The name of Antonio Ibanez of the city of Springfield, Massachusetts might not be familiar, but what he is about to do the US banking industry could have been written by the script-writers of The Simpsons series.
Unless the banks pull a magic trick or get help from some form of divine intervention, the scenario they [...]
For all its drama and tragedy the Global Financial Crisis has been a time of such intense focus on all things Finance and Economics that one of its positive collateral effect could have been to increase the mainstream’s literacy on the topic. There has not been a week without media outlets dissecting the most [...]
This post continues the theme started in a previous note “Will the Empire Ever Strike Back?” and takes us on a bit of a journey to recap some key
The point is to reflect on the make-up of the United States as a geopolitical superpower and to understand its Imperial dimension. The US Empire is entangled [...]
GFC as a Bohemian Bankruptcy, a la Queen
The previous post was about 1 picture worth 1000 words.
This one is an alternative in video…
- lfo
Source: Barry Ritholtz
{notes taken from the GriffithREVIEW 25}
The globally connected, technologically enabled economy we have been experiencing in the last decade was born out of the ashes of the recession of 1982-83.
A common pattern was repeated throughout the developed world.
Technology transformed old industries, squeezing undreamt-of productivity from them, replacing antiquated mills and workplaces with new factories and [...]
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