Category: Global Economics

The interest rate business model is dead. Negative interest rates killed it, with no replacement in sight.

Let’s take a look at Tweets from some of my favorite Twitter posters.

Last week, the ECB tried to make loans more tempting to banks, but the banks wanted no part of it.

Assume Iran is responsible for the attack on Saudi Arabia. Was it justified?

Last week, Denmark’s central bank cut its deposit rate to -0.75%. Banks will pass this on to large customers.

The strategies of Labour and the Lib Dems show they will split the Remain vote. This greatly enhances the odds…

Women are slowly catching up to men in median wages but growth has been pathetic across the board.

With $1.4 trillion in excess reserves, how can there be a problem with overnight funding?

Movement by the EU, by Boris Johnson, and most importantly by Ireland suggests a good chance of a reasonable deal.

Multiple cities in Illinois are forced to cut police, fire departments and other city services to fund pension plans.