3 ms·

The history of this crash starts in 2008.

• lordnacho 7y ago
  Or the dotcom bubble. Rates were kept too low after that and we got the mortgage crisis.
  • nabla9 7y ago
    Too low rates actually started around 1311 I highly recommend: "Eight centuries of global real interest rates, R-G, and the ‘suprasecular’ decline, 1311–2018." https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3485734 https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3485734 Related to the paper: - Visualizing the 700-Year Fall of Interest Rates https://www.visualcapitalist.com/700-year-decline-of-interest-rates/ https://www.visualcapitalist.com/700-year-decline-of-interes... - Macro Musing podcast with author: https://soundcloud.com/macro-musings/paul-schmelzing-on-the https://soundcloud.com/macro-musings/paul-schmelzing-on-the
    • lordnacho 7y ago
      Yeah I've seen that. Going down doesn't mean too low though.