fake recovery – Credit Writedowns

Credit Writedowns

Finance, Economics, and Markets

Predicting the future of policy making

The End of the Fake Recovery

Mervyn King: “Systemic Insolvency Is Now The Problem”

Cecchini: U.S. Consumers in `Dire’ Credit Situation

Recovery Triumphalism and the Committee to Save Wall Street

The next crisis is already under way

The recession is over but the depression has just begun

The mother of all inventory corrections is not the same as re-stocking

Is economic boom around the corner?

Discerning a real from a fake, technical, statistical, or partial recovery