The Correlation Between Incomes And Default Rates
The Marginalization Of Risk
The massive number of loan defaults that has put the entire banking industry on the brink on insolvency did not happen by accident. Banks recklessly extended credit, even to low income borrowers who obviously [...]
Japan’ Solution To Debt Crisis - Expand Zombie Banking
Japan’s Zombie Banking Taken To New Levels Of Lunacy
Japan’s real estate and stock market bubbles burst in the early 1990’s. Since then, twenty years of non stop Government stimulus programs have failed and left Japan with [...]

