I started my blogging adventure on WordPress with a series of articles about the Great Recession (in my opinion another depression). I have decided to bring them all together in one posting. Why? Partly because many of the issues have never been addressed by the “powers to be”, partly because it’s nice not to have to rummage to find them, partly because it looks like deja vu all over again, and, as history repeats itself, reflection is not a bad thing. It may be “food for thought” as the year 2016 unwinds precariously before us. Besides, the documentary producers at Frontline did a great job of capturing the essence of the demise of the U.S. economy through Wall Street’s greed and the U.S. government’s political blunders (to put it kindly). I placed links to these Frontline documentaries in several of the following blog articles below.
So, without further ado, here are some stories of the Great Recession in all its Greek tradegy splendor:
A Taste of Events in the Great Recession crisis
Timeline and Overview of the Great Recession Crisis
Regulate Derivatives? No Way!!!!
Humpty Dumpty had a great fall even though there wasn’t a Wall!
The Nationalization of Wall Street
The U.S. Taxpayer as Lender of Last Resort–The TARP Program
Deja Vu all over again, a little bit about Greece, the crisis goes global!
Some details that help explain the Great Recession and Global Ecomony Crisis
Laboring over the LIBOR scandal
The “Flash Crash” and the “London Whale”
It’s a Credit Crisis! It’s a Liquidity Crisis! It’s a Solvency Crisis!
And now in the center ring: An Asset Bubble!!!
It’s a New Year, let’s hope for some sanity but… don’t hold your breathe too long.