Most of these are interest rate and credit derivatives. As we learned in the last two years, the big risk here is to institutions which owe and own these obligations amongst one another. In our view, the degree of interconnectedness among these obligations (they still aren’t unwound) still makes the entire global financial system vulnerable…
March 10th, 2010 | Dan Denning | 14 comments | ContinuedAll Posts Tagged With: "FDIC"
Global Illness of Too Much Debt has Been Remedied by More Debt
But more importantly, the share market is at risk now for a big fall as it was in the middle of 2007 when the Bear Stearns story broke. Since then the perimeter of global markets has gradually been overrun by the forces of wealth destruction.
March 9th, 2010 | Dan Denning | 22 comments | Continued
Debt Drugged
Governments and central banks have managed to engineer some more spin, but only at the expense of piling more debt on top of the already wobbling structure.
March 6th, 2010 | Nickolai Hubble | 2 comments | Continued
An Insider’s View of the Real Estate Train Wreck, Part II
The current volume of defaults is already alarming. And the volume of commercial real estate defaults is growing every month. That can only keep going for so long, and then you hit a breaking point, which I believe will come sometime in 2010.
February 17th, 2010 | David Galland | 31 comments | Continued
FDIC Wants Banks to Make More Loans to their Business Customers
This secular shift away from “productive” lending to businesses toward “nonproductive” lending to consumers creates a new kind of structural weakness for the American economy.
December 10th, 2009 | Douglas French | 0 comments | Continued
The Trouble With a Sovereign Debt Crisis
The trouble with a sovereign debt crisis is that you just never know what the tipping point is going to be. Things can be travelling along nicely with apparent stability and suddenly you find yourself in the middle of a crisis. For the last month we’ve been warning about a sovereign debt crisis in the Western Welfare states.
November 27th, 2009 | Dan Denning | 17 comments | Continued
China Will Rule the Business World While America Finds Itself Heavily in Debt
The 19th century belonged to Britain, the 20th century belonged to America and in the 21st century, China will rule the business world. Whether you like it or not, this transition is already underway…
November 18th, 2009 | Puru Saxena | 10 comments | Continued
Gold Price Should Continue Going Up as the Dollar Accelerates its Terminal Decline
But first, just a reminder about the gold conference in Canberra November 2nd through 5th in Canberra. You can read about it here. Space is limited, so if you’re keen to go, you’d better move fast. Your editor will be there too, for the first time, and is looking forward to a world-class line up of speakers on gold as money and gold investments.
October 2nd, 2009 | Dan Denning | 6 comments | Continued
One in Four US banks Announce Unprofitable Quarter
“Friday’s edition of The Wall Street Journal picks up on the theme of the long road of pain ahead for bank shareholders in the US,” colleague Dan Amoss tells us. “In ‘Banks on Sick List Top 400,’ the WSJ details several ugly highlights from the latest FDIC Quarterly Banking Profile, published last Thursday.
September 1st, 2009 | Bill Bonner | 0 comments | Continued
The FDIC Is in Trouble
As we all know, the Federal Deposit Insurance Corporation (FDIC) guarantees depositors that they’ll get their money back if a bank fails, at least up to a certain amount. To fund its operations, the FDIC collects small fees from the banks…
August 6th, 2009 | Bud Conrad | 4 comments | Continued
Deception of the Bull and the Bear Markets
Which makes us think that the rally is probably NOT over. It’s too soon to hammer the bulls. Not enough of them yet. This market should rise more…in order to draw in more suckers.
April 9th, 2009 | Bill Bonner | 0 comments | Continued
