line “when can we get underway, dammit!” embodies current American sentiments like “we can’t let this crisis slow us down,” “how can we fix this?” and “the USA’s banking system is just too robust […]
