Credit Writedowns

The Germans are pressing a hard line on all fronts of the sovereign debt crisis in Europe – not only with austerity measures for Greece but for a planned European Monetary Fund (EMF) as well. The most critical part of the German negotiating…

Consider this: Despite a rising population, non-farm payrolls in the United States are lower than they were a decade ago. The unemployment challenge is not just cyclical, it is secular. Sectors of the economy with a challenge include…

MIT’s Johnson Says Too-Big-to-Fail Banks Will Spark New Crisis – Bloomberg.com Streit um Griechenland-Hilfe: Deutschland isoliert – n-tv.de New York Fed Warehousing Junk Loans On Its Books: Examiner's Report GMO's Edward Chancellor:…

This is a post which originally appeared at New Deal 2.0 by Randall Wray. L. Randall Wray, Ph.D. is Professor of Economics at the University of Missouri-Kansas City, Research Director with the Center for Full Employment and Price Stability…

I was just reviewing some of the commentary from this January's Barron's Roundtable. I thought Felix Zulauf's take on macro trends for investors was spot on.  His comments on currencies in particular inspired this post. Zulauf sees…

David Rosenberg, Chief Economist at Gluskin Sheff, has recently given a couple of different views about the near term future for housing prices. These views are different only in degree: both are negative. Home Prices May Drop 20% Further…

Highlights The US dollar’s underlying tone remains firm after recovering in the second half of last week.   Ahead of the EU Summit, Europe seems divided.  Germany’s Merkel is keen to dampen expectations that the summit will…

FT.com / Columnists / Wolfgang Munchau – Gaps in the eurozone 'football league' FT.com – Latvia's lessons Populous China heads toward labor shortage | The Japan Times Online FT.com – Germans oppose Greek aid, poll…

Jesse's Cafe Americain: Boehner Tells Bankers to Stand Up to Those Senate Punks A Glimpse at the Judge Who Rapped the SEC – WSJ.com Hey, That's My Jet! – WSJ.com Parenteau: The Hyperinflation Hyperventalists « naked capitalism…

Most Read Strategic default: In come the waves again The politicization of economic problems Germany backtracking on IMF involvement in Greece Roach: I think we should take the baseball bat out on Paul Krugman The Economy's Vicious…