Relevant and even prescient commentary on news, politics and the economy.

Refinancing is dead: a generation of Hard Times will continue until secularly real wages improve

New Deal Democrat writing from The Bonddad Blog On Monday I gave what I think is a reasonable roadmap to the next recession. I want to follow up on this a little. The post from nearly 10 years ago was entitled, Are Hard Times Near? The great decline in interest rates is ending.” The theory […]