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Olduvai III: Catacylsm
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The ‘Everything Bubble’ and What Happens if Credit Freezes Up in a Credit-Based Economy

The ‘Everything Bubble’ and What Happens if Credit Freezes Up in a Credit-Based Economy “It could get really messy.”  Wolf Richter on the X22 Report The US government bond market has soured, even the 10-year yield is surging, and mortgage rates have jumped. Read… What Will Rising Mortgage Rates Do to Housing Bubble 2?

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What Will Rising Mortgage Rates Do to Housing Bubble 2?

What Will Rising Mortgage Rates Do to Housing Bubble 2? Oops, they’re already rising. The US government bond market has further soured this week, with Treasuries selling off across the spectrum. When bond prices fall, yields rise. For example, the two-year Treasury yield rose to 2.06% on Friday, the highest since September 2008. In the […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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