Author: David Merkel

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Economics

From Hedging to Speculation

I thought this old post from RealMoney.com was lost, never to be found again.  This was the important post made on November 22, 2006 that forecast some of the troubles in the subprime residential mortgage backed securities market.  I favored […]

2032 Debt Picture
Economics

2032 Debt Picture

Dear Readers, this is another one of my occasional experiments, so please be measured in your comments.  The following was written as a ten-year retrospective article in 2042. ============================================================== It was indeed an ugly surprise to many when the payments […]