Pragmatist

I just don't get it. The UK is awash with debt it can't shift, yet the UK government thinks it's a great idea to ensure that ...

Ominous bursts of smoke have been rising from Gillian Tett recently.  On September 12, the lady who gave us Fool's Gold pointed...

We saw a little sunlight on shadow banking back in 2010. But it transpires things went a little dark again for a while and, hey presto! ...

I enjoyed a great conversation with the Renegade Economist on Thursday. On the humorous side, it reminded me that: "Among the ...

Forget the credit crisis, we're in the midst of a deposit crisis.  In a series of excellent posts citing the NY Feds' work on shad...

Huge thanks to Gillian Tett for pointing out in Friday's FT the report on "Shadow Banking" by staff of the Federal Reserve B...