John Oliver on Subprime Auto Lending
Auto lenders can steer vulnerable people into crushing debt. Keegan-Michael Key and Bob Balaban help John Oliver show exactly how. ...
American Total Debt Balance and Its Composition
Interesting chart of consumer debt — its worth noting that two of the biggest categories — mortgage and auto borrowing...
Which Households Have Negative Wealth?
The Debt-Deflation Theory of Great Depressions
Following the Wall Street Crash of 1929 and the Great Depression, Irving Fisher developed the theory that recessions and depressions are...
European Banking Sector Post-Brexit
How badly has the European banking sector been punished since the U.K. Brexit vote? About 22 percent, but the range is as high as 43%...
Risky Business: Government Mortgage Insurance Programs
No, the CRA Did Not Cause the Financial Crisis
Lending to Poor People Didn’t Cause the Financial Crisis Look elsewhere for the sources of the meltdown. Bloomberg, June 22, 2016...
Credit risk spillover between financials and sovereigns in the...
Credit Risk Spillover Between Financials and Sovereigns in the Euro Area During 2007-2015 by ritholtz1