And on Earth 616 he's the nemesis of Ant Man (Hank Pym) and the Wasp

Unproductive and aggressive? Rebuild a sovereign wealth fund/war chest for next time of course, dropping a billion or so here and there in the hands of Americans, leading European politicians and Far Right party coffers.

the 1990s. Rather, my guess is waves of new loan subsidies targeting housing, infrastructure etc. as a means of heading off any post-invasion downturn/minimizing the effects of excess capacity.

Can see VAT being cut (a "peace dividend"), but not income tax (the basis on which its charged was changed). The social democratic model is an option in theory, but not in reality for such a corrupt shithole, which also lacks the capacity to adopt it e.g. state housing was largely privatized in

* folk continuing to confuse/conflate Trump rhetoric with policy remains mind boggling. The same expert notes "in government and Congress there are other strands which shape the eventual policy mix", which is true and according to the latest draft Defense spending bill worth just $400m for Ukraine

Got put on a block list for pointing out Russia has relatively low taxes -leaving ample scope for more- and that was without comparing its current rates to historic examples of countries at war. So hard agree. One caveat: tax rises also tell outsiders the economy isn't impregnable albeit the US DGAF

thanks for the correction

2/2 This will add to business costs at a time when central bank lending data for individual entrepreneurs is already hitting payday lender levels of overdue debt.

Everyone knows his best work was the original Spyro the dragon soundtrack.

Except re: Europe and Ukraine, his officials have been carrying it out for months. So maybe you should be a lil bit alarmed or you could just sneer. Tough call.

(e.g. here's Kristi Noem stumping for a Far Right Polish politician as per the NSS policy of supporting "patriotic" European parties)

Unfortunately, the London Interbank Offered Rate (LIBOR) i.e. how much major banks charged each other for short-term loans, became a meaningless measure of wholesale funding stress because (a) banks simply stopped lending and (b) it was rigged to give the impression of normalcy.

* And then there was RBS. All of the above applies, but it, like HBoS, also engaged in other forms of dumb lending including LBOs and "shit" (ship) finance, as well as actual sub-prime lending. Finally, it pissed an actual >£40bn cash up a wall buying ABN AMRO during a liquidity crisis.

5/5 The broader lessons then concern risk appetite, funding, business models and credit quality (besides sector exposure), and the caliber and scope of bank regulators. For example, in the UK a Prudential Regulation Authority was established in 2013 and wholesale funding cut to 10% by 2016.

4/5 Observing this was a toothless regulator lacking explicit prudential authority, but with a box ticking mindset and staff who, when they weren’t distracted by bank capital accords, were applying for better paid jobs advising banks on how to keep the regulator off their backs.

3/5 which averaged 25% of total bank funding in 2006. Outliers here included Northern Rock (75%) and HBoS (50%), indeed, when wholesale markets froze following the Bear Stearns collapse. the wholesale funding % became a predictor of which would be the next British bank to fail/be taken over.

2/5 business model of rapid growth via increasingly dumb property lending. Britain avoided NINJA loans, but did see the 125% mortgage and banks treating clapped out nursing homes like they were prime London offices. To finance this banks made extensive use of (very) short term wholesale funding,

They don't?