At $45 trillion, the notional amount of CDS in existence is now fast approaching the total amount of credit market debt outstanding in the entire ...
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About The Unwind
The Great Unwind is a call to civic action by and for the layman. A platform for knowledge as a basis for activism, here is documented the rise of neo-conservative ideology and neo-liberal corporatism, the collapse of the housing bubble, the financial panic of 2007-08 and the massive deleveraging of the shadow financial system, within the larger context of social and political upheaval that is forever changing our world.
Must Read News
- Paul Krugman on Inspiration for a Liberal Economist | FiveBooks | The Browser
- Charges Against the N.S.A.’s Thomas Drake : The New Yorker
- Blackwater Founder Forms Secret Army for Arab State - NYTimes.com
- Policy in an age of post-truth politics | Grist
- WikiLeaks discloses new details on whereabouts of al-Qaeda leaders on 9/11 - The Washington Post
- Yemen's rival military factions clash for first time - CSMonitor.com
- Our Polarized and Money-Driven Congress « naked capitalism
- Why aren’t the honest bankers demanding prosecutions of their dishonest rivals? | The Big Picture
- Enriching Executives, at the Expense of Many - NYTimes.com
- Jim Messina, Obama's Enforcer | The Nation
Blogroll
- Bailout Sleuth
- Brad Setser: Follow the Money
- Calculated Risk
- Democratic Underground
- FED Up USA
- Housing Doom Housing Bubble Blog
- Housing Wire
- Jesse’s Café Américain
- London Banker
- Mish’s Global Economic Trend Analysis
- Naked Capitalism
- Nouriel Roubini’s Global EconoMonitor
- Paul Krugman
- Portland Housing Blog
- San Diego Real Estate Bubble Blog
- Seattle Bubble
- Sudden Debt
- The Big Picture
- The Economic Populist
- The Financial Ninja
- The Market Ticker
- The New Combat
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