Archives: January 2020

Iran, Fracking, and Solar

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With the current military escalation related to Iran, it’s time to ask again why we are so mired in the affairs of a handful of very small countries in the Middle Eas

Will regulators spot the next financial crisis in time? Hell, no.

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In the 2008 financial crisis, financial derivatives played an outsized role. While there would not have been a financial crisis if a trillion dollars of substandard mortgage loans had not been made, the carnage was amplified when savvy investors bet against those mortgages by buying derivatives known as credit default swaps.