Category: Credit
30 December, 2011 (12:30) | Capital markets, China, Credit, Global markets, Markets, Recession, Speculation, Subprime |
[Concluded from yesterday's Part 2 and the preceding Part 1.] By:David A. Smith In yesterday’s Part 2, using as main text a Telegraph story by long-time China skeptic Ambrose Evans-Pritchard, and a doom-saying report a month ago from The Epoch News (13 November 2011), we discovered that the long-foretold but long denied correction [...]
29 December, 2011 (19:12) | Capital markets, China, Credit, Global news, Markets, Recession, Speculation, Subprime |
[Continued from yesterday's Part 1.] By:David A. Smith In yesterday’s post, we discovered that the long-foretold but long denied correction may be coming to the Chinese housing markets, as presented in a Telegraph story by long-time China skeptic Ambrose Evans-Pritchard, and supplemented by this report a month ago from The Epoch News (13 [...]
28 December, 2011 (13:29) | Capital markets, China, Credit, Global news, Markets, Recession, Speculation, Subprime |
By:David A. Smith That’s Brazil, Russia, India, and China, to you Hard though it is to believe, if a Telegraph story is right, an economy touted for a decade as the Asian wirtschaftswunder may prove a magnificent obsession, a massive misallocation of capital in fixed assets and infrastructure for which there is far [...]
19 May, 2011 (09:17) | Collateral, Credit, Equity, Homeownership, Innovations, Markets, Security, US News | 1 comment
By: David A. Smith I found out last Monday That Bob got locked up Sunday They’ve got him in the jailhouse way down town. – In the Jailhouse Now, Jimmie Rodgers You’ll need some large collateral Despite their prevalence in hard-boiled movies, I’ve never understood the business model of bail bondsmen until [...]
21 April, 2010 (09:43) | Credit, Default, Homeownership, Subprime, Theory, US News, Workouts |
[Continued from yesterday's Part 3 and the preceding Part 1 and Part 2.] By: David A. Smith After spending three sections taking apart a thoughtful Luigi Zingales article in City Journal, I’ve convinced myself that ‘strategic’ mortgage default is a term overvalued from its name onward, but that there is clear evidence default [...]