The great tragedy of the global economic malaise is that it is caused by a shortage of something that is essentially costless to produce: money.
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Australian Housing
Blogroll
Cartoons
Coverage
- 20070314: LateLine on the <span class="caps">US</span> Sub-Prime Crisis
- 20070314: Warning on ‘silly’ loans
- 20070815: 7.30 Report “American mortgage shock waves hit Australia”
- <span class="caps">ABC</span> <span class="caps">PM</span> on <span class="caps">US</span> Subprime Crisis
- <span class="caps">FN</span> Arena: Mortgage crunch in Australia too?
- <span class="caps">NZ</span> Reserve Bank on Regulation: <span class="caps">PM</span> May 9th 2007
- Shared Equity Loans
Debt & Asset Bubble Blogs
Podcast
RBA Watch
Relevant News Items
- 20070308: Bad debts on the rise in mortgage belt
- 20070309: Late-paid mortgages show pain in suburbs
- 20070317: Onward rolls the sub-prime story in the <span class="caps">USA</span>
- 20070815: 7.30 Report “American mortgage shock waves hit Australia”
- 20070917: How bad debt infected the world
- 7.30 Report
- Bear Stearns: Turmoil in sub-prime mortgages
- Beware of Exploding Mortgages (New York Times June 10 2007)
- Can the mortgage crisis swallow a town?
- Credit derivatives: At the risky end of finance
- First home payments hit $3000 per month
- Shared Equity Loans
- True rate of home defaults hidden
Statistics
Sub-Primes
UK
USA
User
Essential Posts
Financial Instability
Roving Cavaliers of Credit
Read Some Minsky
Monetary Profits Paradox
Are We "It" Yet?
Monetary Multisectoral ModelThe New Depression
"No-one saw this coming"?
Why the Crisis is not over
Deleveraging with a twist
Bernanke doesn't understand the Great Depression
The Case Against BernankeAustralian Housing
Rescuing the Bubble
Australian house prices
Competition No Panacea
House Prices & Banks I
House Prices & Banks IIVideo overview
Lectures on Endogenous Money
Debt and Australian housing
BBC HARDtalk Interview
INET Interview on why I saw "It" comingDebunking Economics II
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