Category: Fascism

The Clock Is Ticking

The Clock Is Ticking from King World News As global uncertainty takes hold in major markets one thing is certain, the clock is ticking. October 27 (King World News) – Danielle DiMartino Booth at Quill Intelligence:  There are some things Benjamin...

THE IMF’S NEW BRETTON WOODS MOMENT

THE IMF’S NEW BRETTON WOODS MOMENT BY CYRILLE JUBERT for Gold Broker Kristalina Giorgieva, current IMF director, gave a speech on October 15, which bore the promising title of “A New Bretton Woods Moment“. IMF Calls For a New Bretton Woods...

Jingle Mail Haunts Commercial Mortgage-Backed Securities as Property Values Get Slashed Below Loan Amounts

Jingle Mail Haunts Commercial Mortgage-Backed Securities as Property Values Get Slashed Below Loan Amounts At the time of securitization into CMBS a few years ago, inflated collateral values led to soothingly low loan-to-value ratios. Then trouble hit. By Wolf Richter for WOLF STREET....