Gary Anderson - Comments
Muckraker of the Financial System

The Fed knew about the housing bubble before it burst but lied and said they didn't: Bill HR 1424 to buy bad paper (eventually called TARP) was introduced in March 9, 2007, before there began to be bad commercial paper from private subprime RE loans, in August.

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Latest Comments
Existing Home Sales Unexpectedly Decline
10 hours ago

Movato and other companies are making things look a lot better than they are.

Existing Home Sales Unexpectedly Decline
10 hours ago

Existing homes are not selling well in Las Vegas. That is a bad, bad sign.

Rare Earths May Provide Leverage
11 hours ago

Trump vastly underestimates China's economic strength and our weaknesses.

In this article: CREQF, REMX
Very Clever, Those Chinese Folks
11 hours ago

But there is no proof that Huawei has done any spying. Even Israel laughs at the US criticism of that nation for allowing China to operate its port. We are a bit of a laughingstock. And all major nations, including the UK have invested in the Asian Infrastructure Investment Bank. Oh, except for the USA!

Very Clever, Those Chinese Folks
11 hours ago

According to surveys, most companies do not intend to move out of China and few plan to return to the USA of those who may move.

The Old Keynesian Guidelines Have Been Forgotten
11 hours ago

A war with China could be the last war. I hope people who think like you do are confined to Texas. :)

Very Clever, Those Chinese Folks
16 hours ago

Interesting article. The Chinese bailed us out of the Great Recession and now are keeping us from recession? Then why does POTUS treat them so badly?

The Old Keynesian Guidelines Have Been Forgotten
16 hours ago

We are experiencing Trump's version of #MMT but only for defense spending, setting up for possibly dangerous wars.

Four Signs Trump Could Ignite A Cold War With China
2 days ago

We have history to teach us. Tariffs in the Great Depression led to Adolph Hitler. Trump admires strongmen. He is, so far, adverse to hot war. Perhaps this will be the only attribute that saves him and us. But he could also paint himself into a corner.

Axel Merk: “Economy To Die A Traditional Death…Inflation Is Going To Move Higher”
2 days ago

Axel has it wrong. The American economy is actually more dependent on trade than is the Chinese economy because China makes most of what it consumes and the USA does not!

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