For those just tuning in: I wrote a piece a day for the first three days of this week on what we should probably now term the “Trump Tariff Financial Crisis”. The only missing piece was the international financial architecture part, which is the subject of today’s piece.| Notes on the Crises
Understanding what’s going on during the Trump Tariff stock market panic each day is extremely difficult. All of the most intricate and obscure questions about the Financial System’s “plumbing” become relevant all at once.| Notes on the Crises
I have a confession to make. Two months ago I tried to crash the stock market. Let me explain.| Notes on the Crises
It has been a little more than three weeks since my last piece, simultaneously published by Notes On The Crises and Rolling Stone, assessing the extremely alarming implications of the Federal Government taking 80.5 million dollars right out of New York City’s bank account.| Notes on the Crises
Federal Government’s mugging of New York City for FEMA funds suggests yes.| Notes on the Crises
I don’t really know what to say. I’ll figure out what to say another time. Paul Krugman, who recently left the New York Times, interviewed me for his newsletter and the transcript of the conversation, as well as the video, are being posted in both of our newsletters.| Notes on the Crises
Until Further Notice: Comprehensive coverage of the Trump-Musk Treasury Payments Crisis of 2025| Notes on the Crises
Please recommend an institutional subscription to your academic library or employer (details here) The debt ceiling was unsuspended January 1st of this year which means the debt ceiling is back. According to now-former Treasury secretary Janet Yellen, they began using “extraordinary measures” to avoid hitting the debt ceiling as of| Notes on the Crises
