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Tomorrow morning I will be at a conference on financial reform hosted by the Roosevelt Institute in New York City.  As far as bloggers go, I know that Yves Smith of Naked Capitalism and Mike Konczal of Rorty Bomb will also be there. So…

The following is a Wall Street Journal video on the sovereign debt crisis in Greece. Also see the associated article in the Wall Street Journal: Greece Set to Outline New Austerity Measures Wednesday.

Things are getting heated in the Greek sovereign debt crisis – with the main battle lines being drawn between Greece and Germany. There are a lot of stories in the German press about Greek profligacy and cheating (see German-language links…

If you didn't know, new credit card rules just came into effect. Jon Stewart has a pretty funny take on the industry. Make it rain, Bank of America, make it rain (credit card fees, that is)! Also see Learn How Canceling Credit Cards…

Double-dip recession may not be far off | Business | guardian.co.uk With All Due Respect, Arnold Kling | EconLog Six in 10 Underemployed Not Hopeful About Finding Work - Gallup Bank Profit Mirage Redux - Annaly Salvos Night of the…

Part 1 below is background and analysis   Part 2 is where Hendry and Stiglitz talk bailout with the Spanish Ambassador to the UK. Sparks do fly.

I have read a number of accounts in European newspapers. I am surprised at how many of them simply parrot the Financial Times Deutschland article about Germany bailing out Greece – a line which was later denied by the Germans.  Some…

I have shovelled snow for three days straight now. We got over 20 inches (50 cm) on Friday and Saturday. Yesterday morning, I went out for a brief drive to the grocery store. I was astounded how badly the major roads were plowed. There were…

This is how Stephen Roach describes the economy despite the largest monetary and stimulus in global history. Below is a TV interview Roach recently did on CNBC TV-18 as a video in two parts with the linked transcript at the bottom. …

The money line comes right at the end.