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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: roguedolphin who wrote (79750)6/3/2008 2:16:56 PM
From: mishedlo  Read Replies (4) | Respond to of 116555
 
Bernanke Blames Saving Glut For Housing Bubble
globaleconomicanalysis.blogspot.com
In yet another long winded and self serving speech, Bernanke blames everyone but the Fed for the housing and credit bubbles. Not once did he mention interest rate policy at the Fed. However, he did blame foreign investors and "the global savings" glut for contributing to the problem. ...
Mish