How Housing Bubbles Destroy Productivity
More evidence that housing bubbles distort economic activity and act as a damper on growth.
Read more...More evidence that housing bubbles distort economic activity and act as a damper on growth.
Read more...Heavily indebted oil and gas companies have managed to hold off the day of reckoning, but analysts expect bankruptcies to spike.
Read more...Deutsche Bank isn’t likely to have much luck in trying to get a big break on a pending Department of Justice fine.
Read more...Why private debt is so dangerous, and why that risk looms large, particularly in China.
Read more...It’s becoming even more obvious that Fed policy is focused on keeping the bubble inflated over real economy concerns.
Read more...More concerned tea-leaf reading in the wake of a BIS report that sounded alarms about China’s debt growth.
Read more...What might Brexit-induced losses to the City cost the UK economy?
Read more...Is the ECB’s latest bond-buying program creating corporate winners and losers?
Read more...Picking apart the conflation of real capital with finance capital and explaining how that confusion undermines sound analysis of the crisis.
Read more...Deutsche Bank whistleblower Eric Ben-Artzi makes a huge financial sacrifice to call out corruption in SEC enforcement.
Read more...Yves here. This is a very important post, and sadly I’m not providing it with the introduction and commentary it warrants because I am scrambling to get organized to get out of town. By Daniela Gabor is associate professor in economics at the University of the West of England, Bristol. Originally published at the Institute […]
Read more...It been remarkable to witness the casual way in which central banks have plunged into negative interest rate terrain, based on questionable models. Now that this experiment isn’t working out so well, the response comes troubling close to, “Well, they work in theory, so we just need to do more or wait longer to see […]
Read more...Untangling the credit versus money focus in the critiques of financialization.
Read more...Investors in European bank shares are in a bit of a panic, and for good reason.
Read more...Insurers are going long risk at one of the worst possible junctures.
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