Archive

The New Buyer of America's Debt is Borrowing 90% of the Money

4 months ago

The New Buyer of America's Debt is Borrowing 90% of the Money

The Dallas Fed put a number on it last month. Nobody noticed.

An Anomaly Hiding in 1.73 Million Repossessions

4 months ago

An Anomaly Hiding in 1.73 Million Repossessions

The loans are failing. The paper built on them keeps getting safer.