The hottest Financial system Substack posts right now

And their main takeaways
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Economic solutions: How to go from financialized neoliberalism to a productive, sustainable economy

Geopolitical Economy Report • 358 implied HN points • 09 Feb 24
🌍 World Politics Financial system
  1. The discussion highlighted realistic alternatives to the neoliberal model of financialization and tangible policies to foster a productive, sustainable economy.
  2. A central idea was the need to reform the financial system to redirect lending towards sustainable production instead of predatory lending and speculation.
  3. The proposed economic solutions included transforming the financial system away from predatory practices, redesigning taxation to focus on economic rent, nationalizing land to eliminate rent, and implementing international currency systems focused on economic balance and stability.

Repo Crisis Revisited

The Dollar Endgame • 199 implied HN points • 13 Feb 24
💰 Finance Economic Crisis Federal Reserve Financial system Monetary Policy
  1. The repo market is crucial for global finance, and it broke down in September 2019, causing significant repercussions.
  2. The Federal Reserve has been deeply involved in the repo market to ensure the smooth functioning of the world's secured borrowing system.
  3. In September 2019, there was a sudden surge in overnight money market rates, leading to unexpected fluctuations and challenges in the financial system.

Can the EU Squeeze Hungary?

The Overshoot • 235 implied HN points • 31 Jan 24
🌍 World Politics EU Financial system Currency
  1. European leaders are exploring financial warfare against Hungary due to obstruction over aid to Ukraine
  2. Inflicting financial pain on Hungary may not work as the country has developed defenses against external pressure
  3. Hungary has had a persistent large current account surplus since the 2008 financial crisis
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Net Liquidity

The Dollar Endgame • 299 implied HN points • 05 Dec 23
💰 Finance Financial system Central Banks
  1. Liquidity is more than just central bank reserves; it's about the available cash for trading financial assets.
  2. Global liquidity, different from traditional money supply measures, is crucial for funding transactions and rolling over debt in financial markets.
  3. Increases in liquidity drive up prices of assets like equities, bonds, and cryptocurrencies as more dollars chase the same investments.

US Congress plots to save dollar dominance amid global de-dollarization rebellion

Geopolitical Economy Report • 677 implied HN points • 28 Jun 23
🌍 World Politics Geopolitics Global Economy International relations Financial system
  1. The US Congress held a hearing about the global movement toward de-dollarization, with concerns over challenges from China and Russia to the US financial system dominance.
  2. Lawmakers discussed how aggressive US sanctions weakened dollar dominance, pushing countries to seek alternative financial systems.
  3. Experts highlighted the economic benefits of the dollar's dominance, like lower borrowing costs and savings for the US economy, while warning about potential threats.

Party reform plan; Central Social Work Department 中央社会工作部; Qin Gang speaks with Ukraine FM; TikTok

Sinocism • 687 implied HN points • 16 Mar 23
🌍 World Politics Reform Financial system International relations
  1. A reform plan involving new Party bodies has been introduced to better control key parts of the system.
  2. The Central Financial Work Committee will impact the financial system, focusing on reducing corruption.
  3. The creation of the Central Commission for Science and Technology raises concerns about science and technology collaborations with other countries.

Colonialism or sovereignty? How the global financial system traps countries in debt

Geopolitical Economy Report • 358 implied HN points • 12 Jul 23
🌍 World Politics Debt crisis Global South Foreign Investment Financial system
  1. The global financial system traps countries in debt, reinforcing a neocolonial order, preventing development and prosperity.
  2. China's lending practices may not create a debt trap, but there are concerns about desperation for resources and risks of corruption.
  3. To address the systemic issues, a new financial system must be considered, one that focuses on canceling debts, renationalizing utilities, and reining in financial imperialism for broad-based prosperity and ecologically sustainable growth.

Economists Radhika Desai & Michael Hudson explain multipolarity, decline of US hegemony

Geopolitical Economy Report • 458 implied HN points • 14 Jan 23
🌍 World Politics International relations Geopolitics Financial system
  1. Economists discussed how the rise of a multipolar world and the decline of US hegemony are shaping global affairs.
  2. They highlighted the differences in financial systems between the US and China, emphasizing China's public utility approach to finance.
  3. The conversation touched on the importance of creating an international bank to oversee reserves and promote infrastructure development across countries.

