The United States’ Financial Quandary: ZIRP’s Only Exit Path Is a Crash
Michael Hudson takes a long, hard look at the origins and costs of the Fed’s ZIRP policy.
Read more...Michael Hudson takes a long, hard look at the origins and costs of the Fed’s ZIRP policy.
Read more...Given the complexity of the link between climate shocks and financial sector outcomes, the authors argue that current methods have several key limitations that may lead to significant underestimation of potential financial sector losses.
Read more...Why black patients burdened by medical debt are reluctant to solicit for funds.
Read more...Emerging economies look to be on the verge of a whole lotta debt hurt. Why does this happen to them so often?
Read more...Michael Hudson gives a globe-spanning look at recent economic and geopolitical events.
Read more...Mortgage predation is baaack! And the Wall Street Journal aids and abets it by choosing not to undertand the issues.
Read more...What is the real reason Democratic party leaders go along with the debt ceiling ritual?
Read more...So what can the Administration do, instead of blink, in the debt ceiling staredown?
Read more...Contrary to popular opinion, Fed interest rate policy is still permissive, if not quite as permissive as before.
Read more...Oopsie! Still perceived-to-be-high housing prices, thanks to higher mortgage rates, is a landlord’s wet dream. Who’d have thunk it?
Read more...Yet another way to circumvent debt ceilng restrictions isn’t getting the consideration it warrants.
Read more...The Fed seems awfully indifferent to the (so far) low level bank crisis it has created.
Read more...As the Republicans are digging on raising the debt ceilings, the idea of a constitutional challenge is starting to get traction.
Read more...Michael Hudson continues discussing his new book. focusing on the finer details of the fall of the Roman Empire and early Christianity.
Read more...Clearing up misinformation about the new Fannie Mae and Freddie Mac mortgage fees, coming into effect May 1.
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