Bubble Watch
Nineties Bubble
The 1990s witnessed a fateful convergence of financial innovation, technological advancement, and state intervention. Activist monetary policy and successive government rescues fostered the explosive proliferation of securitizations, derivatives, repurchase agreements, hedge funds, and GSE-driven credit expansion. Resulting asset inflation and instability were the genesis for history’s greatest multi-decade bubble.
View Nineties Bubble analysis →Mortgage Finance Bubble
Post-bubble monetary reflation fueled catastrophic excess across mortgage finance — from subprime lending through AAA-rated MBS, complex derivatives, and leveraged Wall Street speculation. The period was defined by the “moneyness of credit” and “Wall Street alchemy.”
View Mortgage Finance Bubble analysis →Global Gov. Finance Bubble
Unprecedented global post-bubble central bank reflation, “whatever it takes” open-ended QE, and massive deficit spending unleashed history’s greatest period of credit and speculative excess. With the unchecked growth of central bank credit and sovereign debt, bubble dynamics eroded the foundation of global finance.
View Global Gov. Finance Bubble analysis →Stay updated
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