The Bubble has burst – the global Bubble, the Bubble in leveraged lending, and Bubbles across asset classes around the globe. In the case of leveraged loans, I don’t expect another bout of QE to resuscitate Bubble Dynamics. Excess within… Read More ›
Doug Noland
Doug Noland: THE Credit Bubble Peak
For those unfamiliar with Doug Noland he uses his accounting background and study of history’s bubbles to chronicle the current global credit bubble. This week he exams the balance sheet of the United States to highlight where we are in… Read More ›