Tag Archive for: banking crisis

How Does America’s Doom Loop Play Out?

I interviewed with the President of Bear Stearns in the late 1980s. The interview went well, but he looked at my background in law and finance and said something like […]Read More

Is China’s Collapse Imminent?

A lot of smart people say, yes – China’s financial collapse is very likely.  I have addressed China’s woes several times over the last few years, including  (1) China's Banking System Collapse Is Terrifying; (2) China's Massive Housing Bubble; and (3) Are China's Woes Good For Mortgage and Real Estate? I am bringing China up again though because a financial collapse really does seem imminent (likely to take place this year), and the repercussions will be felt everywhere – given the enormous size of the Chinese economy.Read More

China’s Banking System Collapse Is Terrifying; Why It Matters

EVERYONE IS FOCUSED ON “FED DAY” – which is the day of the month (today) on which the Fed announces its latest increase in the Fed Funds Rate (expected to […]Read More