Tag Archives: blackrock

Who Else Bought BlackRock’s LDI Swindle Products?

The recent collapse of the United Kingdom (UK) gilt market’s long maturities, which required Bank of England (BOE) purchases of tens of billions of pounds of long gilts to stem a Lehman moment, shined a spotlight on something called liability driven investing (LDI). Continue reading

Posted in Government Debt, MN Gordon | Tagged , , , , | 24 Comments

The Upshots of the New Housing Bubble Fiasco

The epic housing bubble and bust in the mid-to-late-2000s was dreadfully disruptive for many Americans. Some never recovered. Now the central planners have done it again… Continue reading

Posted in Economy, MN Gordon | Tagged , , , , , | 34 Comments