Category Archives: Real estate

Michael Hudson on Parasitic Financial Capitalism

An interview with Michael Hudson on his latest book, Killing the Host, which focuses on the destruction wrought by financial capitalism.


Why Are Fannie and Freddie Raising Their Foreclosure Timeline?

One of the major fallacies skillfully employed by the lending industry since the foreclosure crisis is that the meddling defense attorneys and pro se litigants were clogging the courts with their dilatory motions and challenges, unnecessarily prolonging the foreclosure process, creating neighborhood blight and costing homeowners billions in property values by preventing “market clearing.” This […]


Wolf Richter: Foreign “Smart Money” Frets about Turmoil at Home, Flees, Plows into US Housing Bubble 2, Thinks it’s a “Safe Haven”

Lambert: Just what we need; more 1%-ers. And if turmoil in emerging markets keeps up, we’ll have more of ’em, as conditions “at home” sharpen. By Wolf Richter, a San Francisco based executive, entrepreneur, start up specialist, and author, with extensive international work experience. Originally published at Wolf Street. Wealthy, very nervous foreigners yanking their money […]