Tag Archives: subprime mortgage crisis

Rising Subprime Delinquency in Autoland

Originally published in http://davidstockmanscontracorner.com/here-they-go-again-subprime-delinquencies-rising-on-the-dealer-lots/ Subprime mortgage default caused the recent subprime mortgage crisis in 2007-2009. Subprime mortgages have not gone away, they have both increased and spread to other areas of the economy in addition to housing. There is already concern … Continue reading

Posted in neoliberalism | Tagged , ,

Sweden’s declining ordoliberalism (b)

The most important advantage in the current world economic crisis is the balanced budget, and this has been something I have returned to again and again on this blog. The Swedish saying “den som är satt i skuld är icke … Continue reading

Posted in Sweden | Tagged , ,