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https://www.federalreserve.gov/boarddocs/speeches/2005/200503102/ https://www.federalreserve.gov/boarddocs/speeches/2005/20050... The Global Saving Glut hypoth
by corimaith 1y ago
https://www.federalreserve.gov/boarddocs/speeches/2005/200503102/ https://www.federalreserve.gov/boarddocs/speeches/2005/20050...
The Global Saving Glut hypothesis by Bern Bernanke is an interesting argument about how the glut of demand for US financial assets may have been the major factor in creating the housing bubble in 2008.