DISQUS

HWad964 · 2 months ago

Ed-
When you conclude that "they have been successful", do you mean that in a good way or in the bad sense that we are set up for another implosion?
Edward Harrison · 2 months ago

I definitely mean that in a bad way because it takes us back to the asset-based model which is unsustainable.
HWad964 · 2 months ago

Thanks for clarifying, Ed.
thegrinder · 2 months ago

Bernanke sucks. He missed the housing bubble, he kept rates to low when greenspan was there and he is pushing consumption like a drug pusher. This guy is a derelict bookwarm. I do not car how many degrees this clown has he has never had a real job or faced the wrath of the economy personally. His pampered academic career has not served him well.