More is coming soon!

The Dollar Endgame • 299 implied HN points • 07 May 23
💰 Finance Fintech Financial system
  1. The author, Peruvian Bull, is a fintech analyst focusing on finance and monetary economics.
  2. The author invites readers to join their journey to explore the darker aspects of the financial system.
  3. The post hints at more content to come in the future.

Systemic Incentives

Confronting the Future • 137 implied HN points • 30 Aug 23
💰 Finance Banking Stablecoins Financial system Inclusion Competition
  1. When you deposit money into your checking account, the bank can use it however they want and only pay you a tiny amount, like 0.42% on average.
  2. Using stablecoins backed by short-dated T-bills can eliminate subsidizing risky borrowers, black box bank solvency issues, and slow payment transfers.
  3. Stablecoins may revolutionize the financial system by ensuring users do not subsidize risky borrowers, avoiding complex bank solvency risks, and eliminating legacy payment delays.

Brazil and Argentina preparing new Latin American currency to 'reduce reliance on US dollar'

Geopolitical Economy Report • 358 implied HN points • 24 Jan 23
🌍 World Politics Latin America United States International relations Financial system
  1. Brazil and Argentina are planning a new Latin American currency called the Sur to enhance regional trade and reduce reliance on the US dollar.
  2. The new currency proposal requires analysis of various factors like fiscal issues and economic size, with a cautious approach as it may take years to develop.
  3. The initiative stems from a shared desire to lessen dependence on the US dollar, driven by ideologically similar governments in Latin America.

Bailout Brink

Three quarks • 128 implied HN points • 14 Mar 23
💰 Finance Economics Banking Cryptocurrency Financial system Market Trends
  1. The 2008 recession drastically impacted the trajectories and beliefs of different generations, shaping their careers and perspectives on work.
  2. The shift from 20th-century life-work balance to 21st-century always-on freelancing has redefined how we engage with news, videos, and money.
  3. Financial crises like the recession reveal the deep intersection between economy, personal identities, and societal structures, prompting reflections on the role of banks, governments, and personal financial management.

The Financial System is in a Death Spiral

Anxiety Addiction & Ascension • 59 implied HN points • 09 May 23
💰 Finance Economy Inflation Monetary Policy Central Banks Financial system
  1. The financial system is facing a crisis with inflation rates far exceeding official figures, leading to a significant decrease in purchasing power for individuals.
  2. Central banks are struggling to control inflation through traditional methods like interest rate hikes due to the risk of causing economic turmoil and further financial instability.
  3. There are no easy solutions to the current financial crisis - whether governments keep printing money or raise interest rates, both options have significant downsides that can lead to widespread poverty.

Bitvana or the bitcaust

Gray Mirror • 51 implied HN points • 22 Mar 23
🔮 Crypto Bitcoin Cryptocurrency Financial system Monetary Policy
  1. Belief in financial systems is crucial for their stability - don't always trust the doomsayers predicting collapse.
  2. Understanding the true nature of inflation and the power of the Fed in the financial system provides insight into market dynamics.
  3. Capital flight to assets like Bitcoin can occur due to factors like dilution, destruction, and compression - but the end game must be stability to be effective.

Fire and Ice

The Transcript • 39 implied HN points • 20 Mar 23
💰 Finance Economics Markets Inflation Financial system
  1. The Fed is facing the challenge of balancing inflation control with supporting the financial system.
  2. The impact of recent events on Silicon Valley Bank is causing uncertainty in the markets.
  3. Consumer spending remains steady amidst the uncertainties in the financial sector.

Unity Bank Fraud: An Unfolding Story Of Nigerian Corporate Malfeasance

westafricaweekly • 3 implied HN points • 02 Dec 23
💼 Business Fraud Banking Regulation Corporate Governance Financial system
  1. The former chairman of Unity Bank in Nigeria orchestrated a massive financial scandal involving billions of naira in non-performing loans and a dubious loan portfolio sale.
  2. The scandal involved regulatory malpractice, compliance fraud, and the misuse of bank funds by insiders, leading to severe financial harm to the bank and potential systemic risks.
  3. Despite clear regulatory violations, the bank's management, auditors, and regulators failed to take appropriate action, highlighting a need for thorough investigations and accountability measures.