The Affordable Mortgage Depression
Government policies were designed to increase homeownership. Affordable Mortgages, created to realize this goal, were responsible for the Housing Bubble and distorted the economy. The unwinding of these distortions will result in a Global Depression.
The Affordable Mortgage Depression: Category Archive for There Is No Economic Recovery

There Is No Economic Recovery

The Arbitrarily Defined "Technical Recession" Is Over. But the Depression Marches On as Consumer Credit Continues Its Steepest Decline Since World War II

The Dumbest Things I Read Last Week...

The Bureau of Economic Research Says the Recession is Over. They Also Claim We Emerged from Recession in 1933

Employment Continues to Erode During The Obama "Summer of Recovery"

Consumer Credit Trends Say We Are Still Mired in Depression

There is No Economic Recovery: 35,000 Fewer Jobs in May Despite 411,000 Temporary Census Hires

There Is No Economic Recovery: Mortgage Delinquencies and Foreclosures Continue to Set New Records

Obama's Stimulus Bridge To Nowhere

Starve a Recovery, Feed a Depression. Food Stamp Enrollment Sets 15th Straight Record

The Housing Market Collapse Accelerated for the 7th Straight Month in February (Case-Shiller Analysis)

A Fundamental Question Posed to the National Bureau of Economic Research’s Business Cycle Dating Committee

Graphical Analysis of January Case-Shiller Data and the Failed Attempt to Prop Up Housing Prices

Housing Sales “Unexpectedly” Collapse Providing Institutional Economists an Education in Economics and Common Sense

Collapsing Consumer Credit in Historical Context

There is No Economic Recovery: Consumer Credit Continues to Plummet

There is No Economic Recovery: Updating the GDP Fraud

Parsing the HoneyBaked Ham Economic Recovery

There is No Economic Recovery: Record Mortgage Delinquencies and Foreclosures Continue

The Most Interesting Housing Event Since Prices Began to Decline in 2006

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