Roubini Says He’s ‘Dr. Realist’ by Warning of Global-Debt Trap

(Bloomberg) -- Nouriel Roubini -- renowned for foreseeing the mortgage collapse that helped produce the 2008 financial crisis -- said the post-pandemic world seems to be heading toward a repeat. Most Read from BloombergThe Global Housing Market Is Broken, and It’s Dividing Entire CountriesIstanbul Turns Taps on Old Fountains, Joining Global Push for Free DrinksMerkel’s Legacy Comes to Life on Berlin’s ‘Arab Street’Is There Room for E-Scooters in New York City?For Christo and Jeanne-Claude, Wrapp

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  Senior Republican Dismisses Default Risk, Says Treasury Can Act

  Bloomberg
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  U.K. Green Bond Smashes Records in Blockbuster Market Debut

  Bloomberg

When the stock market pulls back, keep buying — especially these five companies

It’s time to start buying this September pullback in the stock market. Lehman Brothers blew up in 2008 because the U.S. government failed to realize it was too big to fail. Lehman had sold a lot of flawed financial products around the world, so when it blew up, it created systemic problems.

‘People are upset.’ Will proposed IRA tax changes targeting the rich hurt smaller nest eggs?

The Ways and Means Committee recently unveiled a batch of proposed tax law changes zeroing in on how the super-rich use retirement accounts

China tells Evergrande to avoid dollar bond defaults, Bloomberg reports

Chinese regulators have asked China Evergrande Group to avoid a near-term default on its dollar bonds, Bloomberg Law reported on Thursday, the day the property developer is due to make a much-awaited interest payment on its offshore debt. In a recent meeting with Evergrande executives, regulators said the company should communicate proactively with bondholders to avoid a default but didn't give more specific guidance, Bloomberg reported, citing a person familiar with the matter. The Wall Street Journal reported separately on Thursday that Chinese authorities were asking local governments to prepare for the potential downfall of Evergrande, China's second-biggest property developer, citing officials familiar with the talks.

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  China letting Evergrande default would be 'a no-go,' expert explains

  Yahoo Finance
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  Is Evergrande the next Lehman Brothers?

  Yahoo Finance