Browsing Tag

Volcker

Interesting Articles

2008 06 - Next Phase of the Credit Crisis to Hit Credit Default Swaps $62 Trillion Market2008 06 - Frank-Dodd Rescue Prolongs Housing Crisis by Deferring Defaults2008 06 - Federal Reserve and ECB are in no mood to save us from the…

It’s the debt, stupid

Note from June 2010: You'll forgive me if I have conflated private and public sector debt below as if they are the same. They are not. When I speak of deficit spending in the same voice as private sector debts, I really point to deficits to…

The US Economy 2008

This blog entry is an updated version of something I wrote way back in 2004. I wrote 90% of this 4 years ago when housing prices were much lower. The fact that I can re-publish this today, largely unchanged, demonstrates how the housing…

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More