Tag Archives: banking

A Solution to the Financial Crisis? Sharia!

Italian economist Loretta Napoleoni (of Rogue Economics fame), blames the lingering financial crisis in part on the American War on Terrorism, which inaugurated an allegedly “suspicious attitude…toward Muslim investors.” She goes further though, and argues that the only solution to … Continue reading

Posted in Economics | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 2 Comments

Three Banks to Rule the World

The winners of the global financial turmoil look to be three American ‘superbanks’: JP Morgan Chase, Bank of America and Wells Fargo. The institutions have all grown to occupy such a predominant position in the marketplace, that all three recently … Continue reading

Posted in Economics | Tagged , , , , , , , , , , , , , , | Leave a comment

Anders Aslund on the Russian Economy

After forcefully savaging the Russian invasion of Georgia, controversial Swedish economist Anders Aslund lays out ten reasons he expects an impending economic collapse in Russia. Each point is sound, although some are more problematic than others. Particularly cogent are the … Continue reading

Posted in Economics, Foreign affairs | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Bernanke has a solution

FROM: Dr Ben Bernanke Central Bank of United States of America 01-658-555-1234 TO: CEO Lagos, Nigeria Dear Friend: I have been requested by the regional members Federal Reserve of the USA to contact you for assistance in resolving a matter. … Continue reading

Posted in Economics, Humor, Lance's Page | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment