Tag Archives: financial system

Lack of Regulation of Shadow Financial Institutions

Beyond the banking world, a parallel universe of shadow banks has grown in the form of hedge funds and money market funds. They’re outside the reach of conventional financial regulation, prompting authorities to plan introducing new rules to prevent the … Continue reading

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O que há de escandaloso no escândalo Libor?

Desde o dia 4 de julho, noticia-se um escândalo envolvendo uma coisa chamada Libor. Chamar a manipulação da Libor de escândalo é desviar as atenções do fato de que se trata de mais uma forma normal de acumular capital. Em … Continue reading

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O capitalismo neoliberal está morto: que venha o capitalismo regulado

O coração do sistema, os bancos, já não funciona. E não há como fazê-lo voltar segundo a fórmula tradicional, antes da liberação financeira, de captação de recursos no mercado a curto prazo e financiamento do sistema produtivo a longo prazo. … Continue reading

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Instability in Financial Markets – Sources and Remedies

In the seemingly never-ending aftermath to the economic crisis that began in 2007, there is little disagreement that financial markets are characterized by instability rather than stability. Minsky enjoyed a strong following amongst Post Keynesian economists, but he was almost … Continue reading

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The European Central Bank Fiddles While Rome Burns

“To some people, the European Central Bank seems like a fire department that is letting the house burn down to teach the children not to play with matches.” So wrote Jack Ewing in the New York Times last week. He … Continue reading

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Inundar de dólares para no ahogarse

Con el objetivo de destrabar el circuito de créditos al consumo, a empresas y entre entidades financieras, las principales bancas centrales del mundo dispusieron una amplia red de disponibilidad de recursos. Respuesta positiva de las Bolsas. Las principales autoridades monetarias … Continue reading

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Como o capital financeiro privatizou o Estado nos EUA

O ex-economista chefe do Fundo Monetário Internacional, Simon Johnson, escreveu, em 2009, sobre o golpe silencioso que levou à “reemergência de uma oligarquia financeira americana”. Johnson deixou claro que não tinha a intenção de usar “golpe” como um floreio retórico … Continue reading

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Un reclamo para que se regule a los mercados

“Lo que estoy proponiendo es volver al capitalismo en serio, porque esto que estamos viviendo no es capitalismo, es un anarcocapitalismo financiero total, donde nadie controla nada. Resulta que tenemos que controlar a los países a ver cómo ajustan. Por … Continue reading

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IMF tells Latam to be prepared for a “triple shock”, in the worst of scenarios

Read Latin American policy makers must be prepared to use interest rate cuts and consider fiscal measures to protect their economies in the event that the global economy stalls, the International Monetary Fund said. Should recessions in Europe and the … Continue reading

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World facing worst financial crisis in history: Bank of England Governor

Read The world is facing the worst financial crisis since at least the 1930s “if not ever”, the Governor of the Bank of England said last night. Sir Mervyn King was speaking after the decision by the Bank’s Monetary Policy … Continue reading

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