A state-owned bank on the model of the Bank of North Dakota can provide low-interest loans, liquidity and financial sovereignty, writes Ellen Brown.
Changing the Rules of the Banking Game
Tag: SVB
No Billion-Dollar Bailouts For Africa
Despite the millions more people in Africa — particularly women — now engulfed by extreme poverty after Covid, Vijay Prashad notes the absence of urgent phone calls between world capitals or emergency Zoom meetings between central banks.
The Billionaire Bailout Society
The collapse and bailout of Silicon Valley Bank shows little has changed for reckless financial actors, writes Les Leopold. If financial institutions are so interconnected that we can’t let them fail, they should be run as publicly owned utilities.
Why SVB & Signature Bank Failed So Fast
While the most common type of risk faced by a commercial bank is a jump in loan defaults – known as credit risk – that’s not what is happening here, writes Vidhura S. Tennekoon.