Welcome to Bookmarker!

This is a personal project by @dellsystem. I built this to help me retain information from the books I'm reading.

Source code on GitHub (MIT license).

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6 years, 3 months ago

the contagion effect of asset dumping

[...] the dumping of other (non-Greek) assets to cover their (Greek) losses, which then lowers the value of the unrelated assets, eventually leading to a fire sale of good assets as a whole [...]

—p.64 Austerity: The History of a Dangerous Idea Europe--Too Big to Bail (51) by Mark Blyth
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6 years, 3 months ago
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6 years, 3 months ago

Keynesianism vs neoliberalism

[...] who should get, for example, a tax cut? The Keynesian wants to give it to the poor so they will consume now to boost demand and consumption. Meanwhile, the neoliberal wants to give it to the rich to invest wisely. [...]

—p.39 America: Too Big to Fail? (21) by Mark Blyth
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6 years, 3 months ago

the consequences of disintermediation

[...] as financial markets became more deregulated in the 1980s, large corporations began to use their own cash reserves, lending them to one another directly--they disintermediated--bypassing banks and squeezing bank profits. [...]

—p.24 America: Too Big to Fail? (21) by Mark Blyth
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6 years, 3 months ago