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Paul Krugman: Partying Like It’s 1929 - New York Times

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Posted by ian 1 year 244 days ago (nytimes.com). Views: 99
Tags: housing bubble credit bubble credit crisis great depression

Related Tags: economics stock market banks wall street gold inflation peter schiff

Wall Street chafed at regulations that limited risk, but also limited potential profits. And little by little it wriggled free — partly by persuading politicians to relax the rules, but mainly by creating a “shadow banking system” that relied on complex [More...]

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1 year 244 days ago:
ian propped the link Paul Krugman: Partying Like It’s 1929 - New York Times. [view link]