As a fan of a wide variety of popular (and not-so-popular) music from the 1950s (and sometimes even earlier) up through the present, one of my bucket list projects for years has been to put together a list of my 100 favorite songs of all time. At some point I decided that, once I got around to figuring that out, I could put it out on a blog, for the infinitesimally small proportion of the Internet world that might be interested. So, here we are. While the Top 100 will be a major focus, I also plan to post on a variety of other musical (and occasionally non-musical) topics, in which you may or may not be interested. (If a particular posting doesn’t ring your bell, you’re only a few clicks away from a dancing cat video on YouTube.)

Tuesday, June 12, 2018

Beware the ‘mother of all credit bubbles’


 
Higher and higher levels of debt, this time mostly corporate (instead of home mortgages), packaged into “collateralized loan obligation” securities of decreasing quality. If this doesn’t bring back memories of the Crash of 2007, it should.

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