Feb 14, 2024
Great essay Simon. The S&L crisis was probably along with with LTCM, just another rehearsal for 2008. Note: https://medium.com/@daneke/when-the-wank-became-swank-money-banking-and-the-evolution-of-the-all-debt-economy-22e334f8ee3e
Written by Greg Daneke, Emeritus Prof.
Top Economics Writer, Gov. service, corp consulting, & faculty posts (e.g., Mich., Stanford, British Columbia). Piles of scholarly pubs & occasional diatribes.