Mon 2008-06-30 00:00 EDT
"We are in this mess because consumers and the government were both spending more money than they have, year in and year out, racking up debts well beyond their ability to finance them."
Mish's Global Economic Trend Analysis; Shiller's Keynesian Claptrap.
Tue 2008-06-17 00:00 EDT
global CDO issuance down 94% YOY; death of structured finance leaves Wall Street production lines idle
Tue 2008-06-17 00:00 EDT
Fri 2008-06-06 00:00 EDT
"Robert Cassidy, former assistant U.S. trade for Asia and for China, and Bill Clinton's point man in negotiating China's entry into the WTO, now admits the agreement was flawed from the start, benefiting two groups: multinationals that moved to China and financial firms that financed those investments."; "how globalization was designed"
Angry Bear; confessed; Failed Trade Policy; guys; Negotiated China's Entry; WTO.
Sat 2008-05-17 00:00 EDT
Winter (Economic & Market) Watch >> Credit Cards: Terminal Ponzi Finance
credit cards; economic; Market; Terminal Ponzi Finance; watch; winter.
Sun 2008-05-04 00:00 EDT
by Robert Parry | The Smirking Chimp; Reverend Sun Myung Moon "has invested billions of dollars in financing the U.S. conservative movement and put fat wads of cash into the pockets of many prominent Republicans, including members of President George W. Bush's own family." Rev. Moon's lurid sex scandals, espionage, media empire, drug trafficking, gun-running
Thu 2008-04-10 00:00 EDT
Citi selling 12 billion leverage loans at big discount
Citigroup; Mish's Global Economic Trend Analysis; Ponzi Financing.
Thu 2008-03-27 00:00 EDT
"Cassandra has given an argument for my gut instinct that if the credit crisis cannot be arrested...the path we are on is deflationary rather than inflationary"
Wed 2008-03-26 00:00 EDT
Winter (Economic & Market) Watch >> Mad Max Check Out Time; "The lender of only resort to the shark in suits black box crony capitalists has caused quite a splash. It is clear to me that the Pig Men will line up around the block to get the kind of terms offered in the JPM-BSC Ponzi finance liquidation"
Tue 2008-01-08 00:00 EST
Winter (Economic & Market) Watch >> This is Not a Drill: "...since transparency in American finance has to be at rock bottom, it appears lending is seizing up, and capital is being destroyed. Thats what we would expect at the terminal phase of a massive credit Bust."
Sun 2007-12-23 00:00 EST
deals still getting done; bottom will not occur until nearly impossible to get a deal done
Minyan Mailbag; Mish's Global Economic Trend Analysis; Vulture Financing.
Fri 2007-12-07 00:00 EST
by Elaine Meinel Supkis; "expecting China to begin pressuring Japan into a joint currency rise based on secret protocols which concerns military presence in Asia of the US fleets"
Mon 2007-11-05 00:00 EST
Credit derivatives | At the risky end of finance | (CDS debacle looming)
Mon 2007-10-08 00:00 EDT
Willem H. Buiter and Anne C. Sibert: A brief history of securitisation and off-balance sheet finance (SIV; subprime implosion; lender of last resort (LOLR))
Market; Maverecon; murdering; whodunnit; Willem Buiter's Blog.
