Category Archives: Credit markets

Odds of US Bank Failures Rise with Office Space Loan Losses, Fed Interest Rate Mismanagement

US bank pain: Loans for urban office buildings come a cropper as they were already suffering other interest rate losses.

American Household Debt: A Reappraisal

An attempt to correct the “blame the poors” approach to the reality and systemic risk posed by debt among lower-income borrowers.

Prof. Michael Hudson, World Predictions for 2024 (USA, UN, Palestine, Russia And BRICS)

Michael Hudson pulls out his crystal ball to forecast what might be in store for 2024.

Michael Hudson: Neoliberalism, Industrial Capitalism, and the Rise of Debt

Michael Hudson reprises favorite themes, particularly the role of rentiers and debt dynamics, with some new tidbits.

World Bank Enables Private Capture of Profits, Public Resources

The World Bank insists on private finance or economic recovery but does little to ensure profit-hungry commercial finance serves the public

Is China’s Economy Collapsing? Economic War! Michael Hudson & Richard D. Wolff

A wide-ranging talk, using Western bashing of China’s economy as a point of departure.

Is American Banking Safe? You Might Not Like The Answer from Two Fed Veterans

Walker Todd and Bill Bergman expose the untold story of banking instability, regulatory battles, and the struggle to protect the public.

How Finance Capitalism Ruined the World – Dr. Michael Hudson & Dr. Steve Keen

Micheal Hudson and Steve Keen review how finance capitalism prevailed over industrial capitalism, and why that produced bad outcomes.

Comparing How the West and China Offer Loans to Developing Countries

China challenges Western institutions. Each side offers distinct and competitive lending strategies for global infrastructure and development

Could It Be the Fed’s Mega-QE Created So Much Liquidity That Tightening Doesn’t Work until this Excess Gets Burned Up?

Financial Conditions loosen further: credit markets blow off the Fed to make sure “higher for longer” gets entrenched? That would be funny.

The Fed’s Bank Capital Three-Card Monte: Undermines Tighter Rules by Allowing Synthetic Risk Transfers to Famed Hedge Fund Bad Actors Like Magnetar, Ares

The Fed again seems unable to contain its bad impulses.

30-Year Treasury Yield Spikes Past 5%, 30-Year Mortgage Rates Hit 8%, Mortgage Applications Plunge

Treasury bond bloodbath, housing Market in deep-freeze, as delusions fade.

The Lehman Disaster and Why It Matters Today

On September 15, 2008, Lehman Brothers, a giant investment bank, filed for bankruptcy. The shock was profound; world markets melted down.

China Schizophrenia: Jake Sullivan Makes Demands, Press Fulminates Its Ambitions as While Overhyping Current Economic Wobbles

The West’s discomfort over China’s influence and economic stature is sometimes a bit too obvious.

How to Fix Monetary Policy in Advanced Countries

The monetary policy of major central banks in advanced economies have had negative consequences and thus need to be fixed.