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Year: 2021

Painful Dynamics (Tragedy Of The Excluded)

January 3, 2021February 13, 2021

Late last month, in “Superfluous People And The Arraignment Of Capitalism,” I cited economist Anne

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18 Comments on Painful Dynamics (Tragedy Of The Excluded)

What To Expect From The First Week Of The Rest Of Our Lives

January 3, 2021January 4, 2021

The first week of the new year promises no shortage of melodrama in the US,

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2 Comments on What To Expect From The First Week Of The Rest Of Our Lives

Dogma

January 2, 2021January 26, 2021

On Saturday, after putting the finishing touches on “Something Crazy In The Air (Fried Egg),”

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23 Comments on Dogma

Fire Jugglers

January 2, 2021January 4, 2021

Remember: Nothing should surprise you anymore. With that in mind, the number of Republican senators

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7 Comments on Fire Jugglers

‘Something Crazy In The Air’ (Fried Egg)

January 2, 2021January 18, 2021

Last month, Larry Summers fretted that “when you see the two extremes agreeing you can

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7 Comments on ‘Something Crazy In The Air’ (Fried Egg)

Manual Override

January 1, 2021January 4, 2021

In a stinging, albeit expected, rebuke, the Senate on Friday overruled Donald Trump’s attempt to

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7 Comments on Manual Override

Unintended Consequences: US Housing Bubble Edition

January 1, 2021January 8, 2021

Ostensibly, record-low mortgage rates help make homes more affordable, but surging prices have put homeownership

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D-Lister Forces Delistings After Three Years Of Decoupling

January 1, 2021January 4, 2021

Say goodbye to the US listings of China Mobile, China Unicom, and China Telecom. The

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Monthly Letter+

  • Lost At Sea

    March 11, 2023March 11, 2023

Week’s News

Book Closes On Credit Suisse After 167 Years

March 19, 2023March 20, 2023

Trump Says He’ll Be Arrested Tuesday

March 18, 2023March 20, 2023

Behind The Scenes Of An American Bank Panic

March 17, 2023March 19, 2023

First Republic Rescued, Dimon Met With Yellen

March 16, 2023March 17, 2023

Credit Suisse Spirals As Bank Crisis Threatens To Claim A SIFI

March 15, 2023March 16, 2023

Most Read

  • Moment Of Truth Arrives For Fed In Crisis Mode
    Moment Of Truth Arrives For Fed In Crisis Mode
  • Book Closes On Credit Suisse After 167 Years
    Book Closes On Credit Suisse After 167 Years
  • Mike Wilson Sees Bank Crisis As Bear Market Crescendo
    Mike Wilson Sees Bank Crisis As Bear Market Crescendo
  • UBS Offers To Buy Credit Suisse For A Song In 2008 Echo
    UBS Offers To Buy Credit Suisse For A Song In 2008 Echo
  • The Swiss Killed The CoCos
    The Swiss Killed The CoCos

Recent Comments

  • rem on Risk Of Minsky Moment High With ‘Airplane In A Tailspin’
  • Mr. Lucky on Mike Wilson Sees Bank Crisis As Bear Market Crescendo
  • Ethan Fanshel on Big Picture Takeaways From The Credit Suisse Bond Wipeout
  • Btfl on The Swiss Killed The CoCos
  • derek on The Swiss Killed The CoCos

Monthly Letters

Lost At Sea

March 11, 2023March 11, 2023

Exiles On Main Street

February 4, 2023March 11, 2023

That’s Great, It Starts With An Earthquake

January 22, 2023February 4, 2023

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