What Really Happened In 2008? (It's NOT What You've Been Told)
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Show Notes
Last Chance for Christmas Sale
https://www.eurodollar.university/sales-page-1
What's the difference between financial and monetary crisis? Everything. Whether anyone knows it or not, we continue to live in the long shadows of 2008. They are deflationary more than anything, too, a Silent Depression that so long as we remain stuck in it will make the 2020s into something more like the 2010s. That's not good. Getting out starts with finally a proper accounting of 15 years ago.
Eurodollar University's Money & Macro Analysis
Ben Bernanke Before the Joint Economic Committee, U.S. Congress, Marcy 28, 2007
https://www.federalreserve.gov/newsevents/testimony/bernanke20070328a.htm
FCIC Final Report
https://www.govinfo.gov/content/pkg/GPO-FCIC/pdf/GPO-FCIC.pdf
New Yorker Anatomy of a Meltdown
https://www.newyorker.com/magazine/2008/12/01/anatomy-of-a-meltdown
St Louis Fed (2009) The Financial Crisis and U.S. Cross-Border Financial Flows
https://www.federalreserve.gov/pubs/bulletin/2009/articles/crossborder/default.htm
Twitter: https://twitter.com/JeffSnider_EDU
https://www.eurodollar.university
RealClearMarkets Essays: https://bit.ly/38tL5a7
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