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Liquidity

…volume.” I’m fairly sure the word originally described assets. Now it is often used to modify markets so thick markets are called “liquid markets.” This is actually fairly important, since…

Trump crashed the world’s markets

Rachel Maddow: Trump crashed the world’s markets based on on the advice of a fictional economist. Summary The video highlights a Rachel Maddow segment revealing that Donald Trump’s tariff policy,…

Why Is Brazil Ahead of the US…fuel

…natural gas, other than the odd city bus or garbage truck in random municipalities? The answer is a simple but unpleasant one. See, we in the US would label the…

Housing Update

…considered almost risk-free because if the borrowers default, Fannie or Freddie will pay off the loans (assuming Fannie and Freddie remain solvent). Non-conforming loans go into pools known as private-label

The mindless canard stating as unexplained fact that it would be worse to expand the federal government by a third in order to accommodate single-payer healthcare insurance than it is to have private, for-profit health insurance companies playing this role instead

…political debates, is a disagreement about how far to turn the knobs when adjusting policy; it does not seem to call for a separate ideological label. That said, Mr. Konczal…