bailouts Archives - Rethinking the Dollar

The Making of A Monetary Crisis By 2020

Mar 9, 2023 | Financial Literacy, Monetary Education

Article originally appeared on The Project Syndicate (here) and written by economist Nouriel Roubini. As we mark the decennial of the collapse of Lehman Brothers, there are still ongoing debates about the causes and consequences of the financial crisis, and whether...

‘Capitalism’ On Life Support… Time For A Cure

Apr 25, 2020 | Economic Collapse

The Covid-19 pandemic is unleashing obscene bailouts of Western industries and companies, as well as lifelines for billionaire business magnates. It is grotesque that millions of workers are being laid off by corporations which are in turn receiving taxpayer funds....

Mitch McConnell Says Struggling States Should File For Bankruptcy

Apr 22, 2020 | Economic Collapse

Over the past month, the economic shutdown resulting from the coronavirus pandemic – which as we hear every day was “nobody’s fault” just to make sure there are no unpleasant mentions of moral hazard during the biggest bailout in history…...

There’s A Major Banking Crisis Unfolding In China

Jan 1, 2020 | News

The Chinese government isn’t exactly famous for its honesty and transparency. So when the Chinese regulators are starting to openly report trouble in their banking system, it’s time to take notice. According to the People’s Bank of China (PBOC)’s “2019 China Financial...

Where’s The Inflation? It’s In Stocks, Real Estate, And Higher Education

Dec 19, 2019 | Uncategorized

In my days before I worked for the Mises Institute, I had a colleague who knew I associated with Austrian-school economists. In the wake of the bailouts and quantitative easing that followed the 2008 financial crisis, he’d sometimes crack “where’s all that inflation...