The Great Crash posed one question for this country: who would bear the losses? Would it be the banks that caused the problems? The officers, directors and shareholders of those banks? Their careless counterparties? The investors who bought the fraudulent real estate mortgage-backed securities and the complex spin-offs? The owners of capital who threw money into hedge funds and other exotic investments expecting a geyser of money in return?
Soaring oil prices and the loss of exports from South Sudan, Syria and Iran pose awkward questions for investors and policymakers. ||| Soaring oil prices and the loss of exports from South Sudan, Syria and Iran pose awkward question... Read Post
Submitted by Chris Hunter via Acting man blog, Popular Myths and a Shrinking Work Force It’s not just voters who buy into popular myths. Many investors do too. Few have wider appeal than the myth that central banks can create econom... Read Post