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Don't forget our Fed Chairman's reassurances that there was

Posted on: October 20, 2016 at 12:29:30 CT
JeffB MU
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no danger of a nationwide housing bubble, that the underlying economy fully supported the rapid and very large rise in housing prices... right before it all collapsed.

and Nobel laureate in economics, Paul Krugman wondering aloud how all of the economists were caught with their pants down not seeing the calamity coming.

and Ben Bernanke and others proclaiming that "No one could have seen it coming."

despite the fact that the "kooks" had been warning the nation and the world exactly what was coming and the underlying reasons why... and why it was in fact inevitable in the years leading up to the financial collapse that took the world economy to its knees.
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The same people who assured us there was WMD in Iraq - Bulldog Bob Brown STL - 10/20 12:17:10
     Don't forget our Fed Chairman's reassurances that there was - JeffB MU - 10/20 12:29:30
          Some saw it coming, just didn't know exactly - Sarazen MU - 10/20 12:32:42
               The point is that our leaders did not see it coming. If all - JeffB MU - 10/20 12:35:28
                    Not true. Republicans tried to pass legislation which would - MizzouTigerz MU - 10/20 13:14:39
                         Those safeguards might have helped a bit, but the Fed's - JeffB MU - 10/20 13:19:48
                              3 words - MizzouTigerz MU - 10/20 13:22:55
                                   The Invisible Hand works well in a free market. But when the - JeffB MU - 10/20 13:29:17
                                        The Invisible Hand is the hand of God - MizzouTigerz MU - 10/20 14:11:27
                                             But God gave us a brain, reason and logic for a reason. - JeffB MU - 10/20 14:51:03
                    Or more likely - ummmm MU - 10/20 12:36:36
                         Or worse yet, that they are doing it intentionally. - JeffB MU - 10/20 13:03:53
                              The devil has no answer for the shed blood of Jesus Christ. - MizzouTigerz MU - 10/20 13:19:47
                                   Oh, I have no question as to who wins in the end. That does - JeffB MU - 10/20 13:32:16
          RE: Don't forget our Fed Chairman's reassurances that there was - Fred G. Sanford USA - 10/20 12:31:29
     It's a great segue though - Evenflow MU - 10/20 12:19:20
          Indeed they are, but not to the U.S. - MizzouTigerz MU - 10/20 13:21:45
          Serves both sides - Mormad MU - 10/20 12:20:31
               I thought you meant both sides of the one party. (nm) - Evenflow MU - 10/20 12:22:04
                    That too.... - Mormad MU - 10/20 12:24:04




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