No Bargain: Big Money and the Debt Ceiling Deal
What is the real reason Democratic party leaders go along with the debt ceiling ritual?
Read more...Category Archives: Credit markets
The Debt Ceiling End-Game
So what can the Administration do, instead of blink, in the debt ceiling staredown?
Read more...The Fed’s Interest Rates Are Still Fueling Inflation Rather Than Dousing it, and People Getting Used to this Inflation
Contrary to popular opinion, Fed interest rate policy is still permissive, if not quite as permissive as before.
Read more...Why I’m Skeptical of Powell’s Claim Red-Hot Rent CPI Will Just Vanish: Landlords Report the Opposite, Even for April
Oopsie! Still perceived-to-be-high housing prices, thanks to higher mortgage rates, is a landlord’s wet dream. Who’d have thunk it?
Read more...Peter Pan Bonds to the Debt Ceiling Rescue?
Yet another way to circumvent debt ceilng restrictions isn’t getting the consideration it warrants.
Read more...Is There Motive Behind the Fed Making Such a Mess of the US Bank Wobbles?
The Fed seems awfully indifferent to the (so far) low level bank crisis it has created.
Read more...What is Section 4 of the 14th Amendment, “The Validity of the Public Debt of the United States?”
As the Republicans are digging on raising the debt ceilings, the idea of a constitutional challenge is starting to get traction.
Read more...Michael Hudson: Debt and the Collapse of Antiquity – Part 2
Michael Hudson continues discussing his new book. focusing on the finer details of the fall of the Roman Empire and early Christianity.
Read more...The New Mortgage Fee Structure
Clearing up misinformation about the new Fannie Mae and Freddie Mac mortgage fees, coming into effect May 1.
Read more...Trouble in Multifamily CRE: Two Big Messes, and Investors Are on the Hook, Not Banks
Data about who holds CRE loans is incomplete, but more is owned by investors than the media generally acknowledges.
Read more...The Financial Crisis of 2023: Protecting Big Finance, Coming and Going
The financial system needs to provide a safe place for businesses to place their reserves and working capital.
Read more...Fed-Inflicted Bank Wobbles Persist as Investors Fret About Deutsche
Bank fundamentals do not look likely to get better any time soon, yet the Fed seems determined to make matters worse.
Read more...How Debt Dynamics Polarize Economic and Political Power
An overview from Michael Hudson’s new book, The Collapse of Antiquity, which extends his analysis of how debt creates an entrenched elite.
Read more...Crash Landing? Part 2 – The Usual Suspects
What parts of the financial system are most vulnerable to a crash?
Read more...What’s Actually Behind the Banking Crisis? Why You Pay When They Play.
Law and economics expert Walker Todd explains how a financialized system creates havoc and why it’s time to rethink banking
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