The Fall of the Latin American Left, Part III: Argentina and the Right Winning Elections
How the Kirchner program in Argentina ran into the buzz saw of currency markets.
Read more...How the Kirchner program in Argentina ran into the buzz saw of currency markets.
Read more...Storied investor Howard Marks penned a not-very-positive post on private equity subscription lines of credit, echoing our earlier warnings.
Read more...The distress at traditional retailers has been made much worse by private equity asset stripping rendering them fragile.
Read more...Count on the banks to keep trotting out tired excuses for their too-big-to-faill ways.
Read more...The student debt problem is only getting worse and no one in power has any interest in addressing it.
Read more...Both consumer and commercial bankruptcies spiked in March– and the oil bust’s not to blame.
Read more...If you still doubt that Bharara and other federal prosecutors could have gone after bank executives but chose not to, this should settle it.
Read more...China’s debt markets are looking more and more like the West, circa 2007. And it’s not clear the government can intervene as successfully.
Read more...Real estate is again looking like a ticking time bomb. At super low interest rates, pray tell what does the Fed do if it blows up again?
Read more...We’ve written from time to time that not all debt is created equal. Prudent business borrowing enables companies to make investments and expand operations. And even though governments like the US that issue their own currency may nevertheless sell bonds, operationally they can simply create more dough to fund spending. The constraint on spending is […]
Read more...Auto loans are have been looking awfully bubbly….and the hangover has begun.
Read more...House Financial Services Committee chairman Jeb Hensarling takes his best shot at the CFPB and fails to land a single blow.
Read more...Debunking Republican canards about Dodd Frank.
Read more...As part of reviewing Obama’s legacy, Bill Black eviscerates how Sorkin’s book tried to exhonorate Hank Paulson for his crisis performance.
Read more...Chinese mortgages, which have been the driver of credit growth, are now hard to get. Is this just a short-term tightening?
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