‘We’re Not Doing That’: Why a Black Couple Wouldn’t Crowdfund to Pay Off Medical Debts
Why black patients burdened by medical debt are reluctant to solicit for funds.
Read more...Category Archives: Credit markets
A New Third World Debt Crisis? The Need for System Change
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 at Global University, Hong Kong, on Ukraine, Europe, China, and the Dollar’s Future
Michael Hudson gives a globe-spanning look at recent economic and geopolitical events.
Read more...Wall Street Journal Aids Vulture Investors Threatening Second Mortgage Borrowers With Foreclosure….on (Nearly Always) Legally Unenforceable Debt
Mortgage predation is baaack! And the Wall Street Journal aids and abets it by choosing not to undertand the issues.
Read more...No Bargain: Big Money and the Debt Ceiling Deal
What is the real reason Democratic party leaders go along with the debt ceiling ritual?
Read more...The Debt Ceiling End-Game
So what can the Administration do, instead of blink, in the debt ceiling staredown?
Read more...The Fed’s Interest Rates Are Still Fueling Inflation Rather Than Dousing it, and People Getting Used to this Inflation
Contrary to popular opinion, Fed interest rate policy is still permissive, if not quite as permissive as before.
Read more...Why I’m Skeptical of Powell’s Claim Red-Hot Rent CPI Will Just Vanish: Landlords Report the Opposite, Even for April
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...Peter Pan Bonds to the Debt Ceiling Rescue?
Yet another way to circumvent debt ceilng restrictions isn’t getting the consideration it warrants.
Read more...Is There Motive Behind the Fed Making Such a Mess of the US Bank Wobbles?
The Fed seems awfully indifferent to the (so far) low level bank crisis it has created.
Read more...What is Section 4 of the 14th Amendment, “The Validity of the Public Debt of the United States?”
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: Debt and the Collapse of Antiquity – Part 2
Michael Hudson continues discussing his new book. focusing on the finer details of the fall of the Roman Empire and early Christianity.
Read more...The New Mortgage Fee Structure
Clearing up misinformation about the new Fannie Mae and Freddie Mac mortgage fees, coming into effect May 1.
Read more...Trouble in Multifamily CRE: Two Big Messes, and Investors Are on the Hook, Not Banks
Data about who holds CRE loans is incomplete, but more is owned by investors than the media generally acknowledges.
Read more...The Financial Crisis of 2023: Protecting Big Finance, Coming and Going
The financial system needs to provide a safe place for businesses to place their reserves and working capital.
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