How Student Loans Became America’s Financial Catastrophe
How student loans became a vehicle for higher educational profiteering and exploitation of students.
Read more...Category Archives: Credit markets
Bond Markets Do Not Rule – Governments Do
A reminder that the bogeyman of bond vigilantes, as in investor/capitalist dominance, is overdone.
Read more...Financial Times Study, Finding Blacks Twice as Likely as Whites to Have Mortgage Applications Rejected, Reignites Debate Over Discrimination
A Financial Times study stirs the pot with a new analysis: blacks and other out groups still face considerable discrmination in lending
Read more...Tariffs and US Dollar Depreciations: Not So Surprising After All
How conventional thinking on how the dollar would respond to Trump tariffs missed a key factor: retaliation.
Read more...Fed Governor Lisa Cook v. Trump: “That Mortgage Document Doesn’t Say What You Think It Says”
More on the holes in the Trump allegations that Fed governor Lisa Cook committed mortgage fraud.
Read more...Michael Hudson: How Lenders Sought and Got Power in the Roman Era and Helped Legitimate Later Rentierism
Michael Hudson recaps the long history of limits on lenders’ rights for the benefit of society and how the Roman era was an inflection point
Read more...Trump’s Impact on the Financial Sector and Global Dollar System
A wide-ranging review of how unccordinated Trump policies undermine the dollar and the international banking system, and even each other.
Read more...Tucker Slams Predatory Buy Now, Pay Later Loans as the Economist Celebrates This New Debt Slavery Device
A relatively new financial product, buy now pay later loans, is deepening the misery of already over-extended Americans, especially Gen Z
Read more...“Could 2008 Happen Again?”
Private debt levels, particularly for real estate, look evocative of the 2008 crisis. But how is a rerun likely to differ?
Read more...Federal Reserve, Using Non-Compliant Accounting, Hides Over $100 Billion a Year of Losses and Resulting Negative Equity, Due to Illegal Bank Subsidies
A former Fed economist explains in detail how the central bank has been using dodgy accounting to hide losses from impermissible subsidies
Read more...Michael Hudson: From Babylon to Wall Street – How Bankers Make You Poor
A wide-ranging historical discussion with Michael Hudson, tracing the destructive rise the power of lenders from ancient times to today.
Read more...Fed’s Rates Not Restrictive for Markets. Financial Conditions Ultra-Loose. Manias Form, Margin Debt Blows Out, Junk Bonds Party in La-La-Land
Despite the Fed depicting its current rate policy as restrictive, manic pricing in many financial markets says otherwise.
Read more...Michael Hudson: Church and Finance – From the Crusades to World War I
Michael Hudson extends his historical review from debt in antiquity the role of the Catholic Church in the rise of banking and war finance.
Read more...Insurers Dump Catastrophe Risk of Climate Change and Earthquake to Chump Bond Investors. What Could Go Wrong?
Garden variety investors, including retail, are signing up to insure climate change and other disaster risk via catastrophe bonds.
Read more...Del Monte Foods Goes Into Bankruptcy: A Trump Tariff Casualty
Struggling Del Monte Foods keeled over due to its exposure to steel and aluminum cost increases from ‘Trump’s tariffs.
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