Loans in the shadow banking system are now larger and a bigger threat to economic stability and our economic system than the subprime mortgages that nearly collapsed our financial system in 2008.
Tag Archives: corporate debt
Last week the World Bank warned that global growth is slowing. At the same time, central banks around the world have signaled they are ready to start the printing presses again in one way or another. Also, recent comments from a Federal Reserve official about rising levels of corporate debt and financial stability (possible debt […]
Fed member warns about high corporate debt and possible negative shocks Trump may nominate conservative who favors gold standard to Fed Dow Jones Industrial average closes lower for the fourth week in a row
Our Economy (Part One of the Saga) So Are We Good Or What? Reliable Indicators Show Recession Ahead Don’t expect interest rates to rise anytime soon. So say our friends at the Fed. Federal Reserve Chairman Jerome Powell said, The US economy is in a good place and we will use our monetary policy tools […]