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To summarize: "Policymakers have tools to solve banking crises [...]" With TARP/EESA still in place Fed/Treasury have more power "The economy is in a muc
by meltyness 4y ago
To summarize:
"Policymakers have tools to solve banking crises [...]"
With TARP/EESA still in place Fed/Treasury have more power
"The economy is in a much different place"
XLK has subsumed XLF since 2008
"The magnitude of the problem is, so far, much smaller"
Look forward to my upcoming essay "Casting doubt on the commercial real-estate economy"
In conclusion, "we still don't see it coming" avoiding the term, "subprime" or acknowledging that predatory lending ever occurred, and this weird typo:
"[...] the primary facility *though* which banks can borrow [...]"