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The age old tale of financial crises

Tom Spencer

The story of the 2008 financial crisis begins somewhere shortly after the death of Jesus Christ himself. The 2008 financial crisis saw Ben Bernanke, the then chairman of the Federal Reserve, providing money to banks across the United States following the collapse of the housing market and subsequent defaults of mortgage backed securities.

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Scranton Needs 117% Property Tax Hike to Balance Budget

MishTalk

Get Involved The State of the Unions Finances: A Citizens Guide. Scranton taxpayers could face a 117 percent increase in taxes next year as the citys finances continue to spiral out of control. December 2008 (85). November 2008 (78). October 2008 (108). September 2008 (140). August 2008 (93).

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Mish's Global Economic Trend Analysis: Italy Faces Huge Losses on.

MishTalk

Get Involved The State of the Unions Finances: A Citizens Guide. Some of the derivatives date back to 1994-1996 when Italy dressed up its finances to meet Maastricht treaty criteria, including a budget deficit. December 2008 (85). November 2008 (78). October 2008 (108). September 2008 (140). July 2008 (104).

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Mish's Global Economic Trend Analysis: About that Austerity in.

MishTalk

Get Involved The State of the Unions Finances: A Citizens Guide. This upward trend in payments to temporary staff is constant from the beginning of this exercise. December 2008 (85). November 2008 (78). October 2008 (108). September 2008 (140). August 2008 (93). July 2008 (104). June 2008 (97).

Trends 73
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Mish's Global Economic Trend Analysis: Gold Backwardation.

MishTalk

Get Involved The State of the Unions Finances: A Citizens Guide. If interest rates were higher, then it would really be worth getting exercised over. December 2008 (85). November 2008 (78). October 2008 (108). September 2008 (140). August 2008 (93). July 2008 (104). June 2008 (97).

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Mish's Global Economic Trend Analysis: Unions and Fundamental.

MishTalk

Get Involved The State of the Unions Finances: A Citizens Guide. exercise of the fundamental right to either choose whether to engage in. December 2008 (85). November 2008 (78). October 2008 (108). September 2008 (140). August 2008 (93). July 2008 (104). June 2008 (97). May 2008 (73).

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Fed Balance Sheet vs. Stock Market; Will QE Cause Inflation?

MishTalk

Get Involved The State of the Unions Finances: A Citizens Guide. What’s fascinating about QE is that it has no transmission mechanism to the real economy except as a weak can-kicking exercise - and even then only by creating enormous distortions in pursuit of minute "wealth effects." December 2008 (85). November 2008 (78).