asset-based economy – Page 8 – Credit Writedowns

Credit Writedowns

Finance, Economics, and Markets

Americans are now back to the overconsumption norm

More support for the asset-based economy status quo from Sir Alan Greenspan

Short sale fraud

Readers of this blog expect the recession to last redux

China takes steps to prevent overheating

Why economists failed to anticipate the financial crisis

Moving away from stimulus happy talk to focus on malinvestment

Stop the madness now!

Gross isn’t buying corporates, high yield or equities even with zero rates

Back to the future: Rosenberg says it’s like the crisis never happened