The Credit Bubble: Deregulation Gone Wild [View article]
When we talk of "regulation", there is only one regulation that really matters that isn't already in place. The only one we critically need that I know of is simply capital requirements, and very broadly. Regulation just universally, and in all instruments, reduce the level of leverage down to tight, safe levels, such as 7 to 1 or less, imo.
Housing, Credit, Economy: At an Inflection Point [View article]
It's going to need a lot of help over the next year, as every analyst and their dog tries to bend reality.
Housing, Credit, Economy: At an Inflection Point [View article]
enter....recession....
recalculate....
The Credit Bubble: Deregulation Gone Wild [View article]