If only these guys were trustworthy
September 15th, 2009 . by RobertI would sincerely like to be optimistic and believe Mr. Bernake’s rhetoric about the recession being over but, when you look at what the experts are saying, it becomes very difficult to accept the Fed Chair’s rosy outlook.
The experts I’m referring to are the ones who saw the problem coming in the first place, not the Cramer-like individuals who are already calling a victory over recession and trying to convince us that bailing out banks, buying old cars, and pumping money we don’t have into the mortgage markets has won the day.
No, the experts I’m talking about are the ones who understand what caused the issue in the first place. While it’s typical to hear about how under-regulation lead to this crash, those who truly understand the problem tell a very different story that’s worth listening to.
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