To stimulate the economy, create new jobs and generate new GDP requires an injection of new money. Borrowing from the bond markets or off-balance-sheet in…
United States Treasury security
Italy Referendum, Italy-EU Bank Crisis, and Europe Unraveling’
Global Equity Markets In the past year the stock markets in China erupted, contracting by nearly 50% in just three months, after having risen in…
The year 2016 has hardly begun and the losses in different stock markets around the world care colossal: nearly 8 trillion US dollars during the…
Everyone take a deep breath. This isn’t 2007 again. The banks aren’t loaded with $10 trillion in “toxic” mortgage-backed securities, the housing market hasn’t fallen off a…
Much has been written and broadcast over the past few weeks in the financial media and the business pages of general-interest newspapers debating the wisdom…
Economic forecasting is a mug’s game. One thing that has been learned from the financial crisis and Great Recession is that even those equipped with…
Over the past few years the dollar has staged an impressive comeback. Not because there’s anything fundamentally good about this currency’s future prospects, but because…
Updates on Japan's Recession, half of New York City economically in trouble, ACA deductibles undermine affordability, Million student March, another crooked capitalist. Response to listeners…
Everyone has seen the chart of "Total Credit Market Instruments", which as of its most recent update on March 31, 2015, was just over $59…
The global market volatility of the past month that sent U.S. stocks to their worst quarter in four years shows no signs of letting up…
It’s been so easy the past 15 years for local governments in the USA, state governments, government authorities, corporations, banks, hedge funds and the US…