solvency – Credit Writedowns

Credit Writedowns

Finance, Economics, and Markets

In defense of the Fed’s junk bond campaign

What do bank share prices tell us about growth?

Abenomics and Japan’s disastrous macro plans

When do we call it a solvency crisis?

What about a country that adopts a foreign currency? Part Two

The only real solution to the European debt crisis is credit writedowns

National Solvency and the Special Case of the US Dollar

Auerback: In Europe, national solvency first, then aggregate demand

Ignore Egan-Jones at Your Peril

Italy’s debt woes and Germany’s intransigence lead to Depression