» bank failures

The Wall Street Journal noted last week: Federal Reserve Chairman Ben Bernanke on Friday ruled out a central bank bailout of state and local governments strapped with big municipal debt burdens, saying the Fed had limited legal authority to help and little will to use that authority. “W...

The growth of the too big to fail bank is something that is modern to this era.  In the 1990s there were fewer than 40 institutions that had total assets above $20 billion.  In the late part of the 1980s and 1990s this number was below 20.  The peak was reached in 2005 with 55 institutions havin...

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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.mybudget360.com One of the more ominous statistics coming from this recession is that student loan debt has now surpassed total credit card debt in the United States.  The reason for this is based on the deep impact of the recession.  Credit card debt peak at $975 billion back in Septem...

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...

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

From www.mybudget360.com Most Americans realize that having a job is a prerequisite to gaining entrance into the middle class.  If you work hard enough, chances are you would have access to some of the things promised to the middle class; access to affordable housing, a good education, and the a...