marginalrevolution.com - 11/14/2008
—
Frankly, I am tired of this topic but every time I try to check the data - as best as I can - it doesn't seem to support the rhetoric we are hearing from people at the top [despite real problems blah, blah, blah]. Here's Paulson today :
At least some of the remainder [of the bailout ...
usatoday.com - 11/10/2008
—
usatoday.com —
"I never missed a payment," says Newsom, 63,
of Mesquite, Texas, who owes about $5,000 on the
card. "The bank is just looking for a reason to maximize profits." In recent years, banks have sharply raised interest rates and penalty fees on credit ...
(more)
Why banks are boosting credit card interest rates and fees
nakedcapitalism.com - 11/11/2008
—
nakedcapitalism.com —
Restricted credit and access to foreign exchange may
lead farmers to cut production, worsening agricultural price pressures.
From the Financial Times : The world might face a repeat of this year’s food crisis as the credit crunch encroaches on the ...
(more)
Credit Crunch May Produce Another Food Crisis in 2009
Comments
Blog Reactions
The credit crunch (by Russell Roberts)
Cafe Hayek —
... Alex (and others) have been debating whether there's a credit crunch. They are using data and anecdotes to measure whether credit is flowing or not. ...
Related Content
Is there a credit crunch?
marginalrevolution.com 10/24/2008 — Here is a good piece rebutting the Minneapolis Fed study . One point made is this: ...there is the inconvenient matter that the Federal Reserve and
the Treasury went out and did all that stuff they did in order to prevent a
massive breakdown ...
What does a credit crunch look like?
marginalrevolution.com 10/29/2008 — Maybe Alex is tired of this topic, if so I apologize. But Isaac Sorkin sent me notice of this : What does a global credit crunch look like when it comes down to raw numbers? A 3% quarterly decline in international banking activity. It doesn't ...
Credit crunch? What credit crunch?
reuters.com 12/12/2008 — PARIS (Reuters) - The credit crunch is not nearly as severe as the U.S. authorities appear to believe and public data actually suggest world credit markets are functioning remarkably well, a report released on Thursday says. As a result, governments ...
Cash Back Credit Card: Schwab Bank: Visa? Credit Card
schwab.com 12/4/2008 — 1. For information about rates, fees, other costs and benefits associated with the use of this credit card, please see Terms and Conditions . 2. The no-preset-spending-limit feature applies only to Visa Signature transactions and does not mean that ...
Credit Crunch or Not
econbrowser.com 12/19/2008 — One of the debates regarding the current financial crisis is whether in fact there is a crisis, or whether in fact the financial system is operating normally. I've been skeptical myself of the "times are normal view", but here is some evidence that ...
What Credit Crunch?
blog.mises.org 12/12/2008 — Robert Murphy and Robert Higgs have said this for months, but Reuters is joining in to point out that, whoops
he credit crunch is not nearly as severe as the U.S. authorities appear to believe and public data actually suggest world credit ...
Video - Your Money: New Credit Card Rules
marketnewslive.blogspot.com 12/24/2008 — Federal regulators have adopted sweeping new rules for the credit card industry that will shield consumers from increases in interest rates on existing account balances. AP Personal Finance Editor Trevor Delaney explains.
The credit crunch may cause another great depression
VoxEU.org 10/9/2008 — Nicholas Bloom , 8 October 2008 The crisis is shaping up to be a perfect storm – a huge surge in uncertainty that is generating a rapid slow-down in activity, a collapse of banking preventing many of the few remaining firms and consumers that want to ...
Follow WallStreetBlips on Twitter
