Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: Broken_Clock who wrote (1445585)	3/10/2024 7:11:34 PM
From: Wharf Rat	3 Recommendations Recommended By Eric pocotrader rdkflorida2 Read Replies (1) of 1573321

In Rat's world, an ER doc walked into the room one night in '08, and said, "Bush just broke the world." Rat thinks it was oil prices, led by a spike in demand as China prepared for the Olympics, which led to higher variable mortgage rates, leading to foreclosures, etc. Either way, unlike the S&L scandal, nobody was prosecuted, except maybe Madoff. I think that was a mistake. Causes and Consequences of the Oil Shock of 2007–08 Brookings PDF by JD HAMILTON · 2009 · Cited by 2429 — ABSTRACT This paper explores similarities and differences between the run-up of oil prices in 2007–08 and earlier oil price shocks, looking at

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