Friday, April 13, 2018

Another Subprime Bubble: The Fed Never Learns | In The Blink Of An Eye, Things Can Fail

What if, back in 2008, when Lehman Brothers, Bear Stearns, Merrill Lynch and many others were toppling like dominoes, someone said to you: “If you think this is bad, wait another decade, and an even bigger financial crisis will loom.” It would have been hard to believe, but it would have been correct. The same policies that created the 2008 crash were adopted and an even bigger bubble is now here.

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