markets

America is changing. Read some chillling words from a liberal economist

By / 17 Comments / 4 October 2008

The crash of the post-WWII debt supercycle will ripple out though our society in ways we cannot now imagine.  There are a few who can grasp the trend of events and see what lies ahead.  Like this article by Brad Delong, economics professor at Berkeley:  “Today in Financial History“, posted at his blog Grasping Reality with …

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What do we know about the financial crisis? What are the key questions?

By / 8 Comments / 8 August 2019

Amidst all the blather about the financial crisis, I believe two things are clear. We — everybody — have more questions than answers. We, the American people, are fools.  These events should spark thought about our fitness for self-government. This post discusses the questions, the details about the crisis.  As usual for this site, let us …

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