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marginalrevolution.com - 11/14/2008
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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
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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
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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
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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. ...
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