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Since early this morning, we have had server problems. I think using Google's Feedburner with full feed has borked our server. So until we can figure out what happened, we are switching to summary feeds. However, a link to the full article…

This is just a brief update regarding changes at Credit Writedowns. First, you may have noticed that my posting schedule has slowed down a decent amount. I have a few things on my plate and haven't been able to devote as much time to…

It is the first of January - hangover day, football day (for those of us who follow the PL) and a general day of relaxation, although this time around the first workday of the year is already desperately close. For some, it is also a day…

Happy New Year, Credit Writedowns readers! I hope the new year finds you in good spirits. I am battling a bit of a cold but I am in pretty good spirits myself. So I want to use this opportunity to thank you all for supporting our site,…

Hi everyone. Forgive the long pause between posts. I haven't not posted for this long all year. But it is the holiday season and I found myself unexpectedly caught up in the events and just haven't blogged. The same goes for the other…

Mr. Obama's Most Recent "2%" Sellout is his Worst Yet Michael Hudson on how President Obama's economic policy has not benefitted ordinary Americans. On The Alleged Irish Bank Deposit Flight My view on why the incipient Irish…

Since I failed to put out a weekly update last week, this week's weekly will contain the most popular posts over the last two weeks. Jeremy Grantham has ‘already started to sell’ Great 30-minute CNBC interview with Jeremy Grantham in…

Real Estate Investors or Speculators?: Casey Research's thoughts on risk management amongst real estate investors makes one wonder how much real estate activity is purely speculative. The Problem With QE2: Comstock Partners explains…

We had a lot of good posts at Credit Writedowns this past week. Below is a list of the most-read. Enjoy. Chile: "We are very much concerned about what's happening with our currency": Comments by Chile's central bank…

Krugman: We Need $8-10 Trillion Worth of Quantitative Easing: Paul Krugman says the Fed would have to print multiple trillions of dollars to close the output gap. That's not going to happen. The implication is that money printing is all…