Category Archives: Non-banks

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Yep, the 2020s feel like the 1920s

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Latest update: August 18, 2021 “History doesn’t repeat itself, but it often rhymes.”   – Mark Twain It’s hard not to notice the similarities between the 1920s and 2020s economy. Does that mean trouble is coming in 2029?   Maybe not exactly, … Continue reading

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A view of repo from Main Street

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Editor’s Note:  I recently wrote the following story for my local newspaper, the Santa Rosa (Calif.) Press Democrat. See the original story here.  -Mary Fricker   It used to be hard to get a loan and go into debt. Old-timers may … Continue reading

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Yelling “Fire!” but no one moves

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Risk is rising in the land of shadow banking. Regulators don’t know how to track it, they don’t know what to do about it and it’s not going to end well. Those are the implications of recent reports whose authors … Continue reading