Saturday, July 9, 2022

naked capitalism [new]

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• Links 7/9/2022
• Leverage & Interconnectedness Are Blowing Up Crypto & DeFi
• Rishi Sunak Could Become PM. Here's What He Doesn't Want You to Know
• 2:00PM Water Cooler 7/8/2022
• Think Johnson Has Had a Bad Week? He's Achieved What He Wanted
• Links 7/8/2022
• Washington Doubles Down on Hyper-Hypocrisy After Accusing China of Using Debt to "Trap" Latin American Countries
• Michael Hudson: From Junk Economics to a False View of History – Where Western Civilization Took a Wrong Turn
• CalPERS Cooks the Books While Taking an Unnecessary Loss to Exit $6 Billion of Private Equity Positions

Links 7/9/2022

09 Jul 2022 06:55 AM EDT

Leverage & Interconnectedness Are Blowing Up Crypto & DeFi

09 Jul 2022 06:48 AM EDT
What's different this time: Stuff blows up because of leverage and cascades through the crypto space because everything's interconnected.

Rishi Sunak Could Become PM. Here's What He Doesn't Want You to Know

09 Jul 2022 05:52 AM EDT
From offshore dealings to right-wing think tanks, a guide to Rishi Sunak, the man who could become the UK's richest PM

2:00PM Water Cooler 7/8/2022

08 Jul 2022 02:00 PM EDT
~ Today's Water Cooler ~

Think Johnson Has Had a Bad Week? He's Achieved What He Wanted

08 Jul 2022 09:55 AM EDT
Johnson's political project was to destroy what trust was left in UK politics. And he's succeeded

Links 7/8/2022

08 Jul 2022 06:55 AM EDT

Washington Doubles Down on Hyper-Hypocrisy After Accusing China of Using Debt to "Trap" Latin American Countries

08 Jul 2022 06:48 AM EDT
Washington has intensified its Latin American charm offensive (onus on the word "offensive") by warning of the dangers posed by China's increasing use of "debt trap" diplomacy in the region.

Michael Hudson: From Junk Economics to a False View of History – Where Western Civilization Took a Wrong Turn

08 Jul 2022 06:25 AM EDT
Hudson reviews how economics has misrepresented the evolution of money and land ownership and promoted oligarchy.

CalPERS Cooks the Books While Taking an Unnecessary Loss to Exit $6 Billion of Private Equity Positions

08 Jul 2022 06:20 AM EDT
CalPERS has just made an openly value-destroying sale of private equity holdings. So who at CalPERS is benefitting from this gift to buyers?



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