Tag Archives: mortgages

When Europe Gets Greece’s Jingle Mail: Dealing with Default

The costs and consequences of Greece exiting the Eurozone may well dwarf the financial losses triggered by Greece’s default. The term Jingle mail originated in the great popping of the housing bubble 2008-2011. It refers to defaulting homeowners mailing the … Continue reading

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Headlines in the World’s Only Great Newspaper

Headlines in the World’s Only Great Newspaper: Starting This Past Weekend, Till Today Eric Zuesse Where can one go in order to find honestly reported news in the English language? I have long searched to find the answer to that … Continue reading

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Why I Removed My Name from Senator Elizabeth Warren’s E-Mail List

Eric Zuesse They asked me why, and I told them why: http://my.elizabethwarren.com/page/unsubscribe/ 2 Sep. 2014 Please tell us why you are unsubscribing:   Her equating Israel’s massive bombing of Gaza with the paltry and (by comparison) almost inconsequential bombing of Israel by Hamas made me sick, especially … Continue reading

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The Housing Echo-Bubble Is Popping

There is nothing remotely “normal” about the echo-bubble’s rise, and we can anticipate that its deflation will be equally abnormal. Conventional wisdom on the resurgence of the housing markets takes one of two paths: 1. Housing is not in a … Continue reading

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The Fed’s Hobson’s Choice: End QE and Zero-Interest Rates or Destabilize the Dollar and the Treasury Market

Though the Fed is doing its best to mask its abject failure and lack of choices with public relations, the reality is it has no choice but to taper and eventually end its endless spew of credit and its unprecedented … Continue reading

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