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Posts Tagged ‘Rolfe Winkler-’

15 Years Ago, the Combined Assets of the 6 Biggest Banks Totaled 17% of GDP… By 2006, 55% … Now, 63%

You know the big banks have gotten bigger.As Rolfe Winkler noted last September:For the big have gotten even bigger since the start of the financial crisis. At the end of 2007, the Big Four banks — Citigroup, JPMorgan Chase, Bank of America and Wells…

What Do Rising Sovereign Credit Default Swaps Mean?

Here are the CDS of Greece, Portugal, Spain and the U.S.:[click here for full image]Rolfe Winkler argues that – in the short-run – the PIIGS countries (Portugal, Ireland, Italy, Greece and Spain) will slash their budgets and get bailed out by the EU.S…

Campaign to Move Money From Giant Banks to Community Banks Is Going Viral

Arianna Huffington and Rob Johnson’s campaign for people to move their money from the giant “too big to fail” banks to local community banks and credit unions is quickly going viral.Numerous financial writers have endorsed the campaign, including:Justi…

Europe Is Breaking Up Its Too Big to Fails

The American government is doing everything it can to avoid breaking up the too big to fails, even though there is absolutely no reason not to (see this and this).As Reuters columnist Rolfe Winkler writes today:The new legislation unveiled by Represent…

Are Financial Blogs Trustworthy?

The talking heads say that financial blogs aren’t trustworthy. But the whole debate about blogs versus mainstream media is nonsense. In fact, many of the world’s top PhD economics professors and financial advisors have their own blogs. For example…

The Big Banks Have Gotten Bigger

In a post called “Break Up the Big Banks”, Rolfe Winkler provides a nice graphic showing that the too big to fails have gotten bigger:The big have gotten even bigger since the start of the financial crisis. At the end of 2007, the Big Four banks — Ci…

Commercial Real Estate Crashing Even Faster than Residential

Rolfe Winkler- who is always worth reading – has created a stunning graph showing how fast commercial real estate is declining:(click here for Rolfe’s full graph). The red line is residential real estate, and the blue is commercial.Note how much more…