Jesse's Café Américain

"Where such a shift in power is in favor of the governing elite, Power will achieve its murderous potential. It simply waits for an excuse, an event of some sort, an assassination, a massacre in a neighboring country, an attempted coup, a famine, or a natural disaster, to justify the beginning of murder en masse. Most state sponsored murder occurs under the cover of war, revolution, or guerrilla war, or in their aftermath."
R. J. Rummel

Showing posts with label TBTF. Show all posts
Showing posts with label TBTF. Show all posts
18 December 2015

The Warning: A Financial Cauldron of Very High Leverage and Interwoven Risks

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"The current bubbles in junk bonds and foreign debt are not in any way driving the economy. Presumably we are seeing somewhat more i...
14 October 2014

GolemXIV: Trouble In Bankland

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In the US: Home Equity Loans (HELOCs) are up 20% this year. 15% of all home loans originated are home equity extraction loans. Peo...
22 February 2013

The New York Fed's Primary Dealers, Liquidity, Monetary Policy, Excess Reserves and Financial Dreadnoughts in Times of Currency War

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Someone asked me about Primary Dealers today.   I think it was in regard to liquidity concerns. Cutting to the punchline, however one wis...
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