Tag Archives: loans

Consumer Has Fallen Off the Wagon Again

Written by Steven Hansen Late last week the consumer credit report for December 2013 was issued by the Federal Reserve. I am beginning to wonder if the consumer is not getting drunk again on credit.

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Why the Fed No Taper Decision is Actually a Tightening

Even with No Fed Taper, Look for Slower Growth in Nominal Transactions by Paul Kasriel, The Econtrarian The Fed decided on September 18 to maintain its rate of securities purchases at $85 billion per month rather than reducing or “tapering” … Continue reading

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Screwing the American Economy by Screwing Its Young

Written by Steven Hansen The inordinate growth of student loans – and its effect on the economy – is killing consumption (autos) and the housing sector.  This is no short term dynamic, but will effect the economy for decades. [click … Continue reading

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Separating Casino Activities from Banking

The solution for US and European banks is the same: Government deposit insurance should only be available for banks that manage their own loans and do not trade on their own behalf. Continue reading

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