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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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Repo ended 2020 like it began: causing trouble

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Editor’s Note: The following summary of repo news in 2020 is based on the Breaking News that I post daily at repowatch.org. See the entire list of 2020 breaking news reports below this story. See 2021 breaking news reports that … Continue reading

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The 2008 crisis: Was it traditional banks or shadow banks?

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Still think the financial crisis happened at banks? Think the extensive regulation of banks that Congress and regulators have undertaken since 2008 has solved the problem? Take a look at this chart from “Shadow Banking Reemerges, Posing Challenges to Banks … Continue reading