Gary Anderson - Activity Feeds
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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Activity Feeds

3 hours ago
Commented on Trade War; Easier For Chinese Than Americans:

I wish our leaders would take your thoughts seriously. There is a lot of damage being done by #POTUS45

6 hours ago
Commented on Ranked: The Richest Countries In The World:

This article is interesting. Of course, purchasing power parity would show China has even more wealth than traditional measurements.

14 hours ago
Commented on With Rate Cuts Looming, A Necessary Bit Of Perspective Before Going Into Them:

The US cannot be a world leader with the New Normal in place. Only China can lead, as it did out of the Great Recession. But Trump does not want that leadership. Obama did, and we grew slowly. The Fed is happy with the New Normal and is more worried about wages soaring, though they barely do! Driving up long rates is really only a pipe dream with Greenspan's conundrum still firmly in place.

15 hours ago
Commented on What The Bond Market And Real Estate Market Are Telling Investors:

Awesome stats. Slowing is happening because the jobs created don't pay much. Trump will just deepen the slowdown with tariff stupidity.

15 hours ago
Commented on Fed Has No Plan To Cut Rates In 2019?:

The Fed can teach Donald Trump a big lesson by ignoring the data of weakness. I would not bet against the Fed, right or wrong.

15 hours ago
Commented on Brexit – Theresa May’s Final Act:

She has resigned.

15 hours ago
Commented on Brexit – Theresa May’s Final Act:

So, I don't like the racial aspects of Brexit, but the UK would have eventually lost its currency had it chosen to remain. The Remainers may still win, since the Brexiters didn't get behind May. They may find, in the next election, that they were a bit too greedy.

1 day ago
Commented on Macro Summary: Japan And The Yen:

I hope Trump does something stupid with Japan like he did with China. When will the world realize the threat to free trade is only the USA?