Why Extreme Inequality Causes Economic Collapse
A look at how rising inequality becomes systemically destructive.
Read more...Category Archives: Economic fundamentals
Wolf Richter: “Seriously Delinquent” Auto Loans Surge
Auto loans are have been looking awfully bubbly….and the hangover has begun.
Read more...When the IMF Evaluates the IMF
A recap of where the IMF admits that it screwed up. Also points out how the IMF overlooked a core methodology prone to errors and gaming.
Read more...The CFPB’s Big Opponent, Jeb Hensarling, Rivals Trump in the “Make Stuff Up” Category
House Financial Services Committee chairman Jeb Hensarling takes his best shot at the CFPB and fails to land a single blow.
Read more...In California Farm Country, Trump’s Deportation Threat Looms Large
A closer look at America’s dependence on de facto sanctioned but nevertheless illegal farm workers,
Read more...Euroland: Will the Netherlands Be the Next Domino To Fall?
The upcoming elections in the Netherland demonstrate how austerity is stoking anti-elitist, anti-Euro sentiments.
Read more...Trump’s and Hensarling’s Fact-Free Attack on Dodd Frank
Debunking Republican canards about Dodd Frank.
Read more...Prospects for Further Meaningful Wage Growth Are Dimming
Why the outlook for wage growth isn’t as sunny as the business press would have you believe.
Read more...“Inflation’s Comeback”
Some at-times unintentionally revealing Serious Economist discussions of inflation risk.
Read more...Bill Black: New York Times’ Andrew Ross Sorkin Tries to Make Hank Paulson a Hero
As part of reviewing Obama’s legacy, Bill Black eviscerates how Sorkin’s book tried to exhonorate Hank Paulson for his crisis performance.
Read more...“In Case You Thought Trump Was Imploding….”
A cool-headed look at some Trump indicators.
Read more...Chinese Mortgages Tighten Fast
Chinese mortgages, which have been the driver of credit growth, are now hard to get. Is this just a short-term tightening?
Read more...Women Skeptical of the Women’s March
A critical appraisal of the Women’s March.
Read more...Zero Interest Rates in EU: The Myth of the Poor German Saver
The ordinary German is much less well off than most foreigners would assume.
Read more...Why the Dakota Access Pipeline Doesn’t Make Economic Sense
The math on the Dakota Access Pipeline doesn’t add up.
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