Here's the deal: Credit Writedowns has been in business for a little over 10 years now. I launched the site during the financial crisis when there was a great need for independent analysis of our global financial system. Most people were taken by surprise by the length and severity of the crisis. And they wanted to hear independent voices who could tell them what was really happening.
But as the crisis has faded, people have turned away from finance and very few independent voices remain. Meanwhile the rest of the financial internet is disappearing behind paywalls, leaving very few independent voices out there to help people navigate the risks of our turbulent financial system.
The future of the global economy
I believe another economic downturn will be upon us in the next year or two. And likely, this will mean a financial crisis. I strongly feel that we still need to hear well-informed views of what's happening in the world of economics and finance. And I intend to be one of those voices for as long as I can.
To do that, I have depended on your support So thank you!
You are the people who give me the freedom to develop a finance site independent of a particular economic school of thought and a political philosophy.
Now I need your financial support to keep the bulk of my content public.
My goals for the money you provide
First and foremost, my goal is to pay for the infrastructure behind Credit Writedowns like the server costs, the domain registration and all of that nitty gritty. Those costs add up.
- Hosting. I need a robust hosting environment to the site never crash es even when traffic spikes.
- MailChimp. This is the email service I use to email posts to the subscription list, daily or weekly. This fee grows as the email list grows.
- Ongoing web development. It's a website, so there are always upsetting glitches coming out of nowhere -- too many in my view. And occasionally, I want to add a new site feature. For example, I would like to make Credit Writedowns more accessible via a mobile app. And I have web developers at the ready to do this.
My stretch goals
To take Credit Writedowns to the next level, I would like to do things like:
- Start a daily or even a weekly podcast
- Make vidcast interviews
- Hire an additional full-time employee
And so for supporting me, you will get access to:
- Some of the best macro and market analysis out there -- and before it is posted publicly on Credit Writedowns
- Patreon-specific content (that I dare not publish publicly) with my opinion about markets, monetary policy, fiscal policy, you name it
- Ad-free access to Credit Writedowns
- The ability to comment both here at Patreon and on Credit Writedowns and shape the topics I discuss
- The satisfaction that you are helping to maintain a free, open and informative Internet