The 2008 Financial Crisis Was Not Caused By Short Selling
Wednesday, July 30, 2014 - 03:20
in Mathematics & Economics
In the summer of 2008, the US economy was clipping along as well as it had ever been. There were people in the know who recognized that actual economic output was down and the drivers were housing sales, including President Bush and his economic advisors years earlier, but they got little attention as long as GDP kept looking higher. read more