Wall Street’s Useful Idiot: Financial Times Shills for CLOs….as Fed Hasn’t Bailed Them Out
A major story on the CLOs chooses not to address the key questions.
Read more...A major story on the CLOs chooses not to address the key questions.
Read more...Why negative interest rates were a bust.
Read more...What the Federal Reserve has been up to lately, such as bailing out the shale gas industry.
Read more...Keeping tabs on Fed munificence.
Read more...Michael Hudson explians why the coronavirus bailouts are even more of a gimmie to the rich than they look.
Read more...Muni purchases are finally here
Read more...Modern Monetary Theory has a new convert. Too bad Americans are behind the curve.
Read more...Another sign that America has gone banana republic: Brady Bonds, used in the Latin American debt crisis, would be suitable medicine for our corporate debt hangover.
Read more...The UK embraces modern monetary theory….and perhaps hopes no one notices.
Read more...The Fed just told everyone to assume the brace position.
Read more...So many coronavirus panics that a looming risk is getting little notice: implosion of Italy’s banks, a potential Credit Anstalt event.
Read more...Coronavirus risks a series of shortages that can be mitigated only by bringing some production back home.
Read more...The coronavirus spread is setting up a nasty real economy-financial system contraction.
Read more...Yet more official hand-wringing about interest rates…when they aren’t the core economic problem.
Read more...Sweden throws in the towel on its negative interest rate policy as inflation stays stubbornly low.
Read more...