Re:China can deflate the world’s largest credit bubble in an...
by coliveira on Saturday May 06, 2017 @02:26AM
(#14279022)
Of course the next bubble will require more than $3 trillion... And saying that things are going rather well is absurd.
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Re:China can deflate the world’s largest credit bubble in an...
by AnimalMuppet on Monday May 08, 2017 @12:08PM
(#14292857)
I didn't say that things are going rather well. I said that the Fed's intervention worked rather well. That's not the same thing.
In particular, compare 2008-2017 to 1929-1938. That gives some (imperfect) measure of how well the Fed intervention worked.