Credit markets

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Former Board Member Jelincic: CalPERS Claims It Is Protecting Confidential, as in Criminal, Informants in Hiding Details About Lending

Published by Anonymous (not verified) on Tue, 25/08/2020 - 12:42pm in

CalPERS made damaging statements to justify withholding information about private loans. That suggestswhat it was hiding is even worse.

Mortgage Delinquencies Jump by Most Ever. 60-Day Delinquencies Hit Highest Level Ever. Record 16% of FHA Mortgages Delinquent. What a Mess

A spike in mortgage delinquencies says more bad results are coming, particularly with no new stimulus in sight.

“Savings Glut” Fables and International Trade Theory: An Autopsy

Published by Anonymous (not verified) on Wed, 12/08/2020 - 4:55pm in

Debunking Bernanke's pet excuse for the global financial crisis, the savings glut hypothesis, which of course exculpates the Fed.

Why International Financial Regulation Still Falls Short

Financial regulators still don't like to tame bubbles even after seeing how costly it is when they go boom. Shame, that.

Yanis Varoufakis: Why Bitcoin Is Not a Socialist’s Ally – Reply to Ben Arc

Published by Anonymous (not verified) on Wed, 29/07/2020 - 11:55pm in

Debunking some major misperceptions about potential roles for Bitcoin and blockchain.