US 00:16 GMT 22.05.2020(updated 00:35 GMT 22.05.2020) Get short URL Following several weeks of layoffs, business closures and other economic fallout related to the COVID-19 pandemic in the US, the nation observed surging mortgage delinquencies and a significant uptick in “financial hardship” statuses for certain credit products in April, according […]
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A conversation with the “Price of Tomorrow” author on the key structural challenge looming over the global economy. Two powerful and diametrically opposed forces are shaping the economy. On the one hand is inflationary economic policy, which keeps the price of assets like real estate and stocks rising ever higher, […]
Initial Reflections On ‘Debt Jubilee’, MMT, And Limits Of Monetary Policy May 9, 2020 Initial Reflections On ‘Debt Jubilee’, MMT, And Limits Of Monetary Policy2020-05-092020-05-09https://popularresistance-uploads.s3.amazonaws.com/uploads/2017/12/popres-shorter.pngPopularResistance.Orghttps://popularresistance-uploads.s3.amazonaws.com/uploads/2020/05/fed-1-e1589039877971.jpg200px200px Above photo: End the Fed rally in San Francisco. One of the readers of this blog recently asked me my views on topics such as […]
The US 10-year Treasury bond yield fell 0.7 percent in response to the latest report of jobless claims. That comes a week after the Treasury said it would borrow a record $2.99 trillion this quarter, and launch a 20-year bond. RT’s Boom Bust talks to former Federal Reserve insider Danielle […]