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Markets
David’s weekly update on the financial markets and economy
Economics
Hank Paulson, TARP, and an Economy on the Brink
Many of my readers know that I am: (a) Reading every single book that comes out on the economic crisis of 2008, and (b) Reviewing every single credible book that comes out about the crisis of 2008, and (c) Writing my own book about the economic crisis of 2008 – one that I want to ...read this post
It’s Not as Bad as You Think
My ongoing series reviewing the major books written on the economic crisis of 2008 has hit an important stride. Some pivotal books on the subject have been released, or are nearing release, and I think more of the mechanical causes of the crisis are finally being discussed. Former Treasury Secretary, Hank Paulson, has ...read this post
Grasping at Fees: A Sure-Fire Way to Keep the Economy Bad and Unemployment High
After twelve consecutive months of telling the Wall Street firms that (a) They need to lend more, and (b) They need to lend more, and (c) The only way to fix the economy is for Wall Street to lend more, President Obama has proposed a plan to punish firms that participated in the “too big ...read this post
Calling it Straight on the Federal Reserve
The economic crisis has brought the standard emotion over the Federal Reserve to entirely new levels. I mean, if you thought people were opinionated about the central bank before the implosion of 2008, we are now in a whole new stratosphere. What is fascinating when analyzing the toxicity that exists over this issue ...read this post
