Tag: Banks

In 2022, the state of California celebrated a record budget surplus of $97.5 billion. Two years later, according to the Legislative Analyst’s Office, this surplus has…

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Reading the tea leaves for the 2024 economy is challenging. On January 5, Treasury Secretary Janet Yellen said we have achieved a “soft landing,” with wages…

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US banks are again in the crosshairs. Standard and Poor’s has downgraded five new middle-tier banks and put three others on negative outlook. This follows sweeping downgrades earlier in…

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Short sellers have made a killing in the recent banking crisis, scalping $14.3 billion from bank stock owners just in March of this year. Short sellers…

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According to an article in American Banker called “SEC’s Gensler Directly Links Crypto and Bank Failures,” SEC Chair Gary Gensler has asked for more financial resources to…

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Financial podcasts have been featuring ominous headlines lately along the lines of “Your Bank Can Legally Seize Your Money” and “Banks Can STEAL Your Money?!…

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Congress has passed two major infrastructure bills in the last year, but imminent needs remain. The 2021 Bipartisan Infrastructure Law chiefly focused on conventional highway programmes, and…

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George Monbiot in the Guardian on Friday suggested a frightening prospect about the food inflation we are currently experiencing. He says the problem has been…

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Finance impacts all aspects of our lives, from our economies to social cohesion to the ecological systems we depend on for our very survival. As…

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This post is extracted from the newsletter of the Australian Sensible Centre… Our aim is to strengthen the Australian economy by dispersing ownership and economic…

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In this issue: What happens if the US engineers a near monopoly on the supply of COVID-19 medicines and vaccines Why are governments encouraging the…

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This post first appeared on the Sensible Centre newsletter in Australia… What a farce was the Banking Royal Commission! Collusion between Liberal and Labor in…

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