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The Bearing

Malcolm Hunter

Mapping the deep structure of finance

Platform
Substack
PricingOnly free issuesPublishesTwice weekly
Issues52Founded6 months agoLast Issue4 days ago
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Latest Issues

What quantitative easing did to asset ownership, and who was paying attention (#48)

Block 5 — Bubbles, manias, and busts

This is article 48 of The Architecture of Money, a 100-part series on money, debt, and Bitcoin. Start from the beginning [here], or read on.

The people who benefited most from quantitative easing were...

4 days ago

The recovery that wasn't: who got made whole after 2008, and who didn't (#47)

Block 5 — Bubbles, manias, and busts

This is article 47 of The Architecture of Money, a 100-part series on money, debt, and Bitcoin. Start from the beginning [here], or read on.

By the second quarter of 2013, UK GDP had returned to its pr...

7 days ago

Why central banks always respond to crashes the same way, and why that creates the next crash (#46)

Block 5 — Bubbles, manias, and busts

This is article 46 of The Architecture of Money, a 100-part series on money, debt, and Bitcoin. Start from the beginning [here], or read on.

Every financial crisis of the last fifty years has been reso...

11 days ago

2008: follow the mortgage from Main Street to Wall Street and back again (#45)

Block 5 — Bubbles, manias, and busts

This is article 45 of The Architecture of Money, a 100-part series on money, debt, and Bitcoin. Start from the beginning [here], or read on.

In 2006, a strawberry picker in Bakersfield, California, ear...

14 days ago

The dot-com bubble through the eyes of a 28-year-old who believed it completely (#44)

Block 5 — Bubbles, manias, and busts

This is article 44 of The Architecture of Money, a 100-part series on money, debt, and Bitcoin. Start from the beginning [here], or read on.

The most dangerous bubbles are the ones where the believers...

18 days ago

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