An outbreak of communication - Steve Keen's Debtwatch | Steve Keen's Debtwatch
We should follow this because it shows Steve Keen's post-Keynesian world view translated accurately into neoclassical terms. Perhaps something will come of it. Keen hopes so.
The 10-Years Falls Below 2.5% Crossing Wall Street
It took a while but the markets have finally come around to the view have always had, that the Fed is not hiking anytime soon. And that means rates will remain at zero for a long time. See here from August: Why the rise in US interest rates is capped
Fed won't raise U.S. rates until well into 2015, traders bet | Reuters
"Traders are betting the Federal Reserve will wait well into 2015 to raise interest rates after a U.S. government report showed the labor m...
As this site is now reader-supported via Patreon, the remainder of this article is only available to subscribers at a specific patronage level. Articles at patronage levels BRONZE, SILVER, and GOLD are denoted by the categories in blue capital letters above the post. Posts categorized DAILY are available to both SILVER and GOLD patrons.
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.