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Olduvai III: Catacylsm
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The evolution of credit and debt in 2023

The evolution of credit and debt in 2023 The evidence strongly suggests that a combined interest rate, economic and currency crisis for the US and its western alliance will continue in 2023. This article focuses on credit, its constraints, and why quantitative easing has already crowded out private sector activity. Adjusting M2 money supply for […]

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Visualizing $65 Trillion In Hidden Dollar Debt

Visualizing $65 Trillion In Hidden Dollar Debt The scale of hidden dollar debt around the world is huge. As Visual Capitalist’s Dorothy Neufeld details below, no less than $65 trillion in unrecorded dollar debt circulates across the global financial system in non-U.S. banks and shadow banks. To put in perspective, global GDP sits at $104 trillion. This dollar […]

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The Looming Mortgage Liquidity Crisis

THE LOOMING MORTGAGE LIQUIDITY CRISIS Every 10 years or so there is a banking crisis. We are due. However, the furthest thing from most people’s minds with the Trump boom is a banking/financial crisis, except for a few folks at the Brookings Institution, who just released a paper entitled “Liquidity Crisis in the Mortgage Market.” You […]

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Here’s How Regulators Are Inadvertently Laying The Groundwork For The Next Housing Crisis

Here’s How Regulators Are Inadvertently Laying The Groundwork For The Next Housing Crisis Only a few weeks ago, we pointed out a remarkable development in the US mortgage market that has significant implications not only for mortgage borrowers, but perhaps the broader economy as a whole: Wells Fargo, formerly America’s foremost mortgage lender, had seen […]

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The 75 Trillion Dollar Shadow Banking System Is In Danger Of Collapsing

The 75 Trillion Dollar Shadow Banking System Is In Danger Of Collapsing Keep an eye on the shadow banking system – it is about to be shaken to the core.  According to the Financial Stability Board, the size of the global shadow banking system has reached an astounding 75 trillion dollars.  It has approximately tripled in size […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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