May 25, 2017

Three Central Banks Surprise… Desperation in Three Part Harmony

  Yesterday, the New York Times reported that in a single hour three central banks… one in … [Read more...]

IMF | Stop the Foreclosures! Principal Reductions Now!

IMF: Principal Reductions Now! The International Monetary Fund has explicitly called for principal … [Read more...]

Some Advice from the IMF: Cramdown Mortgages in Bankruptcy

The International Monetary Fund has focused its critical gaze on us. Just in time for the … [Read more...]

Lovely: Spain now looking for a $125 billion bailout

Another one bites the dust. Friday, the International Monetary Fund informed the world that, in … [Read more...]

Lovely: Spain now looking for a $125 billion bailout

Another one bites the dust. Friday, the International Monetary Fund informed the world that, in … [Read more...]

Debt Forgiveness – The IMF, Iceland, and the U.S. of the 1930s all say it works

The International Monetary Fund (“IMF”), in its latest World Economic Outlook, stated quite clearly … [Read more...]

Dominique Strauss-Kahn tangled up in hooker orgy investigation

Creepy. Today is Mardi Gras and, if I’m going to give up sordid gossip for Lent, then … [Read more...]

Ice, Ice Baby – Iceland’s people give cold shoulder to paying for acts of reckless bankers.

Note to the reader… Just in case you’re not all that interested in Iceland, I would … [Read more...]

NY TIMES- HOW THE BANKS SUNK THE ECONOMY

The text below could have been lifted directly off my page–or that of any one of the handful … [Read more...]

Books That Matter: Crisis Economics, by Nouriel Roubini & Stephen Mihm

I just finished reading: Crisis Economics – A Crash Course in the Future of Finance, by Nouriel … [Read more...]

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