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Economy - Economics USA

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https://www.zerohedge.com, by Tyler Durden

The jumbo loan market is facing a classic liquidity crunch. A perfect storm is brewing as millions of homeowners are seeking forbearances as the economy crashes into depression from coronavirus lockdowns, and firms who usually bundle up jumbo loans h

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https://www.zerohedge.com, by Tyler Durden

Over the past month, the economic shutdown resulting from the coronavirus pandemic - which as we hear every day was "nobody's fault" just to make sure there are no unpleasant mentions of moral hazard during the biggest bailout in history...

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https://needtoknow.news, CNS News

Democrat Representative Ilhan Omar introduced a bill last week calling for the cancellation of rent and mortgage payments through the end of the coronavirus pandemic. The legislation would establish a fund for landlords and mortgage holders to cover

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https://www.zerohedge.com, by Tyler Durden

Back in April 2011, just before gold exploded to a record above $1,900 following the US credit rating downgrade, we first said - and Kyle Bass echoed - that the main reason behind our long-running, bullish view on gold is that the Fed can't print gol

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