Our past two posts addressed causes of the Great Recession and how it was addressed. Today, we look at lessons learned from the crisis. It’s easy to forget what happened…
Addressing a Debt Crisis with More Debt
Last week, we discussed causes of the Great Recession. Today, we look at how it was addressed. The financial crisis was essentially a debt crisis. Mortgagees were unable to pay…
What Caused the Great Recession?
A decade after the collapse of Lehman Brothers, many are referring to this month as the 10th anniversary of the Great Recession. That’s a bit misleading, as the demise of…
Fed Policy Brings Record Stock Buybacks
Just once, we’d like to post that the economy is growing like pumpkins in September, that personal income is soaring (or at least not falling), that jobs are being created,…
Why It’s Called “the Almighty Dollar”
It may be a good time to plan that European vacation. The long-weak dollar is gaining strength again, which means you may be able to afford good food, good wine…