Financial Crisis Archives - Page 4 of 12

The New Norm of Unconventional Monetary Policy Turned Conventional

Sep 14, 2020 | Economic Collapse

Global central bankers are discovering that monetary policies they once viewed as unconventional and temporary are now proving to be conventional and long-lasting. Forced to think outside the box by the 2008 financial crisis and then again this year by the coronavirus...

The Global Jobless Recovery

Aug 25, 2020 | Economic Collapse

The United States added 1.76 million Jobs in July 2020, compared to a consensus estimate of 1.48 million. Unemployment fell to 10.2 percent versus the 10.6 percent expected. It is true that the rate of job creation is slowing down and labor force participation...

Paper Assets And Promises Often End In Default

Jul 19, 2020 | Economic Collapse

During times of financial disruptions defaults rise in importance and move front and center. The term financial crisis is applied broadly to a variety of situations in which some financial assets suddenly lose a large part of their nominal value, a default falls into...

Banks Brace For A Historic Crash With Record Loss Provisions

Jul 14, 2020 | Economic Collapse

For many years after the financial crisis, US commercial banks were mocked when instead of generating earnings the old-fashioned way, by collecting the interest arbitrage on loans they had made, or even by front running the Fed with their prop (and flow) trading...

The Fed’s Slippery Slope

Jul 14, 2020 | Economic Collapse

We can all be very confident that there will be no change to monetary policy for a very, very long time. But there is a fiscal cliff coming—and indeed has already begun. It is clear that Mr. Powell is all-in on his unlimited QE and ZIRP. And, that he is...