Blogs Posts on "Credit Contraction"

AEI Subprime VI: Complete Annotated Transcript by Housing Doom on Nov 16, 20091:36:34 … This crisis was caused by massive government subsidies to purchase homes by people who couldn’t really afford them. So what does Congress do? They pass an $8,000 tax credit for people who can’t really afford to buy a hom...

AEI Credit Crunch II: Complete Annotated Transcript by Housing Doom on Nov 15, 20091:27:42 No, might go wrong. - Allan Meltzer Doom Transcripts: Index & Guide Almost 19 months later, Doomers may enjoy putting some of these opinions up against what actually took place. Housing Doom is pleased to present a complete unauthorized...

Total US Credit & Loans; Down $1.2 Trillion From Peak; Annual Decline Now at 7.2 Percent by EconomicsJunkie.com on Nov 3, 2009Total credit and loans have now contracted by $1,218 billion (source stlouisfed.org): The annual rate of decline has now reached 7.2%: This is still deflation in full swing. It is an ongoing credit contraction of record proportions and it is now mo...

AEI Subprime VI: Lachman Presentation by Housing Doom on Nov 2, 2009Doom Transcripts: Index & Guide Housing Doom is pleased to present a sixth selection from our under-construction transcript of the American Enterprise Institute’s October 22, 2009 event "The Deflating Bubble, Part VI: The Lessons of the...

AEI Subprime VI: Roubini Presentation by Housing Doom on Oct 30, 2009Final risk. The increasing asset prices we’ve seen since March for everything: global equities; in US, equities; EM [emerging market] asset classes; commodity; credit; everything around the world is driven by one factor. Doom Transcripts: Index...

AEI Subprime VI: Whalen Presentation — Where’s My Pony? by Housing Doom on Oct 29, 2009Doom Transcripts: Index & Guide Housing Doom is pleased to present a third selection from our under-construction transcript of the American Enterprise Institute’s October 22, 2009 event "The Deflating Bubble, Part VI: The Lessons of the...

AEI Subprime VI: Zimmerman Presentation by Housing Doom on Oct 28, 2009Doom Transcripts: Index & Guide Housing Doom is pleased to present a second selection from our under-construction transcript of the American Enterprise Institute’s October 22, 2009 event "The Deflating Bubble, Part VI: The Lessons of th...

Commercial Real Estate- “The Problems Are Only Starting” by Housing Doom on Oct 27, 2009 Harold Brubaker of the Philadelphia Inquirer wrote this morning about the bankruptcy of Capmark Financial Group and how it tells us a lot about the future of commercial real estate: Capmark Financial Group Inc.’s weekend bankruptcy fili...

AEI No Way Out I — Ubide Panel I Response by Housing Doom on Oct 25, 2009Doom Transcripts: Index & Guide Housing Doom is pleased to present a fourth selection from our under-construction transcript of the American Enterprise Institute’s October 9, 2009 event "No Way Out: Government Response to the Financial...