Yves Smith has an interesting post out asking whether student loans are going the way of subprime, potentially triggering another financial crisis if the US goes into recession. I think it's a good question to ask in light of my last weekly post on risk re-pricing. I want to go into a bit o that now but I have to lead this off with some news about where Credit Writedowns is headed. This is important for Bronze members especially.
What I have decided is that it is too cumbersome to deal with free posts, contributor posts, guest posts, and three different membership tiers at Credit Writedowns Pro all at the same time. The complexity of the site has become unwieldy from a managerial point of view and I don't have the time to help manage it. What's more is I really haven't been able to write ...
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Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He has also been a regular economic and financial commentator in print and on television for the past decade. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.