Monetary System – Page 11 – Credit Writedowns

Credit Writedowns

Finance, Economics, and Markets

Why the Fed was talking to big money investors, leading to a major leak

Subprime auto delinquency rate at highest level since financial crisis

The re-nationalization of eurozone lending

Monetary policy is at the end of the line

The problem at euro banks

Low interest rates and banks’ net interest margins

Negative interest rates are just a tax on reserves that lowers net interest margins

How this business cycle ends due to credit writedowns

The Fed rate hike and the potential for US recession

Internal and external balance