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Daily Archives: September 10, 2014
Deleveraging delayed now 30 trillion larger
This chart of total US credit instruments, courtesy of the Fed, offers some useful perspective on the toxic leverage now sickening the US economy. Similar trends have compounded through most of the world’s economies over the past 14 years. It … Continue reading
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Speculators bank on buyers for their exit
Private equity and other ‘all cash’ speculators who have bought up assets the past couple of years, need able and willing buyers in order to have their heavily anticipated ‘liquidity events’. This is where asset bubbles hit the road. To … Continue reading
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PBS: Breaking Barriers
This episode traces the story of people of color on American television — including the mid-1960s breakthroughs of African Americans Diahann Carroll and Bill Cosby. Latino landmarks range from “I Love Lucy” with Desi Arnaz to “Miami Vice” with Edward … Continue reading
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