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Credit Writedowns

Goodbye to Credit Writedowns

Risks to growth and inflation helping keep long rates down

What’s your model on how real GDP grows durably?

Dean Baker: I saw this scenario in 2002

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Conservatorship of GSEs is bad for the dollar and inflation

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Marc Faber: “I think a lot of banks are already bankrupt”

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News Round-up: 11 Jul 2008

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Federal takeover of GSEs now in the works

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Citi close to selling German unit

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Is the Fannie-Freddie debacle the result of a backroom deal?

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Spain can’t sell its bonds

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If you can’t afford food, steal it: lessons from Japan

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The money shufflers

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