The Shadow Knows! The Xu-Xia Fed Shadow Rate Is -1.7021% (US Effectively Has Negative Interest Rates And Inflation Is Expected To Continue And NOT Be Transitory)

by confoundedinterest17 The Shadow Knows! Wu-Xia employs an approximation that makes a nonlinear term structure model extremely tractable for analysis of an economy operating near the zero lower bound for interest rates. It can be used to summarize the macroeconomic effects …

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China Cracks Down on Shadow Banks

(Bloomberg) — China’s crackdown on shadow banking is taking aim at more than $1 trillion of opaque investments sold by banks as low risk and high yield, even while funds were channeled to riskier borrowers such as developers. Banks and …

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Facebook, YouTube Execs downplay shadow banning

Some of Silicon Valley top algorithm experts testified Tuesday in front of bipartisan members of the Senate Judiciary Committee, tasked with defending Big Tech from accusations it capitalizes on “short-term rage” and their role in society’s increasing polarization. Democratic Delaware Senator Chris …

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“Shadow Banks” Dominate Mortgage Lending by Piling on Risks. Federal Housing Administration (FHA) on the Hook

Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter But deposit-taking banks have pulled back. Lovingly known as “shadow banks,” nonbanks have come to dominate the mortgage market. And they originate the riskiest mortgages. The government — mostly the Federal Housing Administration (FHA) — is …

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SHADOW WAR WITH RUSSIA IN VENEZUELA?

The Kremlin loves shadow wars. (bumped) Private military contractors who do secret missions for Russia flew into Venezuela in the past few days to beef up security for President Nicolas Maduro in the face of U.S.-backed opposition protests, according to …

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