Before the 2008 crash, issuers paid agencies to rate their securities.
Those judgments helped risky mortgage investments gain acceptance.
The costs reached households far beyond Wall Street.

Before the 2008 crash, issuers paid agencies to rate their securities.
Those judgments helped risky mortgage investments gain acceptance.
The costs reached households far beyond Wall Street.
"It's a really bad idea for one person to run anything more than a bike." Blyth on the only fix Europe needs. #economics #austerity #europe #debt #shorts
Core CPI inflation is at 2.8% year‑over‑year for August 2026, the same as the previous reading. Data from BLS via FRED. Just the numbers, no advice.
#EconSky #economics
#Canada #Trump #Canadians #economics #MarkCarney
Can We Break Free Of Neoliberalism — And America?
open.substack.com/pub/davidmos...
History says midterms could hand the S&P 500 a year-end rally: Chart of the Day
#daytrading #earnings #economics #elections #finance #politics #sp500 #wallstreet
US consumer confidence deteriorates in October
https://www.breakingthenews.net/Article/US-consumer-confidence-deteriorates-in-October/67268223
#consumer #costofliving #daytrading #dieselprices #economicimpact #economics #economy #finance #finacial #fuelprices #gasprices #inflation #politics […]
The Phillips curve says you need unemployment to control inflation. That's the choice we're told we have to make. But it's a false one. The Job Guarantee replaces unemployment as the price anchor with paid public work at a fixed wage.
The Grand Interview with MES (article): odysee.com/@amaterasuso...
#interview #activism #freedom #truth #future #humanity #politics #money #ethics #economics
EU fiscal rules (SGP, debt brakes, ESM conditionality) constrain member-state spending; but they are political instruments, not economic laws. National central banks can create euros. The real limit on Eurozone action is inflation and real resources, not solvency.
If you have never thought about Scotland's economy and prospects---you should check this one out. #economics
"Unlock billions" makes it sound like a vault. It's a timetable. Westminster issues the pound, so the £39bn waits on an election, not a bank balance. Housing associations are ready to build. The real limits are builders and land, not cash.
In episode 488, I talk with Dr. Erik Kimbrough about norms, institutions, impersonal exchange, specialization, and organ donation. #Economics #Science
💰 Saving more sounds obviously good until everyone does it at once. If spending disappears faster than investment replaces it, the economy can shrink enough that total savings barely move. Weird, but that’s the paradox. www.ebc.com/forex/what-i... #Economics #Investing #ConsumerSpending #Macro
Segon i últim dia d'#ecoNomics! Avui ens acompanya a #EcoNòmics la consellera SilviaPaneque amb la ponència “La transició energètica: una política de país”, sobre com fer de la transició energètica un projecte compartit entre administracions, empreses i ciutadania. ⚡🌱
Putin is Now Facing the Same Financial Crisis That Defeated Hitler
#Putin #UkraineWar #RussiaIsCollapsing too slowly #Economics r bad for Muscovy
https://www.youtube.com/watch?v=UgZDtxVSzYc
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