Tag Archives: 2008 financial crisis
Occupy Wall Street Redux
Borrowing short and lending long works mostly well most of the time. This is how modern banking works. You may be a customer at a bank. But you also supply the product. Continue reading
Posted in MN Gordon, Politics
Tagged 2008 financial crisis, bank bailout, credit-anstalt, occupy wall street, silicon valley bank
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What Comes After the Boom
Last week Fed Chair Janet Yellen opted to keep the Fed’s zero interest rate policy in place. Wall Street cheered the news and bid stock prices up to near record levels. After more than six years, and over $3 trillion … Continue reading
Posted in MN Gordon, Stock Market
Tagged 2008 financial crisis, bubble, business cycle, collapse, federal reserve, great recession
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