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2010-04-06

Bubble markets: The secret to Texas' success

Negative equity, regardless of loan type, is a significant driver of defaults, particularly in the presence of high unemployment rates. Combine Texas' low unemployment rate with the absence of a bubble and you end up with a low default..

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How Italy’s PM Meloni sparked an economic turnaround

When Italy’s Giorgia Meloni took the job of prime minister in 2022, the country wasn’t in good shape. But since then, the economy has bounce...