» bailouts

Recently, I read up on how Iceland is doing—surprisingly well, actually. Unemployment is down, the Krona is going back up. Good balance of trade, good fiscal balance sheet. Quite the turnaround, after its troubles over the last couple of years— —so then if Iceland is doing OK, why then are we ...

The big banks claim that they have paid back all of the bailout money they received, and that the taxpayers have actually made money on the bailouts. However, as Barry Ritholtz notes: Pro Publica has been maintaining a list of bailout recipients, updating the amount lent versus what was repaid. So...

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From www.zerohedge.com Tyler Durden on 10/05/2010 JPM’s Delta One team has come up with some great observations on what is the one truly indisputable bubble in the market currently: that of correlations (unlike the bubbles in bonds and stocks where both camps have stern defenders who refu...

From www.zerohedge.com By Chris Martenson Prediction: Things Will Unravel Faster Than You Think By my analysis, we are not yet on the final path to recovery, and there are one or more financial ‘breaks’ coming in the future.  Underlying structural weaknesses have not been resolved, an...

From Business Insider Marc Faber, Publisher, Gloom, Boom & Doom Report, spoke to ET Now on a range of issues including the current market scenario, emerging markets, Fed’s policies and US bond markets, among others. Excerpts: You are known as Mr Contrarian in India. You always like to advise t...

From www.mybudget360.com The official announcement that the recession is over underscores the massive disconnect between Wall Street and the rest of America.  Wealth inequality in America is at levels last seen right before the Great Depression ravaged our economy.  Yet the inequality has grown ...

From www.mybudget360.com Home sales follow very seasonal patterns.  Yet much of this natural mechanism was stunted by banks delaying foreclosures and the government artificially stimulating home sales.  Now that much of the stimulus has been exhausted, it is clear that home prices are correcting...

From www.businessinsider.com David Rosenberg has outlined, in his latest letter, the 13 reasons with this so-called recovery is actually a depression. Rosenberg sums it up like this: This is what a depression is all about — an economy that 33 months after a recession begins, with zero polic...

From www.mybudget360.com It was interesting to see the spin regarding the FDIC quarterly report this week.  The report was largely a reflection of the way we now categorize profits in the banking system.  Banks made a nice amount of profit through trading securities (on bailout leverage) while a...

How we lost 1.3 million households from 2008 to 2009. Preliminary Census data is now coming out showing the effects of the recession on a macro scale.  The 2008 Census figures don’t highlight the deep capital loss that was experienced by middle class families over the last two years.  We now ...

Overdose – The Next Financial Crisis from Ressourcenbasierte Wirtschaft on Vimeo. ...